Subdivision 1. Compliance with rules. A person may not sell lots, units, parcels, or interests within a subdivision subject to a blanket encumbrance without having complied with such rules as the commissioner may promulgate concerning such sales, which rules shall be specific requirements for the protection of the purchaser.
Subd. 2. Use of prohibited practice. The act, use, or employment by any person of any prohibited practice as set forth in section 83.24, with the intent that others rely thereon in connection with the offer or sale of subdivided lands not excepted from sections 83.20 to 83.42, 83.43 and 83.44 is a violation of sections 83.20 to 83.42, 83.43 and 83.44, whether or not any person has in fact been damaged thereby.
Subd. 3. [Repealed, 1984 c 452 s 30]
1973 c 413 s 14; 1984 c 452 s 17,18; 1986 c 444
Structure Minnesota Statutes
Chapters 82 - 83 — Real Estate Sales Regulations
Section 83.21 — Commissioner Of Commerce To Administer.
Section 83.23 — Registration Requirement.
Section 83.24 — Public Offering Statement.
Section 83.27 — Inquiry And Examination.
Section 83.28 — Sales Contract; Rescission.
Section 83.30 — Annual Report.
Section 83.31 — Changes Subsequent To Registration.
Section 83.32 — Inspection Of Records.
Section 83.33 — Blanket Encumbrance Sales And Other Prohibited Acts.
Section 83.35 — Enforcement; Powers Of Commissioner.
Section 83.36 — Injunctions; Receivers.
Section 83.37 — Penalties; Civil Remedies.
Section 83.38 — Administrative Pronouncements.
Section 83.39 — Service Of Process.
Section 83.40 — Scope Of Sections 83.20 To 83.42, 83.43 And 83.44.
Section 83.41 — Interstate Rendition.
Section 83.42 — Statute Of Limitations.
Section 83.43 — Criminal Penalties.