1998 Minnesota Code
Chapters 500 - 515B Property Interests and Liens
Chapter 508 Registration, Torrens
Section 508.405 Transfer of owner's duplicate.
508.405 Transfer of owner's duplicate.
Subdivision 1. Transfer. Any lender, title company, or person other than the fee simple owner or county registrar holding an owner's duplicate certificate of title to Minnesota real estate shall transfer the owner's duplicate certificate of title to the fee simple owner of the real estate to which the duplicate certificate pertains before August 1, 1987. After August 1, 1987, no person other than the fee simple owner or county registrar may hold an owner's duplicate certificate of title except for settlement processing.
Subd. 2. Penalties. If any holder fails to comply with the requirements of subdivision 1, the registered owner may apply to the district court for an order directing the holder withholding the duplicate certificate of title to surrender it at the expense of the holder.
HIST: 1987 c 336 s 44
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