Minnesota § 515.24 - JOINT, SEVERAL LIABILITY OF BUYER, SELLER; COMMON EXPENSE

Full text of Minnesota Minnesota Statutes § 515.24 — JOINT, SEVERAL LIABILITY OF BUYER, SELLER; COMMON EXPENSE, with citation guidance and answers to common questions.

§ 515.24. JOINT, SEVERAL LIABILITY OF BUYER, SELLER; COMMON EXPENSE

In a voluntary conveyance the grantee of an apartment shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for the grantor's share of the common expenses up to the time of the grant or conveyance, without prejudice to the grantee's right to recover from the grantor the amounts paid by the grantee therefor. However, any such grantee shall be entitled to a statement from the manager or board of directors, as the case may be, setting forth the amount of the unpaid assessments against the grantor and such grantee shall not be liable for, nor shall the apartment conveyed be subject to a lien for any unpaid assessments against the grantor in excess of the amount therein set forth.

History:

1963 c 457 s 24; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes

Source: official Minnesota text · Last verified 2026-08-27

Frequently Asked Questions About Minnesota § 515.24

What does Minnesota Statutes § 515.24 cover?

Section 515.24 ("JOINT, SEVERAL LIABILITY OF BUYER, SELLER; COMMON EXPENSE") 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 § 515.24?

A common citation format is "Minnesota Statutes § 515.24" (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 § 515.24 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.