Revisor.mn.gov [2022]

Last Update: April 3, 2022

REAL ESTATE SALES REGULATIONS

List of Statute Chapters by Part. Chapters. Title. 82. REAL ESTATE BROKERS AND SALESPERSONS. 82A. MEMBERSHIP CAMPING PRACTICES. 82B. …

Actived: Just Now

URL: https://www.revisor.mn.gov/statutes/part/REAL+ESTATE+SALES+REGULATIONS

CHAPTER 82 REAL ESTATE BROKERS AND SALESPERSONS

(8 days ago) real estate salesperson, or a closing agent or the spouse of such person, or a person who has no, or never has had a material financial interest in acting as a real estate broker, real estate salesperson, or a closing agent or a directly related activity. Subd. 10. "Closing agent" or "real estate closing agent" means any person whether or

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CHAPTER 500 ESTATES IN REAL PROPERTY

(8 days ago) Subd. 3.Springing interests.Subject to the rules established in this chapter, a freehold estate, as well as a chattel real, may be created to commence at a future day; an estate for life may be created in a term of years, and a remainder limited thereon. History: (8041, 8054, 8057, 8059) RL s 3200, 3213, 3216, 3218

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CHAPTER 82 REAL ESTATE BROKERS AND SALESPERSONS

(7 days ago) REAL ESTATE EDUCATION, RESEARCH AND RECOVERY FUND. 82.86 82.87 COMPUTATION OF TIME. 82.88 NONRESIDENT SERVICE OF PROCESS. 82.89 RULEMAKING POWERS. 82.01 [Repealed, 1973 c 410 s 19] 82.02 [Repealed, 1973 c 410 s 19] 82.03 [Repealed, 1973 c 410 s 19; 1974 c 406 s 89] 82.035 [Repealed, 1973 c 410 s 19]

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82.641 REAL ESTATE CLOSING AGENT LICENSING.

(7 days ago) 82.641 REAL ESTATE CLOSING AGENT LICENSING. §. Subdivision 1. License required. Except as otherwise provided in subdivision 6, a person shall not act as a real estate closing agent unless licensed as provided in this section. The commissioner shall issue a license as a closing agent to a person who qualifies for the license under the terms of

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CHAPTER 82 REAL ESTATE BROKERS AND SALESPERSONS

(8 days ago) No real estate broker, salesperson, or closing agent shall require a person to use any particular lender, licensed attorney, real estate broker, real estate salesperson, real estate closing agent, or title company in connection with a resi­ dential real estate closing. Subd. 9. Disclosure of valuation exclusion. No real estate broker or

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Property Interests and Liens CHAPTER 500 ESTATES IN REAL

(9 days ago) hold estate, as well as a chattel real, may be created to commence at a future day; an estate for life may be created in a term of years, and a remainder limited thereon. History: (8041, 8054, 8057, 8059) RL s 3200, 3213, 3216, 3218

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Sec. 518.191 MN Statutes

(8 days ago) Subd. 2a. Amended summary real estate disposition judgment. (a) On the court's own motion or on application by an interested person, the court shall issue an order authorizing the court administrator to issue an amended summary real estate disposition judgment to correct an erroneous legal description of real estate contained in the judgment and decree of dissolution.

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Sec. 357.182 MN Statutes

(8 days ago) 357.182 COUNTY FEES AND RECORDING STANDARDS FOR RECORDING OF REAL ESTATE DOCUMENTS. Subdivision 1. Application. Unless otherwise specified in this section and notwithstanding any other law to the contrary, effective August 1, 2005, this section applies to each county in Minnesota. Documents presented for recording within 60 days after July 1

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Sec. 272.03 MN Statutes

(7 days ago) Subdivision 1. Real property. (a) For the purposes of taxation, but not for chapter 297A, "real property" includes the land itself, rails, ties, and other track materials annexed to the land, and all buildings, structures, and improvements or other fixtures on it, bridges of bridge companies, and all rights and privileges belonging or appertaining to the land, and all mines, iron ore and

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Sec. 82.61 MN Statutes

(1 days ago) (a) All real estate salespersons and all real estate brokers shall be required to successfully complete 30 hours of real estate continuing education, either as a student or a lecturer, in courses of study approved by the commissioner, during the initial license period and during each succeeding 24-month license period.

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Sec. 82.69 MN Statutes

(1 days ago) 82.69 ADVERTISING REQUIREMENTS. (a) Any advertising by a licensee must clearly and conspicuously display the real estate brokerage name. (b) If a salesperson or broker is part of a team or group within the brokerage, the licensee may include the team or group name in the advertising only under the following conditions: (1) the inclusion of the

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Sec. 541.02 MN Statutes

(7 days ago) 541.02 RECOVERY OF REAL ESTATE, 15 YEARS. No action for the recovery of real estate or the possession thereof shall be maintained unless it appears that the plaintiff, the plaintiff's ancestor, predecessor, or grantor was seized or possessed of the premises in question within 15 years before the beginning of the action.

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Sec. 272.115 MN Statutes

(8 days ago) A certificate of real estate value is not required when the transfer is made by an instrument which qualifies as a designated transfer as defined in section 287.20, subdivision 3a, and the instrument indicates on the first page or the signature page that the conveyance is a designated transfer pursuant to section 287.20, subdivision 3a.

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Sec. 48.21 MN Statutes

(6 days ago) Subd. 3. Real estate holdings not sold; authority to write off. Notwithstanding any rules of the commissioner to the contrary, if real estate owned by a bank pursuant to subdivision 1, paragraph (a), clauses (2) to (5), is not sold or otherwise disposed of within the maximum period, the bank may write off any remaining balance at a rate not less than one-fifth of that balance each …

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Sec. 82.59 MN Statutes

(6 days ago) (3) is a public officer whose official duties involve real estate law or real estate transactions. (c) The commissioner shall grant a waiver of the real estate licensing experience requirement for the broker's examination to a qualified individual whose license lapsed or became ineffective and who applies for the waiver.

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Sec. 273.124 MN Statutes

(8 days ago) (a) Residential real estate that is occupied and used for the purposes of a homestead by its owner, who must be a Minnesota resident, is a residential homestead. Agricultural land, as defined in section 273.13, subdivision 23, that is occupied and used as a homestead by its owner, who must be a Minnesota resident, is an agricultural homestead.

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Sec. 82.75 MN Statutes

(6 days ago) Subd. 3. Nondepositable items. In the event earnest money or other down payments in a real estate transaction are received by the broker or salesperson in the form of a nondepositable item such as a note, bond, stock certificate, treasury bill, or any other instrument or equity or thing of value received by a broker, salesperson, or closing agent received in lieu of cash shall be …

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Sec. 82.197 MN Statutes

(2 days ago) A real estate broker or salesperson shall provide to a consumer in the sale and purchase of a residential real property transaction at the first substantive contact with the consumer an agency disclosure form in substantially the form set forth in subdivision 4. The agency disclosure form shall be intended to provide a description of available

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Sec. 541.023 MN Statutes

(3 days ago) 541.023 ACTIONS AFFECTING TITLE TO REAL ESTATE. Subdivision 1. Commencement. As against a claim of title based upon a source of title, which source has then been of record at least 40 years, no action affecting the possession or title of any real estate shall be commenced by a person, partnership, corporation, other legal entity, state, or any

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Sec. 273.03 MN Statutes

(7 days ago) 273.03 REAL ESTATE; ASSESSMENT; METHOD. Subdivision 1. Assessment books. The county auditor shall annually provide the necessary assessment books and blanks at the expense of the county, for and to correspond with each assessment district. The auditor shall make out, in the real property assessment book, complete lists of all lands or lots

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1 MINNESOTA STATUTES 2021 82.67 82.67 AGENCY …

(Just Now) AGENCY RELATIONSHIPS IN REAL ESTATE TRANSACTIONS Minnesota law requires that early in any relationship, real estate brokers or salespersons discuss with consumers what type of agency representation or relationship they desire.(1) The available options are listed below. This is not a contract. This is an agency disclosure form only.

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Sec. 279.37 MN Statutes

(7 days ago) Subdivision 1. Composition into one item. Delinquent taxes upon any parcel of real estate may be composed into one item or amount by confession of judgment at any time prior to the forfeiture of the parcel of land to the state for taxes, for the aggregate amount of all the taxes, costs, penalties, and interest accrued against the parcel, as provided in this section.

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Sec. 51A.38 MN Statutes

(2 days ago) 51A.38 LOAN PLANS. Subdivision 1. Generally. Real estate loans and other loans secured by a mortgage on real estate that are eligible for investment by an association under sections 51A.01 to 51A.57 may be written according to this section and section 51A.386, or upon any other plan approved by the commissioner. Subd.

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1 MINNESOTA STATUTES 2021 518.191 518.191 SUMMARY …

(2 days ago) 518.191 SUMMARY REAL ESTATE DISPOSITION JUDGMENT. Subdivision 1.Abbreviated judgment and decree.If real estate is described in a judgment and decree of dissolution, the court may direct either of the parties or their legal counsel to prepare and submit to the court a proposed summary real estate disposition judgment.

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Sec. 82.67 MN Statutes

(6 days ago) A real estate broker or salesperson shall provide to a consumer in the sale and purchase of a residential real property transaction at the first substantive contact with the consumer an agency disclosure form in substantially the form set forth in subdivision 3. The agency disclosure form shall be intended to provide a description of available

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Sec. 524.5-418 MN Statutes

(Just Now) No real estate shall be sold at private sale for less than its value as fixed by such appraisal. (6) If the bond is insufficient, before confirmation of a sale or lease, or before execution of a mortgage, the conservator shall file an additional bond in such amount as the court may require.

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Sec. 515B.1-103 MN Statutes

(1 days ago) Real estate which satisfies the definition of a common interest community is a common interest community whether or not it is subject to this chapter. Real estate subject to a master declaration, regardless of when the master declaration was recorded, shall not collectively constitute a separate common interest community unless so stated in the

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1 MINNESOTA STATUTES 2021 82.73 82.73 STANDARDS OF …

(Just Now) (2) "entity-owned" real estate is real property owned by a corporation, limited liability company, partnership, or trust, within which entity the licensee holds an ownership interest as an owner, trustee, partner, or officer, or in another beneficiary capacity. History: 2004 c 203 art 2 s 59,61; 2010 c 384 s 75,76; 2012 c 134 s 1

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Sec. 507.18 MN Statutes

(7 days ago) Subd. 3. Words constructively defined. As used in this section the phrase "written instruments relating to or affecting real estate," embraces every writing relating to or affecting any right, title, or interest in real estate, and includes, among other things, plats and wills; and the word "provision" embraces all clauses, stipulations, restrictions, covenants, and conditions of the …

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CHAPTER 514 LIENS AGAINST PROPERTY

(8 days ago) is the owner of the improved real estate, or to any corporate contractor managed or controlled by substantially the same persons who manage or control a corporation which is the owner of the improved real estate. Subd. 2.Subcontractor to give notice.(a) Every person who contributes to the improvement of real

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MN Revisor's Office

(2 days ago) Minnesota Office of the Revisor of Statutes, 700 State Office Building, 100 Rev. Dr. Martin Luther King Jr. Blvd., St. Paul, MN 55155

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PROPERTY AND PROPERTY INTERESTS

(2 days ago) AGREEMENTS RELATING TO PROPERTY. 514. LIENS AGAINST PROPERTY. 515. MINNESOTA CONDOMINIUM ACT. 515A. UNIFORM CONDOMINIUM ACT. 515B. MINNESOTA COMMON INTEREST OWNERSHIP ACT.

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CHAPTER 2800 DEPARTMENT OF COMMERCE REAL ESTATE …

(7 days ago) the real estate broker's examination, an individual shall have one year from the date of the examination to apply for a broker's license, unless the individual is a salesperson who remains continuously active in the real estate field as a licensee.

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MN Revisor's Office

(3 days ago) Real estate education, research and recovery fund lawsuits, false or untrue statements, Minn. Statutes 2021 82.86. Requiring particular lender, attorney or other professional, Minn. Statutes 2021 82.66. Securities sales outside scope of license, Minn. Statutes 2021 82.81.

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Sec. 507.07 MN Statutes

(7 days ago) A.B., grantor, of (here insert the place of residence), for and in consideration of (here insert the consideration), conveys and warrants to C.D., grantee, of (here insert the place of residence), the following described real estate in the county of .., in …

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