What does MN Statute 507.235 require the vendee to do after executing a contract for deed?

The requirement outlined in MN Statute 507.235 mandates that the vendee must record the contract for deed within a specific timeframe after its execution. The correct answer states that this period is four months. Recording the contract is crucial for establishing the vendor's interest in the property and protecting the vendee's rights under the contract. If the vendee does not record the contract within the four-month window, they risk the possibility of third parties acquiring interests that could take precedence over their rights as outlined in the contract for deed. This statutory requirement emphasizes the importance of prompt action in real estate transactions to ensure legal protection and clarity regarding ownership rights.