State Summary

• Tax Collection Method: Deeds
• Tax Collection Entity: Treasurer
• Property/Tax Records Administrator: Assessor
• Taxes Due: Tax payments are paid in two equal installments with due dates of May 15 and October 15
• Taxes Delinquent: Tax payments become delinquent one day after the due dates
• Tax Sale Date/Period: Varies
• Tax Sale Registration Requirements: No extensive requirements
• Tax Sale Administrator: Auditor or Land Department
• Primary Bidding Type: Premium. Most Minnesota allowed sealed bids to be sent in prior to the auction, but these sealed bids will "compete" against live bidding done at the public auction
• Redemption Period: None
• Redemption Interest Rate/Flat Penalty: Not applicable
• Over-the-Counter Sales Opportunities: Yes. In most Minnesota counties, the County Auditor or Taxpayer Services Department will provide information on "forfeited lands" to investors

Minnesota is a tax deed state. In most counties, the County Auditor works along with the County Land Department to conduct tax-forfeited land sales. Most counties do not have regularly scheduled sales and sales are only held on an as-needed basis. Some counties require full payment for the deed amount on the day of the sale. Other counties offer various financing programs. In a typical county offering a financing option, at least 10% of the tax deed amount is due on the day of the sale, and the remaining balance is to be paid off in equal annual installments

Minnesota County Reference