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2006 Minnesota Statutes

This is a historical version of this statute section. Also view the most recent published version.

92.72 PAYMENT OF TAXES AND ASSESSMENTS.
    Subdivision 1. Cancellation of certificate of sale. If the state acquires an interest in real
property prior to the cancellation of a certificate of sale or upon completion of the cancellation
process by advertisement or court order, the state must make provision to pay all taxes, interests,
costs, penalties, and assessments. The commissioner of natural resources must request the
certificate of sale vendee to make a good faith attempt to pay the debt. If the commissioner
determines that the vendee is unwilling or unable to pay the debt, the commissioner may pay
the debt and seek redress against the vendee.
    Subd. 2. Voluntary and involuntary reversions. (a) If a grantee on a certificate of sale
or state deed desires the state to exercise its reversionary interest in real property, the grantee
must pay all real estate taxes, costs, interest, penalties, and assessments on the property prior to
reversion.
(b) If a grantee on a certificate of sale or state deed breaches the contractual terms of the
certificate or deed, the commissioner of natural resources must request the grantee to make a good
faith attempt to pay all real estate taxes, costs, interest, penalties, and assessments on the property
prior to reversion. If the commissioner determines that the grantee is unwilling or unable to pay
the debt, the commissioner may pay the debt and seek redress against the grantee.
History: 1997 c 216 s 74

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