Minnesota Statutes
§ 581.05 — PURCHASE BY MORTGAGEE
Minnesota § 581.05
JurisdictionMinnesota
PartPOSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS
Ch. 581MORTGAGES; FORECLOSURE BY ACTION
This text of Minnesota § 581.05 (PURCHASE BY MORTGAGEE) 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. § 581.05 (2026).
Text
The mortgagee, or any one claiming under the mortgagee, may fairly and in good faith bid off the premises at such sale; and in such case the statement of such fact in the report of sale shall have the same effect as a receipt for money paid upon a sale for cash.
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Legislative History
(9638)RL s 4490; 1986 c 444
Nearby Sections
12
§ 581.01
RULES GOVERNING§ 581.02
APPLICATION, CERTAIN SECTIONS§ 581.03
JUDGMENT, TRANSCRIPT§ 581.04
SEPARATE TRACTS§ 581.05
PURCHASE BY MORTGAGEE§ 581.06
SURPLUS§ 581.09
SATISFACTION OF JUDGMENT§ 581.11
DELIVERY OF POSSESSION§ 581.12
STRICT FORECLOSURECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 581.05, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/581.05.