Minnesota HF4798 modifies the tax collection requirement for certain undivided interests in real property.
Minnesota HF4798 amends the tax collection process for certain undivided interests in real property. It allows individuals holding undivided interests, including mortgagees and lessees, to pay taxes on these interests. The county treasurer can issue a receipt for the amount paid and specify the interest paid. The bill also modifies the tax collection enforcement for unpaid taxes on undivided interests. This change takes effect the day following final enactment.
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