Property Ownership
A Minnesota property is subject to a special assessment for new sidewalk installation. This assessment is:
AAdded to the property's value automatically
BA lien on the property payable to the local government✓ Correct
CVoluntary and can be refused by the property owner
DOnly applicable if the owner requested the sidewalk
Explanation
Special assessments for public improvements (sidewalks, sewers, street lighting) are mandatory liens on the benefited properties in Minnesota. Property owners do not need to agree to the assessment; the government imposes it.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Tenancy in CommonCo-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
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