1999 Minnesota Statutes

     550.25 Order of redemption.  

    Within one year after the day of sale the judgment debtor, 
 the debtor's heirs or assigns, may redeem by paying to the 
 purchaser the amount for which the property was sold, with 
 interest, and, if the purchaser be a creditor having a prior 
 lien, the amount thereof, with interest.  If no such redemption 
 be made, the senior creditor may redeem within five days after 
 the expiration of such year, and each subsequent creditor within 
 five days after the time allowed all prior lienholders, by 
 paying the aforesaid amount, and all liens prior to the 
 creditor's own, held by the party from whom the creditor 
 redeems; provided, that no creditor can redeem unless within 
 such year the creditor files notice of an intention so to do 
 with the court administrator of the court where the judgment is 
 entered.  

    HIST: (9441) RL s 4311; 1986 c 444; 1Sp1986 c 3 art 1 s 82