At the time of the first conveyance of each apartment, every mortgage and other lien affecting such apartment, including the percentage of undivided interest of the apartment in the common areas and facilities, shall be paid and satisfied of record, or the apartment being conveyed and its percentage of undivided interest in the common areas and facilities shall be released therefrom by partial release duly recorded.
1963 c 457 s 14
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 515 — Minnesota Condominium Act
Section 515.04 — Status Of The Apartments.
Section 515.05 — Ownership Of Apartments.
Section 515.06 — Common Areas And Facilities.
Section 515.07 — Compliance With Covenants, Bylaws, And Rules.
Section 515.08 — Certain Work Prohibited.
Section 515.09 — Liens Against Apartments; Removal; Part Payment.
Section 515.10 — Common Profits And Expenses.
Section 515.11 — Contents Of Declaration.
Section 515.12 — Contents Of Deeds Of Apartments.
Section 515.13 — Copy Of The Floor Plans To Be Filed.
Section 515.14 — Blanket Mortgage Lien On Apartment When First Conveyed.
Section 515.16 — Removal From Provisions Of Sections 515.01 To 515.29.
Section 515.17 — Removal No Bar To Subsequent Resubmission.
Section 515.175 — Incorporation Of Association.
Section 515.19 — Contents Of Bylaws; Annual Meeting, Report.
Section 515.195 — When First Officers' Terms End; Contract Restrictions.
Section 515.20 — Record Of Receipts And Expenses Available To Owners.
Section 515.21 — Owner Abandonment, Waiver Of Use, Does Not Avert Liability.
Section 515.215 — Disclosure Requirements To Apartment Purchasers.
Section 515.22 — Separate Taxation.
Section 515.23 — Priority Of Lien.
Section 515.24 — Joint, Several Liability Of Buyer, Seller; Common Expense.
Section 515.26 — Disposition Of Property Where It Is Damaged By Fire Or Other Disaster.