Minnesota § 290C.055 LENGTH OF COVENANT

Minnesota Statutes

§ 290C.055 — LENGTH OF COVENANT

Minnesota § 290C.055

PartVARIOUS STATE TAXES AND PROGRAMS

Ch. 290CSUSTAINABLE FOREST RESOURCE MANAGEMENT INCENTIVE

This text of Minnesota § 290C.055 (LENGTH OF COVENANT) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 290C.055 (2026).

Text

(a)Claimants enrolling any land that is subject to a conservation easement funded under section97A.056or a comparable permanent easement conveyed to a governmental or nonprofit entity must enroll their land under a covenant with a minimum duration of eight years. All other claimants may choose to enroll their land under a covenant with a minimum duration of eight, 20, or 50 years. If the claimant requests removal of land from the program before it has been enrolled for one-half the number of years of the covenant's duration, the covenant remains in effect for the entire duration of the covenant from the date recorded.

(b)If land that has been enrolled for one-half the number of years of the covenant's minimum duration or more is removed from the program for any reason, there is a waiting

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(a) Claimants enrolling any land that is subject to a conservation easement funded under section97A.056or a comparable permanent easement conveyed to a governmental or nonprofit entity must enroll their land under a covenant with a minimum duration of eight years. All other claimants may choose to enroll their land under a covenant with a minimum duration of eight, 20, or 50 years. If the claimant requests removal of land from the program before it has been enrolled for one-half the number of years of the covenant's duration, the covenant remains in effect for the entire duration of the covenant from the date recorded.
(b) If land that has been enrolled for one-half the number of years of the covenant's minimum duration or more is removed from the program for any reason, there is a waiting period before the covenant terminates. The covenant terminates on January 1 of the fifth, 11th, or 26th calendar year for the eight-, 20-, or 50-year minimum covenant, respectively, that begins after the date that:
(1) the commissioner receives notification from the claimant that the claimant wishes to remove the land from the program under section290C.10; or
(2) the date that the land is removed from the program under section290C.11.
(c) Notwithstanding the other provisions of this section, the covenant is terminated:
(1) at the same time that the land is removed from the program due to acquisition of title or possession for a public purpose under section290C.10; or
(2) at the request of the claimant (i) if there is a reduction in payments due to changes in the payment formula under section290C.07; or (ii) if, as a result of executive action, the amount of payment a claimant is eligible to receive under section290C.07is reduced or limited.