Section 582.05 — Receiver Of Rents With Possession.
582.05 RECEIVER OF RENTS WITH POSSESSION. On the commencement of proceedings to foreclose, either by action or advertisement, any mortgage on a leasehold estate of more than three years covering urban property, or at any time after such commencement until the expiration of the period of redemption, the owner of any such mortgage or the […]
Section 582.01 — Attorney’s Fees.
582.01 ATTORNEY’S FEES. Subdivision 1. Contractual fees. The mortgagor may, in the mortgage, covenant to pay or authorize the mortgagee to retain an attorney’s fee in case of foreclosure; but such fees in case of foreclosure by advertisement shall not exceed the following amounts, and any provision for fees in excess thereof shall be void […]
Section 582.02 — Attorney’s Fees, Collection.
582.02 ATTORNEY’S FEES, COLLECTION. When the mortgage provides for an attorney’s fee in case of foreclosure, and an attorney at law of the state is employed to conduct the same, the mortgagee or the mortgagee’s heirs, personal representatives or assigns, may, upon foreclosure, collect or retain such fee, but not in excess of the sum […]
Section 582.03 — Purchaser May Pay Taxes And Other Expenses Due.
582.03 PURCHASER MAY PAY TAXES AND OTHER EXPENSES DUE. Subdivision 1. Allowable costs collectable upon redemption. The holder of any sheriff’s certificate of sale, from a foreclosure by advertisement or action of a mortgage or lien or execution, or the holder of any certificate of redemption as a junior creditor during the period of redemption, […]
Section 582.031 — Limited Right Of Entry; Duty To Enter And Protect Premises.
582.031 LIMITED RIGHT OF ENTRY; DUTY TO ENTER AND PROTECT PREMISES. Subdivision 1. Right of entry. (a) If premises described in a mortgage or sheriff’s certificate are vacant or unoccupied, the holder of the mortgage or sheriff’s certificate or the holder’s agents and contractors may enter upon the premises to protect the premises from waste […]
Section 582.032 — Five-week Redemption Period; Certain Abandoned Properties.
582.032 FIVE-WEEK REDEMPTION PERIOD; CERTAIN ABANDONED PROPERTIES. Subdivision 1. Application. This section applies to mortgages executed after December 31, 1989, under which there has been a default in the payment of money existing for at least 60 days as of the date of the filing of the complaint or motion provided for in this section. […]
Section 582.039 — Mediation Notice For Agricultural Property.
582.039 MEDIATION NOTICE FOR AGRICULTURAL PROPERTY. Subdivision 1. Requirement. A person may not begin a proceeding under this chapter or chapter 580 to foreclose a mortgage on agricultural property subject to sections 583.20 to 583.32 that has a secured debt of more than the amount provided in section 583.24, subdivision 5, unless: (1) a mediation […]
Section 582.041 — Foreclosure Of Mortgage That Includes Homestead.
582.041 FORECLOSURE OF MORTGAGE THAT INCLUDES HOMESTEAD. Subdivision 1. Notification of homestead designation. If a mortgage on real property is foreclosed and the property contains a portion of a homestead, the person in possession of the real property must be notified by the foreclosing mortgagee that the homestead may be sold and redeemed separately from […]
Section 582.042 — Foreclosure; Agricultural Land In Separate Tracts.
582.042 FORECLOSURE; AGRICULTURAL LAND IN SEPARATE TRACTS. Subdivision 1. Notice about tracts. If a mortgage on real property that is agricultural land is foreclosed and the property contains separate tracts, the person in possession of the real property must be notified by the foreclosing mortgagee that the separate tracts may be sold and redeemed separately. […]