{"id":2831,"date":"2025-02-20T11:59:10","date_gmt":"2025-02-20T11:59:10","guid":{"rendered":"https:\/\/www.soscip.org\/us\/?p=2831"},"modified":"2025-02-20T11:59:11","modified_gmt":"2025-02-20T11:59:11","slug":"minnesota-reaches-109m-settlement-over-property","status":"publish","type":"post","link":"https:\/\/www.soscip.org\/us\/minnesota-reaches-109m-settlement-over-property\/","title":{"rendered":"Minnesota Reaches $109M Settlement Over Property Tax Forfeiture \u2013 Are You Eligible?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Minnesota has agreed to a <strong><a href=\"https:\/\/www.soscip.org\/us\/minnesota-reaches-109m-settlement-over-property\/\">$109 million settlement<\/a><\/strong> to resolve claims that the state failed to compensate property owners for surplus value when their properties were forfeited due to unpaid property taxes. The settlement provides significant relief to individuals affected by property forfeitures over the past decade.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#who-benefits-from-the-settlement\">Who Benefits from the Settlement?<\/a><\/li><li><a href=\"#what-led-to-the-settlement\">What Led to the Settlement?<\/a><\/li><li><a href=\"#how-will-compensation-be-calculated\">How Will Compensation Be Calculated?<\/a><\/li><li><a href=\"#important-deadlines-how-to-file-a-claim\">Important Deadlines &amp; How to File a Claim<\/a><\/li><li><a href=\"#legal-representation-for-the-class\">Legal Representation for the Class<\/a><\/li><li><a href=\"#whats-next\">What\u2019s Next?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"who-benefits-from-the-settlement\"><strong>Who Benefits from the Settlement?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement covers property owners, lienholders, and individuals with a valid security interest in forfeited properties across Minnesota. Eligible properties include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Hennepin County:<\/strong> Properties forfeited between <strong>August 16, 2012 \u2013 December 31, 2023<\/strong><\/li>\n\n\n\n<li><strong>St. Louis County:<\/strong> Properties forfeited between <strong>June 2, 2016 \u2013 December 31, 2023<\/strong><\/li>\n\n\n\n<li><strong>All Other Minnesota Counties:<\/strong> Properties forfeited between <strong>June 23, 2016 \u2013 December 31, 2023<\/strong><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/ford-classaction-lawsuit-defective-batteries\/\" data-type=\"post\" data-id=\"2695\">Ford Faces Class Action Lawsuit Over Allegedly Defective Batteries in Bronco Sport and Maverick Models<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/cash-app-settlement-2025\/\" data-type=\"post\" data-id=\"1966\">Cash App Settlement 2025: Eligibility, Payout Per Person, and Everything You Need to Know<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/bcbs-settlement-payout-2025\/\" data-type=\"post\" data-id=\"2078\">BCBS Settlement Payout 2025: When and How You\u2019ll Get Your Payment<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/cold-virus-settlement-zicam-6-million-payout\/\" data-type=\"post\" data-id=\"2744\">Cold Virus Settlement: Zicam Agrees to $6 Million Payout Over False Advertising Claims<\/a><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-led-to-the-settlement\"><strong>What Led to the Settlement?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>class action lawsuit<\/strong> alleged that Minnesota violated property owners&#8217; rights by failing to return surplus value when properties were seized for unpaid taxes. This resulted in financial losses for many homeowners who lost valuable equity when their properties were forfeited.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While Minnesota has not admitted any wrongdoing, the state has agreed to the $109 million settlement to resolve these claims.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-will-compensation-be-calculated\"><strong>How Will Compensation Be Calculated?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Class members eligible for compensation will receive:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Up to 90% of the surplus value of the forfeited property<\/strong>, plus interest from the date of forfeiture.<\/li>\n\n\n\n<li><strong>Value assessment methods:<\/strong> Settlement amounts will be based on the property\u2019s sale price, the county assessor\u2019s estimated market value, or an independent appraisal.<\/li>\n\n\n\n<li><strong>Multiple claims on a property:<\/strong> If multiple claims are made on a single property, funds will be distributed based on Minnesota\u2019s legal priority order.<\/li>\n\n\n\n<li><strong>Severed Mineral Rights Holders:<\/strong> Owners of severed mineral rights will receive <strong>$300 per parcel<\/strong> plus interest.<\/li>\n\n\n\n<li><strong>Lienholders:<\/strong> Payments will be made up to the lien amount at the time of forfeiture, including interest.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Payments may be <strong>reduced on a pro-rata basis<\/strong> depending on the total number of claims filed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"important-deadlines-how-to-file-a-claim\"><strong>Important Deadlines &amp; How to File a Claim<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you believe you are eligible for compensation, here\u2019s what you need to know:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Claim Form Submission Deadline:<\/strong> <strong>June 6, 2025<\/strong><\/li>\n\n\n\n<li><strong>Final Approval Hearing:<\/strong> <strong>December 16, 2024<\/strong><\/li>\n\n\n\n<li><strong>Required Documentation:<\/strong> Proof of ownership, lien documents, property tax statements, assessment notices, mortgage records, trust documents, or other valid property-related documents.<\/li>\n\n\n\n<li><strong>Settlement Website &amp; Claims Submission:<\/strong> MNTaxForfeitureSettlement.com<\/li>\n\n\n\n<li><strong>Claims Administrator Contact:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Tyler v. Hennepin County<\/li>\n\n\n\n<li>c\/o Kroll Settlement Administration LLC<\/li>\n\n\n\n<li>P.O. Box 5324, New York, NY 10150-5324<\/li>\n\n\n\n<li><strong>Phone:<\/strong> 833-522-3374<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"legal-representation-for-the-class\"><strong>Legal Representation for the Class<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The class action lawsuit was led by the following law firms:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Guin Stokes &amp; Evans LLC<\/strong> \u2013 Charles R. Watkins, David Guin<\/li>\n\n\n\n<li><strong>Teske Law PLLC<\/strong> \u2013 Vildan A. Teske<\/li>\n\n\n\n<li><strong>Reinhardt Wendorf &amp; Blanchfield<\/strong> \u2013 Garrett Blanchfield, Roberta A. Yard<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"whats-next\"><strong>What\u2019s Next?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Minnesota property owners affected by tax forfeitures should review their eligibility and submit claims before the deadline. The settlement represents a significant step in ensuring fair compensation for individuals who lost valuable property equity due to the state&#8217;s forfeiture policies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you believe you qualify, act now to secure your rightful compensation under this historic agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minnesota has agreed to a $109 million settlement to resolve claims that the state failed to compensate property owners for surplus value when their properties were forfeited due to unpaid property taxes. The settlement provides significant relief to individuals affected by property forfeitures over the past decade. Who Benefits from the Settlement? The settlement covers&nbsp;<a class=\"read-more\" href=\"https:\/\/www.soscip.org\/us\/minnesota-reaches-109m-settlement-over-property\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":2834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/2831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/comments?post=2831"}],"version-history":[{"count":3,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/2831\/revisions"}],"predecessor-version":[{"id":2835,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/2831\/revisions\/2835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media\/2834"}],"wp:attachment":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media?parent=2831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/categories?post=2831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/tags?post=2831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}