Ace the Minnesota Real Estate Exam 2025 – Unleash Your Property Powerhouse!

Question: 1 / 400

When does the statute of limitations on subdivided land commence?

When the lot is leased

When the parcel is recorded with the recording authority

The statute of limitations on subdivided land commences when the parcel is recorded with the recording authority. This is significant because the act of recording is an official acknowledgment that establishes a legal record of the property’s existence and details in public archives. Once the parcel is recorded, it provides public notice of the subdivision and its associated rights, which is crucial for legal purposes. This recorded date then serves as the starting point for any applicable time limits for legal action or claims concerning that land. By establishing this timeline with the recording authority, owners and potential buyers can determine their rights and responsibilities related to the subdivided land. Thus, recording is a key event that triggers various legal implications regarding property ownership and transactions.

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When the property is sold

When the property is surveyed

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