Minn. Stat. » CHAPTER 514. LIENS AGAINST PROPERTY
Minnesota Statutes

Minn. Stat. § 514.135 (2026)

Computation Of Interest On Claims

✓ current as of May 2026
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Except as otherwise provided by contract, interest awarded on mechanics' lien claims shall be calculated at the legal rate, as provided in section 334.01, from the time the underlying obligation arises until the expiration of 30 days after the claimant's last item of labor, skill, or materials was furnished to the improvement and shall be calculated thereafter at the rate computed for verdicts and judgments, as provided in section 549.09.

Notes of Decisions
Cited in 5 cases, 1990–2019 · leading case: Nw. Wholesale Lumber, Inc. v. Citadel Co., 457 N.W.2d 244 (Minn. Ct. App. 1990).
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Nw. Wholesale Lumber, Inc. v. Citadel Co., 457 N.W.2d 244 (Minn. Ct. App. 1990). · cites it 4× “Minn.Stat. § 514.135 states that, unless provided by contract, the legal rate of interest specified in sections 334.”
Gaughan v. Gaughan, 450 N.W.2d 338 (Minn. Ct. App. 1990). · cites it 2× “See Minn.Stat. § 514.135 (1988). The legislature did not enact a similar provision in the attorneys’ lien statute.”
Lyman Lumber Co. v. Cornerstone Constr., Inc., 487 N.W.2d 251 (Minn. Ct. App. 1992). · cites it 6× “01 [6%], from the time the underlying obligation arises until the expiration of 30 days after the claimant’s last item of labor, skill, or materials was furnished to the improvement and shall be calculated thereafter at the rate computed for verdicts and judgments, as provided…”
John David Contracting, Inc. v. Brozek, 535 N.W.2d 397 (Minn. Ct. App. 1995). · cites it 2× “Minn.Stat. § 514.135 (1992) provides, however: Except as otherwise provided by contract, interest awardéd on mechanics’ lien claims shah be calculated at the legal rate, as provided in section 334.”
In Re: RFC & RESCAP Liquidating Trust Litig. (D. Minnesota 2019). “§ 514.135 (1988), under which prejudgment interest was expressly available).”
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