Chapter 325N — Rescission of Solicitor Contract
Minnesota Statutes Chapter 325N — Rescission of Solicitor Contract
325N.01
Definitions
This section defines key terms used in the foreclosure rescue law. It explains what a 'solicitor,' 'owner,' 'equity …
325N.02
Rescission of Solicitor Contract
This section requires foreclosure solicitors to give homeowners a written notice explaining their rights before entering …
325N.03
Contract
This section gives homeowners the right to cancel a foreclosure rescue agreement. You have a specific period to change …
325N.04
Violations
This section lists prohibited practices for foreclosure solicitors. They cannot charge certain fees, take your property …
325N.05
Waiver Not Allowed
This section covers foreclosure reconveyances, which is when a homeowner sells their home to an 'equity purchaser' with …
325N.06
Remedies
This section sets additional requirements for equity purchasers in foreclosure reconveyance transactions. These buyers …
325N.07
Penalty
This section describes the remedies available to homeowners who are harmed by violations of this law. Homeowners can sue …
325N.08
Provisions Severable
This section addresses enforcement of this law by the state. The attorney general and other officials can take action …
325N.09
Liability
This section says this law cannot be waived. Any agreement that tries to give up the protections in this law is not …
325N.10
Definitions
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.11
Contract Requirement; Form and Language
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.12
Contract Terms
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.13
Contract Cancellation
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.14
Notice of Cancellation
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.15
Waiver
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.16
Liability
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.17
Prohibited Practices
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …
325N.18
Enforcement
This section addresses additional protections for homeowners facing foreclosure. It covers specific rules about …