All mortgages of real property recorded prior to the passage of sections 287.01 to 287.12 are taxable under the provisions of law existing prior to the enactment of sections 287.01 to 287.12; provided, that the holder of any such mortgage may pay to the treasurer of the proper county the tax based upon the amount of the debt secured by the mortgage at the time of the payment as stated by the affidavit of the owner of the mortgage. The affidavit may be filed with the county treasurer, in which case the treasurer's receipt must be endorsed on it. The county recorder or registrar of titles, on presentation of the receipt, shall make a record of the date and amount of the payment. Thereafter the mortgage lien shall not be otherwise taxable.
(2329) 1907 c 328 s 8; 1913 c 163 s 3; 1965 c 51 s 56; 1976 c 181 s 2; 1999 c 31 s 8
Structure Minnesota Statutes
Chapters 272 - 289 — Property Taxes
Chapter 287 — Mortgage Registry Tax; Deed Tax
Section 287.01 — Definitions; Mortgage Registry Tax.
Section 287.03 — Instruments Valid Security For Debt.
Section 287.035 — Imposition Of Tax.
Section 287.05 — Determination Of Tax In Special Situations.
Section 287.08 — Tax, How Payable; Receipts.
Section 287.10 — Prepayment Of Tax; Evidence; Notice.
Section 287.11 — Mortgages Recorded Or Registered Prior To Passage Of Sections 287.01 To 287.12.
Section 287.12 — Taxes, How Apportioned.
Section 287.13 — Violations; Civil Penalties.
Section 287.21 — Imposition Of Tax; Determination Of Tax.
Section 287.2205 — Tax-forfeited Land.
Section 287.221 — New Residential Construction.
Section 287.222 — Transfer To Obtain Financing.
Section 287.223 — Hennepin And Ramsey Counties.
Section 287.23 — Real Property Outside County Or State.
Section 287.24 — Persons Liable.
Section 287.241 — Statement Of Tax Due Or Exemption; Recording Or Registering Of Documents.
Section 287.25 — Payment Of Tax.
Section 287.28 — Refunds Or Redemption.
Section 287.29 — Payment Of Receipts To State General Fund; Reports.
Section 287.30 — County Treasurer; Duties.
Section 287.31 — Violations; Civil Penalties.
Section 287.325 — Violations; Criminal Penalties.
Section 287.33 — Expenses Of Administration.
Section 287.37 — Commissioner's Powers; Data Classification.