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559.2091 Contract for deed subject to mediation.

Subdivision 1. Lien for rental value; attachment. (a) A contract for deed vendor who is a natural person with a debt subject to mediation under sections 583.20 to 583.32 and who engages in mediation under sections 583.20 to 583.32 as a result of a purchaser's default on the contract, is considered a person who leases a property for agricultural production under section 514.960. The vendor has a lien for the reasonable rental value of the property during the mediation period as mutually determined by the vendor and the vendee not to exceed the rental value of the land as determined by the director of the University of Minnesota extension service or by district court. The rental period under this section must not exceed the period in which the vendor's remedies are stayed under sections 583.20 to 583.32.

(b) The lien attaches to crops grown or to be grown by the vendee on the property subject to the contract regardless of the ownership of the crops.

Subd. 2. Perfection. Notwithstanding the requirement of section 514.960, subdivision 2, that the lien be filed within 30 days after the crops become growing crops, the lien provided under this subdivision is perfected by the vendor only if filed during mediation or within 30 days after the conclusion of mediation.

Subd. 3. Crediting of payments. Payments acquired through a lien created under this subdivision must be applied as a payment on the contract according to the terms of the contract.

Subd. 4. Mediation exemption. A lien created under this section and filed under section 514.960 is exempt from sections 583.20 to 583.32.

HIST: 1987 c 292 s 8

Official Publication of the State of Minnesota
Revisor of Statutes