Minnesota § 47.209 - MANUFACTURED HOME FINANCING; PROPERTY TAX COLLECTION REQUIREMENT
Full text of Minnesota Minnesota Statutes § 47.209 — MANUFACTURED HOME FINANCING; PROPERTY TAX COLLECTION REQUIREMENT, with citation guidance and answers to common questions.
§ 47.209. MANUFACTURED HOME FINANCING; PROPERTY TAX COLLECTION REQUIREMENT
Subdivision 1.Applicability.
This section applies to any agreement entered into after December 31, 1992, for the financing or refinancing of a purchase of a manufactured home. As used in this section and section 277.17, "lender" includes a state bank and trust company, national banking association, state or federally chartered savings association, mortgage bank, savings bank, insurance company, credit union, or a dealer as defined in section 327B.01, subdivision 7, that enters into an agreement for financing or refinancing a purchase of a manufactured home.
Subd. 2.Condition of financing agreement.
Each agreement must contain a statement that it is a condition of the agreement that the borrower must agree to pay all taxes on the manufactured home when due.
Subd. 3.Collection of delinquent taxes.
Within 30 days of receipt of a notice of delinquency from a county under section 277.17, the lender must notify the mortgagor that the tax must be paid in full no later than 60 days from the date of issuance of the notice. The notice must inform the mortgagor that if the tax is not paid by that date, the lender may pay the delinquent tax, together with any penalty and interest then due, in full to the county. The notice may inform the mortgagor of the lender's option to begin foreclosure proceedings. The county may only request payment and collection of taxes that have been delinquent for no longer than one year under this section. The county must notify the lender if the owner of the manufactured home pays the delinquent taxes at any time during the 60 days after the notice has been issued.
History:
1991 c 291 art 15 s 1; 1992 c 511 art 2 s 1; 1995 c 171 s 14
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 47.209
What does Minnesota Statutes § 47.209 cover?
Section 47.209 ("MANUFACTURED HOME FINANCING; PROPERTY TAX COLLECTION REQUIREMENT") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 47.209?
A common citation format is "Minnesota Statutes § 47.209" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 47.209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.