HF1792

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:

Modifying the Definition of Investor Seller – Changes are made to the legal definition of an "investor seller" involved in contracts for deed.
Technical Changes – Adjustments and clarifications are made to improve consistency and applicability across various statutes.
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

Introduction PDF file
1st Engrossment PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
March 02, 2025	House	Floor	Action	Introduction and first reading, referred to	Judiciary Finance and Civil Law
April 06, 2025	Senate	Floor	Action	Received from House
April 06, 2025	Senate	Floor	Action	Introduction and first reading
March 25, 2025	House	Floor	Action	Author added
March 26, 2025	House	Floor	Action	Committee report, to adopt as amended
April 06, 2025	Senate	Floor	Action	Referred to	Rules and Administration
March 26, 2025	House	Floor	Action	Second reading
March 31, 2025	House	Floor	Action	House rule 1.21, placed on Calendar for the Day
April 02, 2025	House	Floor	Action	Third reading
April 02, 2025	House	Floor	Action	Third reading
April 02, 2025	House	Floor	Action	Bill was passed
April 02, 2025	House	Floor	Action	Bill was passed

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"
  }
]