Minnesota § 558A.12 REPORT OF OPEN-MARKET SALE

Minnesota Statutes

§ 558A.12 — REPORT OF OPEN-MARKET SALE

Minnesota § 558A.12

PartDECLARATORY, CORRECTIVE AND ADMINISTRATIVE REMEDIES

Ch. 558AMINNESOTA PARTITION ACT

This text of Minnesota § 558A.12 (REPORT OF OPEN-MARKET SALE) 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. § 558A.12 (2026).

Text

The referee or referees shall file a report with the court containing the following information:

(1)a description of the property to be sold to each buyer;

(2)the name of each buyer;

(3)the proposed purchase price;

(4)the terms and conditions of the proposed sale, including the terms of any owner financing;

(5)the amounts to be paid to lienholders;

(6)a statement of contractual or other arrangements or conditions of the broker's commission; and

(7)other material facts relevant to the sale.

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The referee or referees shall file a report with the court containing the following information:
(1) a description of the property to be sold to each buyer;
(2) the name of each buyer;
(3) the proposed purchase price;
(4) the terms and conditions of the proposed sale, including the terms of any owner financing;
(5) the amounts to be paid to lienholders;
(6) a statement of contractual or other arrangements or conditions of the broker's commission; and
(7) other material facts relevant to the sale.