Subdivision 1. Rulemaking. The commissioner may adopt rules to implement the provisions of sections 83.20 to 83.42. The rules may include but shall not be limited to:
(a) provisions for advertising standards to assure full and fair disclosure;
(b) provisions for escrow or trust agreement or other means reasonably to assure that all improvements referred to in the application for registration and advertising will be completed and that purchasers will receive the interest in land contracted for;
(c) provisions for operating procedures;
(d) provisions requiring instruments to be executed in recordable form;
(e) provisions relating to apportionment of taxes among purchasers;
(f) provisions for cooperation with the commissioner of the Department of Natural Resources to ensure compliance with environmental quality standards.
Subd. 2. Interpretive opinions. The commissioner may, upon request and upon the payment of the sum of $50, grant a request for a written opinion concerning the availability of any exemption in section 83.26 or interpreting any provisions of sections 83.20 to 83.42, 83.43 and 83.44.
Subd. 3. General authority to classify. For the purpose of rules and forms, the commissioner may by rule classify subdivisions, persons and matters within the commissioner's jurisdiction, and prescribe different requirements for different classes.
1973 c 413 s 19; 1974 c 440 s 6; 1984 c 452 s 23; 1985 c 248 s 70; 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.