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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 581.05: PURCHASE BY MORTGAGEE.

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Where this section sits in the code
  1. POSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS
  2. CHAPTER 581. MORTGAGES; FORECLOSURE BY ACTION

The mortgagee, or any one claiming under the mortgagee, may fairly and in good faith bid off the premises at such sale; and in such case the statement of such fact in the report of sale shall have the same effect as a receipt for money paid upon a sale for cash.

Collected 2026-09-02T22:10:50Z. Source file · JSON

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