Minnesota Statutes 508.56 – Assignment and Discharge of Mortgage
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When a mortgage is assigned, extended, or otherwise dealt with, a memorial of the instrument shall be made upon the certificate of title. In case only a part of the mortgage upon the land is intended to be released or discharged a memorial of such partial release shall be entered.
Terms Used In Minnesota Statutes 508.56
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.