Waldorf, Minn., Mun. Code Ch. 151 (2026) § 175.28
TRANSFER OF PROPERTY OWNERSHIP
Operative Text
(A) No license issued under this subchapter is transferable from one party to another. If the property is sold or otherwise transferred to a new owner, the new owner is required to apply for a rental license as provided for in § 175.25 . If the property is owned by a partnership or corporation and more than a 10% interest in the property has been transferred to a party that was not previously disclosed on the application for rental license, then the license holder shall apply for a new license as provided under § 175.25 . (B) Contract for deed. Whenever any real estate is sold for a consideration in excess of $1,000, whether by warranty deed, quitclaim deed, contract for deed or any other method of sale, the grantor, grantee or the legal agent of either shall file a certificate of value with the county auditor in the county in which the property is located when the deed or other document is presented for recording. Contract for deeds are subject to recording under M.S. § 507.235, subd. 1 of M.S. § 272.115. A copy of the “Contract for Deed” will have to be submitted to the city within 30 days after filing with Waseca County Recorder’s Office per M.S. § 507.235, subd. 2. Failure will result in the violation of the rental code. (Ord. 85, passed - -2020)
Waldorf Ch. 151 § 175.28 establishes that rental property licenses are non-transferable between parties. When a property changes ownership—whether through a sale, deed transfer, or a significant shift in partnership or corporate interest exceeding 10%—the new or updated owner must obtain a fresh rental license under § 175.25. Additionally, when real estate is sold for more than $1,000 via any deed type, a certificate of value must be filed with the county auditor, and any contract for deed must be submitted to the city within 30 days of recording with the Waseca County Recorder's Office.
Plain English — not legal advice.
Under Waldorf Ch. 151 § 175.28, compliant property owners and managers treat rental licenses as tied to the specific license holder rather than the property itself, meaning a new application under § 175.25 is required whenever ownership changes hands. Operators who hold property through a partnership or corporation also monitor ownership interest transfers, applying for a new license when any previously undisclosed party acquires more than a 10% stake. When a sale exceeds $1,000, compliant operators ensure a certificate of value is filed with the county auditor and that any contract for deed is submitted to the city within 30 days of recording with the Waseca County Recorder's Office to avoid a rental code violation.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Waldorf Ch. 151 § 175.28 means that a property's rental license does not automatically carry over to a new owner, so tenants can verify that a landlord who recently acquired a property has obtained a valid license under § 175.25. If a new owner is operating without the required license, that may constitute a rental code violation, which tenants can raise with the appropriate local code enforcement authority. Tenant-rights organizations familiar with Waldorf's rental code can help residents understand what documentation to request and what options may be available when a property changes hands.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 13, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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