HF1792 (Legislative Session 94 (2025-2026))

Contracts for deed; definition of investor seller modified, and technical changes made.

Related bill: SF505

AI Generated Summary

This bill, H.F. No. 1792, introduced in the Minnesota House of Representatives by Mahamoud and Dotseth, seeks to amend multiple sections of Minnesota Statutes 2024 related to contracts for deed. The key provisions involve:

  1. Modifying the Definition of Investor Seller – Changes are made to the legal definition of an "investor seller" involved in contracts for deed.
  2. Technical Changes – Adjustments and clarifications are made to improve consistency and applicability across various statutes.
  3. Amendments to Various Statutes – The bill updates sections including 272.12 (conveyances and taxes before recording), 559.21 (cancellation of contracts for deed), and 559A (contracts for deed regulation), among others.

Key Procedural Changes: - Strengthens requirements for property title transfers by ensuring delinquent taxes are cleared before recording. - Maintains restrictions on recording deeds or instruments without proper certification from the county auditor. - Allows certain documents such as probate distributions, decrees, and utility easements to be recorded without an auditor’s certificate under specific conditions. - Defines violations of these regulations as a gross misdemeanor, holding county recorders and registrars liable for improper recordings.

This bill primarily affects real estate transactions, especially contracts for deed, investor regulations, and the procedures surrounding the transfer and documentation of property ownership in Minnesota.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
April 07, 2025SenateFloorActionReceived from House
April 07, 2025SenateFloorActionReceived from House
April 07, 2025SenateFloorActionIntroduction and first reading
April 07, 2025SenateFloorActionIntroduction and first reading
April 07, 2025SenateFloorActionReferred toRules and Administration
April 07, 2025SenateFloorActionReferred toRules and Administration
April 09, 2025SenateFloorActionComm report: Subst. for SF on General Orders
April 09, 2025SenateFloorActionComm report: Subst. for SF on General Orders
April 09, 2025SenateFloorActionSecond reading
April 09, 2025SenateFloorActionSecond reading
April 22, 2025SenateFloorActionSpecial Order
April 22, 2025SenateFloorActionSpecial Order
April 22, 2025SenateFloorActionThird reading Passed
April 22, 2025SenateFloorActionThird reading Passed
SenateNoteActionPresentment date
SenateNoteActionPresentment date
SenateNoteActionGovernor's action Approval
SenateNoteActionGovernor's action Approval
HouseNoteActionGovernor approval
SenateNoteActionSecretary of State
SenateNoteActionSecretary of State
SenateNoteActionEffective date
SenateNoteActionEffective date
HouseNoteActionChapter number

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill discusses instruments related to land conveyance, including surveys required under section 508.47.",
      "modified": []
    },
    "citation": "508.47"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill refers to certification requirements for land conveyance instruments as governed by section 272.121.",
      "modified": []
    },
    "citation": "272.121"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references termination of contracts for deed as described in section 559.213.",
      "modified": []
    },
    "citation": "559.213"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill includes mention of transfer on death deeds under section 507.071 in context to land conveyance recording.",
      "modified": []
    },
    "citation": "507.071"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill allows for the recording of certain documents without an auditor's certificate, as provided in section 515B.1-116(e).",
      "modified": []
    },
    "citation": "515B.1-116(e)"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill discusses procedures involving real estate forfeited to the state under sections 281.16 to 281.25.",
      "modified": []
    },
    "citation": "281.16 to 281.25"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill defines delinquent taxes as those under section 279.02.",
      "modified": []
    },
    "citation": "279.02"
  }
]