Subdivision 1. Contents. (a) Before signing an agreement to sell or transfer residential real property, the seller shall make a written disclosure to the prospective buyer. The disclosure must include all material facts of which the seller is aware that could adversely and significantly affect:
(1) an ordinary buyer's use and enjoyment of the property; or
(2) any intended use of the property of which the seller is aware.
(b) The disclosure must be made in good faith and based upon the best of the seller's knowledge at the time of the disclosure.
Subd. 2. Disclosure to licensee. A seller may provide the written disclosure required under sections 513.52 to 513.60 to a real estate licensee representing or assisting the prospective buyer. The written disclosure provided to the real estate licensee representing or assisting the prospective buyer is considered to have been provided to the prospective buyer. If the written disclosure is provided to the real estate licensee representing or assisting the prospective buyer, the real estate licensee shall provide a copy to the prospective buyer.
2002 c 306 s 4; 2004 c 203 art 1 s 5
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 513 — Agreements Relating To Property
Section 513.01 — No Action On Agreement.
Section 513.03 — Grants Of Trust, When Void.
Section 513.04 — Conveyance Of Interest In Land Except Up To One-year Lease.
Section 513.05 — Leases; Contracts For Sale Of Lands.
Section 513.06 — Specific Performance.
Section 513.07 — Logs; Extension Of Time Of Payment For Labor.
Section 513.075 — Cohabitation; Property And Financial Agreements.
Section 513.076 — Necessity Of Contract.
Section 513.08 — Void When Made To Defraud, Exception.
Section 513.09 — Provision To Revoke, Determine, Or Alter; When Void.
Section 513.10 — Power Of Revocation, When Valid.
Section 513.11 — Premature Conveyance.
Section 513.33 — Credit Agreements.
Section 513.44 — Transfer Or Obligation Voidable As To Present Or Future Creditor.
Section 513.45 — Transfer Or Obligation Voidable As To Present Creditor.
Section 513.46 — When Transfer Is Made Or Obligation Is Incurred.
Section 513.47 — Remedies Of Creditor.
Section 513.48 — Defenses, Liability, And Protection Of Transferee Or Obligee.
Section 513.485 — Governing Law.
Section 513.49 — Application To Series Organization.
Section 513.495 — Relation To Electronic Signatures In Global And National Commerce Act.
Section 513.50 — Supplementary Provisions.
Section 513.53 — Applicability.
Section 513.55 — General Disclosure Requirements.
Section 513.56 — Disclosure Not Required.
Section 513.57 — Liability For Error, Inaccuracy, Or Omission.
Section 513.58 — Amendment To Disclosure.
Section 513.59 — Transfer Not Invalidated.
Section 513.61 — Radon Disclosure Requirements.
Section 513.75 — Liability For Violation.
Section 513.76 — Notice Requirements For Existing Transfer Fee Obligations.