Minnesota Legislature
Office of the Revisor of Statutes
2012 Minnesota Statutes Index (topics)
MORTGAGES
See also CONVEYANCES; MORTGAGE CORPORATIONS; MORTGAGE GUARANTY INSURANCE; MORTGAGE REGISTRY TAXES; REAL PROPERTY; TRACT INDEXES
Accelerated mortgage payment providers
Accounts and accounting, Minn. Statutes 2012 332.303
Background checks, Minn. Statutes 2012 332.301
Bond requirements, Minn. Statutes 2012 332.30
Debt management services providers, exclusion, Minn. Statutes 2012 332A.02
Definitions, Minn. Statutes 2012 332A.02
Generally, Minn. Statutes 2012 332.302
Adverse claims to real property, Minn. Statutes 2012 559.17 to 559.19
Advertisement of terms, Minn. Statutes 2012 47.206
Affidavits, filing or recording, mortgage registry taxes, Minn. Statutes 2012 287.05
Amendments
Deed taxes, exemption, Minn. Statutes 2012 287.22
Form, Minn. Statutes 2012 287.05
Mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Armories
Armory Building Commission, securing, conditions, Minn. Statutes 2012 193.147
Mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Assignees defined as purchasers, recording conveyances, Minn. Statutes 2012 507.01
Assignment
Corporate identity changes, Minn. Statutes 2012 507.411
Deed taxes, exemption, Minn. Statutes 2012 287.22
Defined as conveyance, Minn. Statutes 2012 507.01
Generally, Minn. Statutes 2012 47.205
Recorded assignment, Minn. Statutes 2012 287.10, 507.32
Assumptions, Minn. Statutes 2012 47.20
Background checks, accelerated mortgage payment providers, Minn. Statutes 2012 332.301
Banks with trust powers, investment powers, Minn. Statutes 2012 48A.08
Bills of lading, negotiating bills with mortgages, fines, Minn. Statutes 2012 228.48
Business corporations, rights, powers of corporation regarding, Minn. Statutes 2012 302A.161
Canada, investments in, insurance companies, Minn. Statutes 2012 60A.11
Certificates of release of mortgage, Minn. Statutes 2012 507.401
Certificates of satisfaction by assignee, Minn. Statutes 2012 507.403
Certified copies
Certificates of satisfaction by assignee, recording, Minn. Statutes 2012 507.403
Discharges, recording, Minn. Statutes 2012 507.40
Chattel mortgages, see CHATTEL MORTGAGES
"Churning", residential mortgage loans, Minn. Statutes 2012 58.13, 58.18
Claims secured by, defined as credits, Minn. Statutes 2012 272.03
Commercial mortgage activities, residential mortgage originator and servicer licenses, exemptions, Minn. Statutes 2012 58.05
Commercial mortgage loans
Definitions, Minn. Statutes 2012 60A.121
Insurance companies, Minn. Statutes 2012 60A.122, 60A.123, 60A.1285, 60A.1291
Community land trusts, Minn. Statutes 2012 462A.31
Condominiums, Minn. Statutes 2012 515.02
Conflicts of interest, Rural Finance Authority, members or employees, Minn. Statutes 2012 41C.11
Construction mortgages
Defined, Minn. Statutes 2012 336.2A-309, 336.9-102
Security interests, perfection and priority, Minn. Statutes 2012 336.9-334
Cooperative apartment loans
Assignment or sale, Minn. Statutes 2012 47.206
Discount point agreements, Minn. Statutes 2012 47.206
Generally, Minn. Statutes 2012 47.20
Graduated payment home loans, Minn. Statutes 2012 47.201
Insurance rates, Minn. Statutes 2012 47.20, 47.206
Cooperative associations
Corporate powers, Minn. Statutes 2012 308A.201
Rights, powers of association regarding, Minn. Statutes 2012 308B.301
Cooperative power associations, Minn. Statutes 2012 507.327
Covenants, short form mortgages, Minn. Statutes 2012 507.15
Damages, failure to discharge, Minn. Statutes 2012 507.41
Deed taxes, exemptions, Minn. Statutes 2012 287.22
Defeating security, violations and penalties, Minn. Statutes 2012 609.615
Deficiency judgment, Minn. Statutes 2012 582.30
Definitions
Certificates of release of mortgage, Minn. Statutes 2012 507.401
Commercial Code, Minn. Statutes 2012 336.2A-309, 336.9-102
Guardianship and protective proceedings, Minn. Statutes 2012 524.5-418
Housing Finance Agency, Minn. Statutes 2012 462A.03
Insurance law, Minn. Statutes 2012 60A.121
MFIP, Minn. Statutes 2012 256J.08
Mortgage registry tax, Minn. Statutes 2012 287.01
Municipal housing programs, Minn. Statutes 2012 462C.02
Partnerships, Minn. Statutes 2012 323A.0101
Residential Mortgage Originator and Servicer Licensing Act, Minn. Statutes 2012 58.02
Statutory construction, Minn. Statutes 2012 645.44
Uniform Probate Code, Minn. Statutes 2012 524.1-201
Delinquent mortgage loans, insurance companies, Minn. Statutes 2012 60A.123, 60A.127
Descriptions of property, misdescription, correction instruments, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Discharge, certified copies, electronic records, Minn. Statutes 2012 507.40
Disclosures, interest rate or discount point agreements, Minn. Statutes 2012 47.206
Discount point agreements, Minn. Statutes 2012 47.20, 47.206
Discriminatory provisions restricting conveyance of real property, Minn. Statutes 2012 507.18
Distressed mortgage loans
Defined, Minn. Statutes 2012 60A.121
Insurance companies, Minn. Statutes 2012 60A.123, 60A.127
Eligibility, Minn. Statutes 2012 41C.05
Escrow accounts, Minn. Statutes 2012 47.20, 47.205
Evidence, Minn. Statutes 2012 287.10, 507.403, 507.411
Extensions
Deed taxes, exemption, Minn. Statutes 2012 287.22
Mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Farms, drafting, Minn. Statutes 2012 481.02
Federal preemption
Limitations on interest and other charges, Minn. Statutes 2012 47.204
Override, Minn. Statutes 2012 47.203
Finance charges, precomputed, refunds, Minn. Statutes 2012 47.20
Fines
Cooperative apartment loans, unlawful interest rates, Minn. Statutes 2012 47.20
Satisfaction of mortgage, failure to deliver, Minn. Statutes 2012 47.208
First mortgages, investment companies, assets, types permitted, Minn. Statutes 2012 54.27
Fixture filing, defined, Minn. Statutes 2012 336.2A-309
Foreclosure, see Mortgages under FORECLOSURE
Foreign corporations
Business transactions, exceptions, Minn. Statutes 2012 303.03
Violations, effect, Minn. Statutes 2012 303.17
Forms
Amendments, Minn. Statutes 2012 287.05
Conveyances, Minn. Statutes 2012 507.09
Drafters, inclusion of names and addresses, Minn. Statutes 2012 507.091
Multistate mortgages, Minn. Statutes 2012 287.05
Real property in Minnesota, security for, Minn. Statutes 2012 287.05
Short form mortgages, Minn. Statutes 2012 507.15
Fraternal benefit societies, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Fraud, residential mortgage fraud, Minn. Statutes 2012 609.822
Gambling debts, mortgage void, Minn. Statutes 2012 541.21
Gas companies, Minn. Statutes 2012 507.327
Graduated payment home loans, Minn. Statutes 2012 47.201
Grantees, power to sell land, Minn. Statutes 2012 502.77
High-risk mortgage-backed securities, investments in, public funds (local), exclusions, Minn. Statutes 2012 118A.04
Housing projects in blighted areas, security, Minn. Statutes 2012 469.012
Implied covenants, Minn. Statutes 2012 507.16
Industrial development projects, see Mortgages under INDUSTRIAL DEVELOPMENT DISTRICTS
Insurance
Excess insurance, Minn. Statutes 2012 65A.09, 72A.31
Group accidental death and disability income insurance policies, Minn. Statutes 2012 62A.10
Group life insurance policies, provisions, Minn. Statutes 2012 61A.09
Guaranty insurance, see MORTGAGE GUARANTY INSURANCE
Private mortgage insurance, Minn. Statutes 2012 47.207
Reverse mortgages, Minn. Statutes 2012 47.58
Insurance companies
Definitions, Minn. Statutes 2012 60A.121
Direct write-downs, Minn. Statutes 2012 60A.123, 60A.1285
Fire insurance settlement proceeds, release to mortgagee, Minn. Statutes 2012 65A.50
Generally, Minn. Statutes 2012 60A.127
Impairment, measurement, Minn. Statutes 2012 60A.123
Investments, Minn. Statutes 2012 60A.11
Life insurance companies, Minn. Statutes 2012 61A.09, 61A.28
Losses, permanent impairments, realized losses, Minn. Statutes 2012 60A.1285
Valuation, Minn. Statutes 2012 60A.123
Interest
Business expenses allowed, MFIP self-employed participants, Minn. Statutes 2012 256J.37
Conventional mortgage loans, Minn. Statutes 2012 47.20
Limitations, Minn. Statutes 2012 47.204
Reverse mortgages, mortgage registry tax, exemption, Minn. Statutes 2012 287.05
Interest rate agreements, Minn. Statutes 2012 47.206
Investment grade, Minn. Statutes 2012 58.13
Investments in
Housing Finance Agency, powers, Minn. Statutes 2012 462A.05
Insurance companies, Minn. Statutes 2012 60A.11
Investment Board, Minn. Statutes 2012 11A.24
Public funds (local), Minn. Statutes 2012 118A.04
Public retirement plans, Minn. Statutes 2012 356A.06
Savings banks, Minn. Statutes 2012 50.14
Joint tenants, satisfaction or release, Minn. Statutes 2012 507.412
Land registration, see Mortgages under LAND REGISTRATION
Life insurance companies
Group life insurance, policies, Minn. Statutes 2012 61A.09
Loans secured by mortgages, investments, Minn. Statutes 2012 61A.28
Limited liability companies, see Mortgages under LIMITED LIABILITY COMPANIES
Long-term residential housing mortgage loans, Housing Finance Agency, powers, Minn. Statutes 2012 462A.05
Mail and mailing, satisfaction of mortgage, certified mail, Minn. Statutes 2012 47.208
Manufactured homes, repossession, Minn. Statutes 2012 327.63
Minerals, conveyances, recording, Minn. Statutes 2012 507.36
Modifications, effect on mortgage registry taxes, Minn. Statutes 2012 287.05
Mortgage brokers
Agency, duties, Minn. Statutes 2012 58.16, 58.161
Fees paid to, Minn. Statutes 2012 58.137, 58.16
Lawsuits against, Minn. Statutes 2012 58.18
Reverse mortgages, limitations, Minn. Statutes 2012 47.58
Mortgage certificate program, Housing Finance Agency, powers, Minn. Statutes 2012 462A.05
Mortgage credit certificate programs
Definitions, Minn. Statutes 2012 462C.02
Generally, Minn. Statutes 2012 462C.11
Mortgage liens
Junior liens, voluntary foreclosures, Minn. Statutes 2012 582.32
Subdivided land sales, Minn. Statutes 2012 83.40
Mortgage loan originators, residential, see RESIDENTIAL MORTGAGE ORIGINATORS AND SERVICERS
Mortgage loans
Agricultural property, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Applications, credit inquiries arising from, Minn. Statutes 2012 13C.01
Commercial mortgage loans, see same under this topic
Definitions, Minn. Statutes 2012 56.001
Farmers Home Administration, see FARMERS HOME ADMINISTRATION (FMHA)
Federal Home Loan Mortgage Corporation, see FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)
Federal National Mortgage Association, see FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE)
Group life insurance policies, provisions, Minn. Statutes 2012 61A.09
Housing and Urban Development Department (U.S.), see HOUSING AND URBAN DEVELOPMENT DEPARTMENT (U.S.)
Housing Finance Agency, see Mortgage loans under HOUSING FINANCE AGENCY LOANS AND GRANTS
Improved real estate, banks, liability, Minn. Statutes 2012 48.24
Low and moderate income/affordable housing programs, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Renegotiable rate mortgage loans, Minn. Statutes 2012 50.14
Reverse mortgages, see same under this topic
Veterans Administration, see VETERANS ADMINISTRATION (U.S.)
Mortgage trustees, Minn. Statutes 2012 48A.07
Mortgagees
Advances by, mortgage registry taxes, exemption, Minn. Statutes 2012 287.05
Definitions, Minn. Statutes 2012 47.20, 507.401
Delinquent property taxes, filing to receive notice, Minn. Statutes 2012 276.041
Fiduciary duties, mortgage registry taxes, collection and remittance, Minn. Statutes 2012 287.08
Foreclosure consultants, exclusion, Minn. Statutes 2012 325N.01
Fraternal benefit societies, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Land acquired by foreclosure, hazardous substances releases, responsible persons, Minn. Statutes 2012 115B.03
Notice received, fire insurance, final settlement, partial withholding, Minn. Statutes 2012 65A.50
Payments to, fire insurance settlement proceeds, Minn. Statutes 2012 65A.50
Private transfer fee obligations, liability, Minn. Statutes 2012 513.75
Property taxes, payment, notice given, Minn. Statutes 2012 272.435
Public nuisances, definitions, Minn. Statutes 2012 617.80
Tax liens, enforcement, filing of notice, Minn. Statutes 2012 270C.63
Mortgagors
Liability, wrongful or erroneous certificates of release of mortgage, Minn. Statutes 2012 507.401
Note owner information from transaction agents or servicers, Minn. Statutes 2012 58.162
Notice received, property taxes, payment, Minn. Statutes 2012 272.435
Residential real estate closings, Minn. Statutes 2012 507.45
Multistate mortgages, mortgage registry taxes, see MORTGAGE REGISTRY TAXES
Municipal gas agencies, Minn. Statutes 2012 453A.04, 453A.05
Municipal power agencies, Minn. Statutes 2012 453.54, 453.55
Nationwide Mortgage Licensing System and Registration, see under RESIDENTIAL MORTGAGE ORIGINATORS AND SERVICERS
Nonprofit corporations, Minn. Statutes 2012 317A.161, 317A.305, 317A.671
Notice
Recitals of unrecorded mortgages, Minn. Statutes 2012 507.332
Recording deemed notice, Minn. Statutes 2012 507.32, 507.325
Ores, conveyances, recording, Minn. Statutes 2012 507.36
Owners, affidavits
Deed taxes, see DEED TAXES
Mortgage registry taxes, payment, Minn. Statutes 2012 287.11
Partial release, deed taxes, exemption, Minn. Statutes 2012 287.22
Payments
Charges against principal, Uniform Principal and Income Act, Minn. Statutes 2012 501B.71
Reverse mortgages, Minn. Statutes 2012 47.58, 287.05
Performing mortgage loans, insurance companies, valuation, Minn. Statutes 2012 60A.123
Pipeline companies, Minn. Statutes 2012 507.327, 507.328
Plain Language Contract Act, exemption, Minn. Statutes 2012 325G.30
Power companies, Minn. Statutes 2012 507.327
Power to make, generally, Minn. Statutes 2012 47.20
Precomputed loans, finance charges, refunds, Minn. Statutes 2012 47.20
Predatory lending practices, residential mortgage loans, Minn. Statutes 2012 58.13, 58.18, 609.822
Prepayment penalties
Eminent domain, Minn. Statutes 2012 117.087
Restrictions, Minn. Statutes 2012 58.137
Private mortgage insurance, Minn. Statutes 2012 47.207
Probate, mortgages defined, Minn. Statutes 2012 524.1-201
Public property, exemptions, Minn. Statutes 2012 287.04
Public retirement plans, loans secured by mortgages, investment in, Minn. Statutes 2012 356.64
Public service corporations, Minn. Statutes 2012 301B.04, 301B.05
Public utilities, Minn. Statutes 2012 507.327
Purchase, mortgage defined as, Minn. Statutes 2012 336.1-201, 336.2A-103
Purchase money real estate mortgages, see PURCHASE MONEY REAL ESTATE MORTGAGES
Railroads, Minn. Statutes 2012 222.13, 222.18
Real estate mortgage investment conduit, ownership of interest, income and franchise taxes, exceptions, Minn. Statutes 2012 290.015
Real estate mortgages, defined as encumbrances, Minn. Statutes 2012 336.2A-309
Real property, nonjoinder of spouse, effect, Minn. Statutes 2012 507.03
Real property subject to taconite and iron sulfides taxes, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Receiverships, Minn. Statutes 2012 576.25
Recitals
Disregarding, Minn. Statutes 2012 507.33, 507.331
Unrecorded mortgages, Minn. Statutes 2012 507.332
Recording
Corporate identity changes, Minn. Statutes 2012 507.411
County recorders, duties, Minn. Statutes 2012 386.39
Defined, Minn. Statutes 2012 287.01
Mortgage registry taxes, payment, Minn. Statutes 2012 287.10
Records, financing statements, mortgage records as, Minn. Statutes 2012 336.9-502
Refinancing mortgages, Housing Finance Agency, powers, Minn. Statutes 2012 462A.05
Refunds, precomputed finance charges, Minn. Statutes 2012 47.20
Registration
Electronic documents, Minn. Statutes 2012 287.08
Fees, Minn. Statutes 2012 40A.151, 40A.152
Taxes, see MORTGAGE REGISTRY TAXES
Regulated lenders, see Mortgages under REGULATED LENDERS
Religious corporations, see Mortgages under RELIGIOUS CORPORATIONS
Renegotiable rate mortgage loans, Minn. Statutes 2012 50.14
Rescission, reverse mortgages, Minn. Statutes 2012 47.58
Residences, drafting, Minn. Statutes 2012 481.02
Residential mortgage fraud, Minn. Statutes 2012 609.822
Residential mortgage loans
Defined, Minn. Statutes 2012 47.207
Interest rates, Minn. Statutes 2012 58.16
Predatory lending practices, Minn. Statutes 2012 58.13, 58.18, 609.822
Rates, fully indexed rate, Minn. Statutes 2012 58.02
Residential mortgage originators and servicers, Minn. Statutes 2012 58.125, 58.13
S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2012 58A.01 to 58A.22
Residential mortgage originators and servicers, Minn. Statutes 2012 58.01 to 58.19, 60K.43
Restrictions, discriminatory provisions restricting conveyance of real property, Minn. Statutes 2012 507.18
Restructured mortgage loans, insurance companies, Minn. Statutes 2012 60A.123, 60A.127
Retail installment contracts, Motor Vehicle Retail Installment Sales Act, Minn. Statutes 2012 53C.01
Reverse mortgages
Authorized, Minn. Statutes 2012 47.20
Federally administered mortgages, tax exemption, Minn. Statutes 2012 287.05
Generally, Minn. Statutes 2012 47.58
Interest, Minn. Statutes 2012 47.58, 287.05
Lender default, Minn. Statutes 2012 47.58
MFIP, income, exclusion, Minn. Statutes 2012 256J.21
Mortgage registry taxes, see MORTGAGE REGISTRY TAXES
Proceeds, disregards, Minn. Statutes 2012 256.99
Residential mortgage originators and servicers, Minn. Statutes 2012 58.19
Revolving lines of credit secured by
Mortgage registry tax, Minn. Statutes 2012 287.05
Recording, notice to parties, Minn. Statutes 2012 507.325
Rural development financing authorities, powers, Minn. Statutes 2012 469.146
Rural Finance Authority, seller-sponsored loans, security, Minn. Statutes 2012 41B.042
Rural water user districts, property, Minn. Statutes 2012 110A.33, 110A.34
Satisfaction
Certificates of release of mortgage, Minn. Statutes 2012 507.401
Certificates of satisfaction by assignee, Minn. Statutes 2012 507.403
Conveyancing forms, Minn. Statutes 2012 507.09, 507.091
Corporate identity changes, Minn. Statutes 2012 507.411
Deed taxes, exemption, Minn. Statutes 2012 287.22
Delivery, Minn. Statutes 2012 47.208
Failure to discharge, Minn. Statutes 2012 507.41
Procedure, Minn. Statutes 2012 507.40
Recording, mortgage registry tax payments, Minn. Statutes 2012 287.10
Release by fewer than all mortgagees, Minn. Statutes 2012 507.412
Violations and penalties, failure to deliver, Minn. Statutes 2012 47.208
Secured transactions, see Mortgages under SECURED TRANSACTIONS
Securities, exemptions, Minn. Statutes 2012 83.26
Security
Agricultural improvement programs, direct loans, Minn. Statutes 2012 41B.043
Agricultural resource project loans, Minn. Statutes 2012 41A.03
Inapplicable laws, Minn. Statutes 2012 47.21
Instruments, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Livestock expansion loans, Minn. Statutes 2012 41B.045
Multistate mortgages, Minn. Statutes 2012 287.05
Real property in Minnesota, Minn. Statutes 2012 287.05
Selling mortgaged real estate, Minn. Statutes 2012 47.20
Semitaconite mining companies, Minn. Statutes 2012 507.327
Senior citizens' property tax deferral program, Minn. Statutes 2012 290B.03, 290B.04
Seven-day cooling off period, reverse mortgages, Minn. Statutes 2012 47.58
Shelter costs, mortgages defined as, Minn. Statutes 2012 256J.08
"Special mortgages", Minn. Statutes 2012 58.13
Successors in interest, savings banks, Minn. Statutes 2012 50.1485
Supplemental mortgages, see MORTGAGE REGISTRY TAXES
Taconite mining companies, Minn. Statutes 2012 507.327
Tax-exempt property, mortgages on, mortgage registry taxes, exemption, Minn. Statutes 2012 287.04
Taxes, see MORTGAGE REGISTRY TAXES
Telegraph companies
Bonds secured by, Minn. Statutes 2012 222.141
Recording requirements, Minn. Statutes 2012 222.18
Telephone companies
Bonds secured by, Minn. Statutes 2012 222.141
Generally, Minn. Statutes 2012 507.327
Timber, conveyances, recording, Minn. Statutes 2012 507.36
Transfer statements, see under SECURED TRANSACTIONS
Transfers, mortgages defined as, Minn. Statutes 2012 323A.0101
Trust companies, investment powers, Minn. Statutes 2012 48A.08
Trusts
Assets, generally, Minn. Statutes 2012 501B.46 to 501B.57
Trustees, enumerated powers, Minn. Statutes 2012 501B.81
Uniform Short Form Mortgage Act, Minn. Statutes 2012 507.15
Unrecorded mortgages, recitals, notice, generally, Minn. Statutes 2012 507.332
Usury, Minn. Statutes 2012 47.20
Validity, mortgage registry tax, errors, Minn. Statutes 2012 287.10
Veterans administration, secured mortgages, savings banks, purchasing, selling, Minn. Statutes 2012 50.155
Violations and penalties
Cooperative apartment loans, unlawful interest rates, Minn. Statutes 2012 47.20
Discount point agreements, Minn. Statutes 2012 47.206
Failure to discharge, damages, Minn. Statutes 2012 507.41
Interest rate agreements, Minn. Statutes 2012 47.206
Predatory lending, Minn. Statutes 2012 609.822
Unlawful interest rates, Minn. Statutes 2012 47.20
Waivers, Minn. Statutes 2012 47.20
Warehouse receipts, negotiating without disclosing mortgage, Minn. Statutes 2012 227.55