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Minnesota Affidavit of Additional Amount On Redemption - UCBC Form 60.5.3

State:
Minnesota
Control #:
MN-2031M
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Description

This form is one of the Uniform Conveyancing Blanks developed by Minnesota Uniform Conveyancing Blanks Commission pursuant to Minnesota Code Section 507.09. These forms, which pertain to the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien, have been approved by the Commissioner of Commerce.

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FAQ

Redemption is defined as the act of correcting a past wrong. An example of redemption is someone working hard for new clients to improve his reputation.The definition of redemption is the act of exchanging something for money or goods.

In Christian theology, redemption (Greek: apolutrosis) refers to the deliverance of Christians from sin. It assumes an important position in salvation because the transgressions in question form part of a great system against which human power is helpless.

In finance, redemption describes the repayment of any money market fixed-income security at or before the asset's maturity date. Investors can make redemptions by selling part or all of their investments such as shares, bonds, or mutual funds.

The redemption value is stated as a percentage of face value. For example, a $1000 bond redeemable at 105 is redeemed at 105% of $1000 = $1050.

The word redemption in the original Hebrew language has rich layers of meaning. It is to redeem, to buy back a relative's property, to deliver, to purchase, and a ransom (source). Through Jesus, we have been redeemed, bought back from the ruthless rule of sin and deathand we are now free from the clutches of our past!

Phillip prays his confession will earn him the redemption of a reduced prison sentence. Through writing his biography, the criminal hopes to earn redemption for his crimes by changing the lives of troubled young people.

An act of redeeming or atoning for a fault or mistake, or the state of being redeemed. deliverance; rescue. Theology. deliverance from sin; salvation. atonement for guilt.

Redemption is the buying back of something. You might try for redemption by attempting to buy back a bike you sold, or you might attempt to buy back your soul after you steal someone else's bike.

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Minnesota Affidavit of Additional Amount On Redemption - UCBC Form 60.5.3