Minnesota § 558.16 PROCEEDS, HOW APPLIED

Minnesota Statutes

§ 558.16 — PROCEEDS, HOW APPLIED

Minnesota § 558.16

PartDECLARATORY, CORRECTIVE AND ADMINISTRATIVE REMEDIES

Ch. 558PARTITION OF REAL PROPERTY

This text of Minnesota § 558.16 (PROCEEDS, HOW APPLIED) 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. § 558.16 (2026).

Text

The proceeds of the sale of the property shall be applied under the direction of the court as follows:

(1)to pay its just proportion of the general costs of the action;

(2)to pay the costs of the reference;

(3)to satisfy and cancel of record the several liens, if any, in their order of priority, by payment of the sums due and to become due; the amount remaining due to be verified by affidavit at the time of payment;

(4)the residue among the owners of the property sold, according to their respective shares.

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The proceeds of the sale of the property shall be applied under the direction of the court as follows:
(1) to pay its just proportion of the general costs of the action;
(2) to pay the costs of the reference;
(3) to satisfy and cancel of record the several liens, if any, in their order of priority, by payment of the sums due and to become due; the amount remaining due to be verified by affidavit at the time of payment;
(4) the residue among the owners of the property sold, according to their respective shares.