Home About Us Contact Us Partner Program

HF3516 - Minnesota - Foreclosure information specification provided, report required, and electronic recording provisions provided.

Proposed date: Wednesday, February, 27th 2008
Latest Update: Thursday, May, 15th 2008

URTH ENGROSSMENT

Foreclosure information specification provided, report required, and electronic
recording provisions provided.

ARTICLE 1 -- FORECLOSURE DATA

Section 1: Transaction agent definition and language are provided.

Section 2: Foreclosure data language is provided.

Section 3: Study to develop statewide foreclosure data collection and reporting
system language is provided.
Subdivision 1. Study
Subdivision 2. Working group.
Subdivision 3. Report.
Subdivision 4. Expiration.

Section 4: Effective date is provided.

ARTICLE 2 -- ELECTRONIC RECORDING; COMMISSION

Section 1: Definitions are provided.

Section 2: Uniformity of application and construction language is provided.

Section 3: Validity and time of recording of electronic documents language is
provided.

Section 4: Recording of documents language is provided.

Section 5: Administration language is provided.

Section 6: Standards language is provided.

Section 7: Relation to electronic signatures in Global and National Commerce Act
language is provided.

Section 8: Donations; reimbursement language is provided.

Section 9: Title language is provided, "Minnesota Real Property Electronic
Recording Act."

Section 10: Effective date is July 1, 2008.

ARTICLE 3 -- CONFORMING CHANGES

Section 1: Rulemaking procedures language is modified.

Section 2: Electronic facsimile language is provided.

Section 3: Tax, how payable, receipts language is modified.

Section 4: Statement of tax due or exemption; recording or registering of
documents language is modified.
Subdivision 1. Statement of tax due or exemption.
Subdivision 2. Notice of certificate of value.

Section 5: Payment of tax; stamps language is modified.

Section 6: Reception index language is modified.

Section 7: Record books, indexes language is modified.

Section 8: Counties over 100,00 language modified.

Section 9: Consecutive numbering language is modified.

Section 10: County recorder's official signature language is modified.

Section 11: Standards for documents to be recorded or filed language is
modified.

Section 12: Original signatures required language is modified.

Section 13: Mortgages how discharged language is modified.

Section 14: Form of certificate language is modified.

SNA 4/23/08

Latest Actions

04/30/2008 - Secretary of State Ch. 238 04/25/05
04/21/2008 - H adopted HCC report and repassed bill
04/21/2008 - Conference committee report##
04/21/2008 - Senate adopted conference committee report, bill repassed
04/21/2008 - Conference committee report#
04/21/2008 - S adopted CC report and repassed bill
04/21/2008 - Third reading
04/17/2008 - Conference committee report
04/17/2008 - Third reading as amended by Conference
04/17/2008 - Bill was repassed as amended by Conference
04/17/2008 - House adopted conference committee report
04/14/2008 - Senate accedes, CC of 3 be appointed
04/14/2008 - Senate conferees Rest; Higgins; Gerlach
04/14/2008 - Senate accedes, conference committee of 3 be appointed
04/14/2008 - Senate conferees Rest, Higgins, Gerlach
04/14/2008 - House not concur, CC of 3 requested
04/14/2008 - Senate conferees Davnie; Lesch; Peterson, N.
04/10/2008 - Returned from Senate with amendment
04/10/2008 - House not concur, conference committee of 3 requested
04/10/2008 - House conferees Davnie; Lesch; Peterson, N.
04/07/2008 - Calendar: Third reading Passed
04/03/2008 - Comm rpt: Rule 45-amend, sub Calendar SF2914
04/02/2008 - Received from House
04/02/2008 - Introduction and first reading
04/02/2008 - Referred to Rules and Administration
04/01/2008 - Amended
04/01/2008 - Temporarily laid over
04/01/2008 - Third reading as amended
04/01/2008 - Bill was passed as amended
04/01/2008 - Author added Loeffler
03/31/2008 - House rule 1.21, placed on Calendar for the Day
03/25/2008 - Committee report, to pass as amended
03/25/2008 - Second reading
03/10/2008 - Committee report, to pass as amended and re-refer to Commerce and Labor
03/10/2008 - Motion to recall and re-refer, motion prevailed Governmental Operations, Reform, Technology and Elections
02/28/2008 - Introduction and first reading, referred to Public Safety and Civil Justice