Modern Common Interest Communities fall under this Chapter of Minnesota Statutes.
What is Chapter 515B?
Minnesota law recognizes that land owners have a reasonably convenient and suitable right to do this with adjoining public roads.
What is access?
Usually secured by a second mortgage, this is a HELOC.
What is Home Equity Line of Credit
These are two of the 5 salaried Examiners of Title, serving Anoka, Hennepin, Ramsey, Saint Louis and Washington Counties.
Who are Dulcie Brand, Alison Schubring, Wayne Anderson, Tom Reed, and Joe Taylor?
A city may not use Eminent Domain Proceedings to acquire an easement for sidewalk or traffic signal purposes over land owned by this type of non-governmental entity.
What is a Church/religious entity?
These are the three types of Common Interest Communities.
What are Condominiums, Planned Communities, and Co-operatives?
Whether done by a City Council or Court, this determination that terminating a road is in the public interest is the most common method for eliminating a public street.
What is vacation?
This public funding device is used by developers to provide funding by borrowing against future tax increases and is abbreviated TIF.
What is Tax Increment Financing?
Torrens law is located primarily in this chapter of Minnesota Statutes.
What is Chapter 508?
The priority date for this type of encumbrance relates back to the first visible sign of improvement on the subject property.
What is a mechanic's lien?
The common elements in this type of CIC are owned by the association.
What is a Planned Community?
In the Matter of Moratzka, the Minnesota Supreme Court recently clarified that the Marketable Title Act does not apply to public roads created by this method.
What is Dedication by plat?
In divorces, this document, sometimes pronounced Shredge, should be recorded rather than the judgment and decree to convey real property, and is a SREDJ.
What is a Summary Real Estate Disposition Judgment?
This is the office who record documents in the Torrens system.
Who is the Registrar of Titles?
This means of probate avoidance must be recorded prior to the grantor owner's death?
What is a transfer on death deed?
A CIC's Declaration may provide for adding property to the CIC. This is done by recording this document.
What is a Supplemental Declaration?
Outside of urban areas, this is the minimum width for most public roads in Minnesota.
What is 4 rods or 66 feet or 1 chain?
For Torrens Common Interest Communities, the declaration and other documents are usually memorialized on this, formerly called a CECT but now a CICCT.
What is a Common Interest Community Certificate of Title?
One of the standard exceptions on a certificate of title, these are intended to insure that suppliers of improvements to property are paid.
What are Mechanic's Liens (during the 120 days after completion of the improvement)?
The owner of landlocked property may petition to establish this type of access easement over adjoining property.
What is a cartway?
Section 515B.2-118 provides this is the minimum percent of votes needed to amend the declaration of a CIC, without a court order.
What is 67%?
The minimum number of years to create a public road simply because it is open, maintained by a road authority, and in use.
What is 6 (years)?
The sponsor for today's event. I have never seen it abbreviated as the RPS of the MSBA, HCBA, and RCBA.
What is the Real Property Section of the Minnesota State Bar Association, Hennepin County Bar Association, and Ramsey County Bar Association?
A significant portion of Torrens requirements, including the requirement that a Condominium be all abstract or all Torrens, are hidden here.
Minnesota Court Rules - General Rules of Practice - Title III - Rules 201 to 222.
Because all real estate is unique, this equitable theory is available for the enforcement of a purchase agreement.
What is Specific Performance?