Minnesota Statutes 282.303 – Assignment of Installment Contract
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If the record owner at the time of the expiration of redemption assigns an installment contract used to repurchase, and the assignment was registered or recorded, the state deed must name the assignee as the grantee.
Terms Used In Minnesota Statutes 282.303
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44