1998 Minnesota Statutes

     284.03 Redemption from sale.  

    The owner or any person interested in any parcel of land 
 sold pursuant to sections 284.01 and 284.02 may redeem the same 
 at any time within one year thereafter by paying to the 
 purchaser, or the court administrator of the district court for 
 the purchaser, the amount for which the same was sold, with 
 interest thereon at the rate of 12 percent per annum from the 
 date of sale; and the purchaser or the court administrator shall 
 execute to such redemptioner a certificate of such redemption.  
 If there be no redemption within the time aforesaid, title to 
 such land shall thereupon vest absolutely in the purchaser.  

    HIST: (2187) RL s 971; 1986 c 444; 1Sp1986 c 3 art 1 s 82