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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 501B.47: PETITION BY OWNER OF PRESENT OR FUTURE INTEREST FOR COURT ORDER TO SELL, MORTGAGE, OR LEASE INTERESTS IN REAL PROPERTY.

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Where this section sits in the code
  1. PROPERTY AND PROPERTY INTERESTS
  2. CHAPTER 501B. CHARITABLE TRUSTS
  3. SALES AND LEASES OF REAL PROPERTY

Notwithstanding a contrary provision in the instrument creating the interests, when the ownership of real property situated in this state is divided into one or more possessory interests and one or more future interests, the owner of an interest may petition the district court for the county in which any of the real property is situated for an order directing that the real property or part of the real property be sold, mortgaged, or leased. If an owner is a minor or incapacitated person as defined in section 524.5-102, subdivision 6 or 10, or otherwise under conservatorship, the petition may be made on behalf of the owner by a custodian, conservator, or guardian.

Collected 2026-09-02T22:10:48Z. Source file · JSON

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