US Lawyer Database

Section 507.411 — Corporate Change Noted In Assignment, Satisfaction, Or Release.

507.411 CORPORATE CHANGE NOTED IN ASSIGNMENT, SATISFACTION, OR RELEASE. When a change in the name or identity of a corporate mortgagee or assignee of the mortgagee is caused by or results from a merger, consolidation, amendment to charter or articles of incorporation, or conversion of articles of incorporation or charter from federal to state, from […]

Section 507.412 — Satisfaction Or Release By Fewer Than All Mortgagees.

507.412 SATISFACTION OR RELEASE BY FEWER THAN ALL MORTGAGEES. A real estate mortgage securing an undivided debt owned by more than one mortgagee or assignee, including joint tenants, may be satisfied or released by an instrument executed by any one of the mortgagees or assigns unless the mortgage specifically states otherwise. The debt is presumed […]

Section 507.413 — Authority Of Mortgagee Designated As Nominee Or Agent.

507.413 AUTHORITY OF MORTGAGEE DESIGNATED AS NOMINEE OR AGENT. (a) An assignment, satisfaction, release, or power of attorney to foreclose is entitled to be recorded in the office of the county recorder or filed with the registrar of titles and is sufficient to assign, satisfy, release, or authorize the foreclosure of a mortgage if: (1) […]

Section 507.42 — Certain Deeds Validated.

507.42 CERTAIN DEEDS VALIDATED. All deeds for the conveyance of real estate made and executed by a personal representative of the estate of a deceased person, pursuant to the order of any court of this state exercising probate jurisdiction authorizing and directing the making and execution of such instrument, where the execution thereof was otherwise […]

Section 507.422 — Certain County Conveyances Validated.

507.422 CERTAIN COUNTY CONVEYANCES VALIDATED. No deed of conveyance of real estate made by a county in this state that has been of record with the county recorder or registrar of titles for more than five years shall be held invalid or void for failure to comply with the requirements of section 373.01, subdivision 1, […]

Section 507.45 — Residential Real Estate Closings.

507.45 RESIDENTIAL REAL ESTATE CLOSINGS. Subdivision 1. By whom; fee authorized. Residential real estate closing services may be provided and a fee charged by a licensed attorney, real estate broker, real estate salesperson, and real estate closing agent. Subd. 2. Notice of closing agent’s fee. No charge for closing services, except a charge disclosed under […]

Section 507.46 — Certificate Of Translation Of Documents In Foreign Languages.

507.46 CERTIFICATE OF TRANSLATION OF DOCUMENTS IN FOREIGN LANGUAGES. Subdivision 1. Form of certificate. A county recorder or registrar of titles shall accept for recording a document that is not prepared in the English language, but is otherwise in recordable form, if there is appended to the non-English language document a translation of the document […]

Section 507.47 — Creation Of Servitudes By Common Owner.

507.47 CREATION OF SERVITUDES BY COMMON OWNER. An easement, condition, restriction, or other servitude that is imposed on real property by a recorded instrument and is not in violation of law or public policy, is valid notwithstanding the common ownership, when the easement, condition, restriction, or other servitude is imposed, of any of the real […]

Section 507.48 — Bona Fide Purchasers Protected.

507.48 BONA FIDE PURCHASERS PROTECTED. An express trust not declared in the disposition to the trustee or a constructive or resulting trust does not defeat the title of a purchaser from the trustee for value and without notice of the trust, or the rights of a creditor who extended credit to the trustee in reliance […]