Section 550.365 — Mediation Notice And Requirements For Agricultural Property.
550.365 MEDIATION NOTICE AND REQUIREMENTS FOR AGRICULTURAL PROPERTY. Subdivision 1. Requirement. A person may not attach, execute on, levy on, or seize agricultural property subject to sections 583.20 to 583.32 that has secured a debt of more than the amount provided in section 583.24, subdivision 5, unless: (1) a mediation notice is served on the […]
Section 550.21 — Sale Of Corporate Stock.
550.21 SALE OF CORPORATE STOCK. In case of the sale of any rights or shares in the stock of a corporation, the sheriff shall execute to the purchaser a certificate of such sale, which shall transfer to the purchaser all the rights of the judgment debtor in respect thereto. History: (9436) RL s 4307; 1986 […]
Section 550.366 — Judgments On Debts Related To Agricultural Property.
550.366 JUDGMENTS ON DEBTS RELATED TO AGRICULTURAL PROPERTY. Subdivision 1. Definitions. For purposes of this section, the following terms have the meanings given: (1) “Agricultural property” means personal property that is used in a farm operation. (2) “Farm debtor” means a person who has incurred debt while in the operation of a family farm, a […]
Section 550.22 — Certificate Of Sale Of Real Property.
550.22 CERTIFICATE OF SALE OF REAL PROPERTY. When a sale of real property is made upon execution, or pursuant to a judgment or order of a court, unless otherwise specified therein, the officer shall execute and deliver to the purchaser a certificate containing: (1) a description of the execution, judgment, or order; (2) a description […]
Section 550.23 — Interest Of Purchaser Subject To Attachment Or Judgment.
550.23 INTEREST OF PURCHASER SUBJECT TO ATTACHMENT OR JUDGMENT. The interest acquired upon any sale is subject to the lien of an attachment or judgment duly made or docketed against the person holding the same, as in case of real property, and may be attached or sold on execution in the same manner. History: (9439) […]
Section 550.24 — Redemption Of Real Property.
550.24 REDEMPTION OF REAL PROPERTY. (a) Upon the sale of real property, if the estate sold is less than a leasehold of two years’ unexpired term, the sale is absolute. In all other cases the property sold, or any portion thereof which has been sold separately, is subject to redemption as provided in this section. […]
Section 550.26 — Redemption, How Made.
550.26 REDEMPTION, HOW MADE. The person desiring to redeem shall pay to the person holding the right acquired under such sale, or for the person to the sheriff or the court administrator of the district court of the county in which the real property is situated, the amount required by law for such redemption, and […]
Section 550.27 — Certificate Of Redemption; Effect Of Redemption.
550.27 CERTIFICATE OF REDEMPTION; EFFECT OF REDEMPTION. The person or officer from whom such redemption is made shall execute to the person redeeming a certificate in substantially the same form as the certificate required by law to be executed on redemption from a sale of real property under foreclosure of a mortgage by advertisement; and […]
Section 550.28 — Sale Irregular Or Judgment Reversed.
550.28 SALE IRREGULAR OR JUDGMENT REVERSED. If the purchaser of real property sold on execution, or the purchaser’s successor in interest, be evicted therefrom in consequence of irregularities in the proceedings concerning the sale, or of the reversal or discharge of the judgment, the purchaser or successor may recover from the judgment creditor the price […]
Section 550.29 — Redemption Pending Action To Set Aside Execution Sale.
550.29 REDEMPTION PENDING ACTION TO SET ASIDE EXECUTION SALE. When an action is brought to set aside an execution sale of land, and the time of redemption from such sale may expire before final judgment therein, any person having the right to redeem therefrom, for the purpose of saving such right, may deposit with the […]