2025 Session Last amended: 2021 session

§ 325N.06 — Remedies

Plain-Language Summary

This section sets additional requirements for equity purchasers in foreclosure reconveyance transactions. These buyers must follow strict rules to protect the homeowner.

Practical Notes
Equity purchasers must give you specific disclosures and follow fair dealing requirements. The law is designed to prevent them from taking advantage of homeowners in financial distress.