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Clarity provided on foreclosure sale notification

By law, an official public notice regarding mortgage foreclosure sales needs to be published in a newspaper of record.

But the law, as currently written, is ambiguous as to where the newspaper needs to be located, according to Rep. Tim O'Driscoll (R-Sartell), who sponsors HF953/SF1147* with Sen. Ron Latz (DFL-St. Louis Park).

The bill, passed by the House 127-0 Thursday, would bring some clarity by specifying that if a qualifying newspaper is not located in the county where the foreclosure sale is to be held, one in an adjacent county would meet the requirements. Passed by the Senate 57-0 on April 14, the measure awaits action by the governor.

“We had similar provisions back in the territorial days and that changed, and we want to go back to the good old days of the way we used to do it with the county newspaper,” O’Driscoll previously told the House Commerce and Regulatory Reform Committee. 


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