Subdivision 1. Trust deeds. If a deed or other instrument is filed with the registrar for the purpose of transferring land registered under sections 508A.01 to 508A.85 in trust, or upon any equitable condition or limitation expressed in it, or for the purpose of creating or declaring a trust or other equitable interest in it without the transfer of it, the particulars of the trust, condition, limitation, or other equitable interest need not be entered upon the CPT, but a memorial of it may be entered by the words "in trust" or "upon condition," or other apt words, and by reference by number to the instrument authorizing or creating the same.
Subd. 2. New trustee. When a new trustee of land registered under sections 508A.01 to 508A.85 is appointed, a new CPT shall be entered in the new trustee's name upon presentation to the registrar of a certified copy of the decree or other instrument appointing the new trustee.
Subd. 3. Voluntary dissolution. Where a corporate owner did adopt a resolution for voluntary dissolution pursuant to chapter 301, the registrar of titles shall enter a new CPT in the name of the trustee in dissolution upon the presentation of a certified copy of the certificate setting forth the adoption of the resolution together with the certificate of the secretary of state that the certificate of dissolution has been filed for record in the secretary's office.
Subd. 4. Filings on same day. When an instrument showing the appointment or dissolution and a trustee's deed are filed for registration on the same day, a new CPT may be entered in the name of the grantee or grantees and the memorial of the instrument shall have the same force and effect as though a CPT had been entered in favor of the trustee. However, the fees for registration shall be the same as would be the case if a CPT were entered in the name of the trustee.
1982 c 396 s 54; 1985 c 16 s 8; 1986 c 444; 1999 c 11 art 1 s 59,60
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 508A — Registration Of Land Without Court Proceedings
Section 508A.01 — Registration; Purpose; Definition.
Section 508A.02 — Registered, Unregistered Land Subject To Same Incidents.
Section 508A.03 — Application.
Section 508A.04 — Titles Which May Be Registered.
Section 508A.05 — Applications; How Signed And Verified.
Section 508A.06 — Contents Of Application; Claimants' Rights, Privileges.
Section 508A.07 — Nonresident Applicant; Agent.
Section 508A.08 — Application; Land Included.
Section 508A.10 — Application To Examiner; Powers Of Examiner.
Section 508A.11 — Application Filed With Recorder; Abstract To Examiner; Fee.
Section 508A.12 — Examiner Of Titles; Deputies.
Section 508A.13 — Examiner's Reports.
Section 508A.14 — County Surveyor.
Section 508A.17 — Limitation On Actions.
Section 508A.21 — Cpt Application Withdrawal; Conversion To Full Registration.
Section 508A.22 — Examiner's Directive; Fees.
Section 508A.24 — Registration Runs With Land.
Section 508A.25 — Rights Of Person Holding Cpt.
Section 508A.30 — Registrar Of Titles.
Section 508A.31 — Registrar's Bond.
Section 508A.32 — Under Control Of Court; Affixing Seal.
Section 508A.321 — Appeal From Registrar's Decisions.
Section 508A.34 — Cpts; Entering And Binding.
Section 508A.349 — Official Signature Of Registrar Of Titles.
Section 508A.35 — Forms Of Cpt.
Section 508A.351 — Common Interest Community Certificate.
Section 508A.36 — Certificates And Copies As Evidence.
Section 508A.37 — Tract Indexes; Reception Books; Forms Of Records.
Section 508A.38 — Forms Of Records Adopted.
Section 508A.381 — Official Records; Compilation, Maintenance, And Storage Of Information.
Section 508A.39 — Notices After Registration; Service.
Section 508A.40 — Copy Of Cpt To Be Furnished To Owner.
Section 508A.421 — Exchange Cpt.
Section 508A.422 — Combined Certificate.
Section 508A.43 — Effective Date Of Cpt.
Section 508A.46 — Plats Of Registered Land.
Section 508A.47 — Registered Lands; Transfer, Surveys.
Section 508A.48 — Filed Instrument Affecting Title Is Notice.
Section 508A.49 — Interest Less Than Fee; Noticed By Memorial.
Section 508A.491 — Transfer Statement For Contract For Deed.
Section 508A.50 — Instruments To Have Name And Address.
Section 508A.51 — Voluntary Instrument.
Section 508A.52 — Conveyance; Cancellation Of Old And Issuance Of New Cpt.
Section 508A.53 — Transfer And Payment Of Taxes.
Section 508A.55 — Registration Of Mortgage; Memorial Entered On Cpt.
Section 508A.56 — Assignment And Discharge Of Mortgage.
Section 508A.57 — Foreclosure; Notice.
Section 508A.58 — Registration After Foreclosure; New Cpt.
Section 508A.59 — Registration Of Judgment Or Final Decree.
Section 508A.61 — Trust, Other Limited Deeds; New Trustee; Corporate Dissolution.
Section 508A.62 — Trustee's Conveyance.
Section 508A.63 — Registration Of Instruments Creating Liens; Judgments.
Section 508A.64 — Attachments; Liens.
Section 508A.65 — Plaintiff's Attorney; Name And Address Endorsed; Notice.
Section 508A.66 — Officer's Certificate For Registrar To Cancel; Lis Pendens.
Section 508A.67 — Acquiring Title By Action; New Cpt.
Section 508A.68 — Death Of Owner; Issuance Of New Cpts.
Section 508A.69 — Jurisdiction Of Court Not Impaired.
Section 508A.70 — Subsequent Adverse Claim, How Registered; Costs.
Section 508A.71 — Alterations; Court, Examiner's Order; New Certificate.
Section 508A.72 — Agency; Power To Be Registered.
Section 508A.73 — Eminent Domain; Reversion; Vacation.
Section 508A.76 — Registrar's Liability.
Section 508A.77 — Parties Defendant; Judgment; Execution.
Section 508A.78 — Liability Of Fund.
Section 508A.79 — Limitation Of Action.
Section 508A.80 — Fraudulent Instrument Or Entry; Penalty.
Section 508A.82 — Registrar Of Titles' Fees.
Section 508A.836 — Disposal Of Certain Affidavits.
Section 508A.84 — Instruments Of Encumbrance; Disposal.
Section 508A.85 — Changeover From Cpt To Certificate Of Title.