Minnesota · Minn. Stat. §507.41Minnesota mortgage satisfaction: 10 days after a request
In Minnesota, when the conditions of a mortgage have been fully performed, a mortgagee – or its personal representative or assignee – that fails to discharge the mortgage within ten days after being requested to and after tender of its reasonable charges is liable to the mortgagor, heirs or assigns for all actual damages caused, and the claim can be asserted in an action to discharge the mortgage. If the mortgagee isn't a Minnesota resident, that action may be brought once 60 days have passed after the conditions were performed, without the request or tender (Minn. Stat. §507.41).
The rules
1. 10 days (§507.41)
After a request and tender of reasonable charges.
2. Liability
All actual damages caused.
3. Remedy
Claimed in an action to discharge the mortgage.
4. Nonresident mortgagee
Action after 60 days, without request or tender.
What the TC can do
- Note the payoff date – the statutory clock runs from it or from the written request.
- Calendar a check of the county records for the recorded release.
- If it's missing, send the written request in the form the statute requires and keep proof of delivery.
Questions about Minnesota mortgage releases
How long does a Minnesota lender have to discharge a paid mortgage?
Ten days after a request and tender of its reasonable charges (Minn. Stat. §507.41).
What does a Minnesota lender owe for not discharging?
All actual damages caused, claimable in an action to discharge the mortgage.
Related guides
ClosingCode adds a post-closing task to confirm the seller's paid-off mortgage release was recorded, with an owner and a due date.
Start free trialSource: Minnesota Statutes §507.41 (revisor.mn.gov, read October 26, 2026).
General information, not legal advice. Penalties are enforced in court; ask a local attorney before demanding one. ClosingCode is software; it is not a law firm. This guide is not a substitute for the advice or services of an attorney.