The word "purchaser," as used in this chapter, embraces every person to whom any estate or interest in real estate is conveyed for a valuable consideration and every assignee of a mortgage, lease, or other conditional estate. The word "conveyance," as so used, includes every instrument in writing whereby any interest in real estate is created, aliened, mortgaged, or assigned or by which the title thereto may be affected in law or in equity, except wills, leases for a term not exceeding three years, and powers of attorney.
Notes of Decisions
Wells Fargo Home Mortg., Inc. v. Chojnacki, 668 N.W.2d 1 (Minn. Ct. App. 2003).
· cites it 2× “See Minn.Stat. § 507.01 (2002). Wells Fargo contends that its mortgage is a purchase-money mortgage, and therefore exempt from the spousal-signature requirement, because the proceeds of the Wells Fargo loan were used to satisfy the Greentree loan, which respondent and Chojnacki…”
Marine Credit Union v. Detlefson-Delano, 830 N.W.2d 859 (Minn. 2013).
· cites it 2× “The principal dispute in this case is over what effect, if any, Antonio’s quitclaim deed to Detlefson-Delano has on the statutory requirement that he sign any conveyance of the homestead in order for the conveyance to be valid.”
Nat'l City Bank v. Engler, 777 N.W.2d 762 (Minn. Ct. App. 2010).
· cites it 2× “Minn.Stat. § 507.01 (2008). If a conveyance of a homestead is made without the signature of both spouses, the transaction is “not merely voidable but is void and the buyer acquires no rights whatsoever.”
Gores v. Schultz, 777 N.W.2d 522 (Minn. Ct. App. 2009).
· cites it 2× “mortgaged-” Minn.Stat. § 507.01 (2008). Cody Schultz did not sign the Goreses’ mortgage; instead, her husband signed her name.”
Washington Mut. Bank, F.A. v. Elfelt, 756 N.W.2d 501 (Minn. Ct. App. 2008).
· cites it 2× “See Minn.Stat. § 507.01 (2006) (defining purchaser as "eveiy person to whom any estate or interest in real estate is conveyed for a valuable consideration and every assignee of a mortgage, lease, or other conditional estate.”
Joel Karnitz v. Wells Fargo Bank, N.A., 572 F.3d 572 (8th Cir. 2009).
· cites it 2× “See Minn. Stat. § 507.01 . A conveyance that fails to meet these statutory requirements is void and cannot be ratified.”
Mavco, Inc. v. Eggink, 739 N.W.2d 148 (Minn. 2007).
“Minnesota Statutes § 507.01 (2006) defines a purchaser broadly to denote “[any] person to whom any estate or interest in real estate is conveyed * * ⅝.”
Staples v. Miller, 319 N.W.2d 57 (Minn. 1982).
· cites it 2× “Was the agreement between Robert and Howard Staples, dated December 16, 1958, a valid conveyance of real estate? Under Minnesota law, “[t]he word ‘conveyance’ * * * includes every instrument in writing whereby any interest in real estate is created, aliened, mortgaged, or…”
Larson v. Wells Fargo Bank N.A., 799 F. Supp. 2d 961 (D. Minn. 2011).
· cites it 2× “” Minn.Stat. § 507.01. A person’s “homestead” is “the house owned and occupied by a debtor as the debtor’s dwelling place.”
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