Minnesota Statutes > Chapter 525 > PROPERTY DISPOSITION
Current as of: 2023 | Check for updates
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Other versions
§ 525.37 | Foreclosure of Mortgages |
§ 525.38 | Realty Acquired |
§ 525.391 | Property Fraudulently Conveyed |
§ 525.392 | Property Converted |
§ 525.393 | Disposal by Coroner |
Terms Used In Minnesota Statutes > Chapter 525 > PROPERTY DISPOSITION
- Decedent: A deceased person.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
- Personal property: All property that is not real property.
- Probate: Proving a will
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.