Minnesota Seller Disclosure Confusion The heart of the Minnesota Seller Disclosure is an alphabetical table listing the home’s various features, followed by a “Yes” or “No” after each item to indicate whether they’re in working order. Since time immemorial, at least a few Sellers have misunderstood the “No” to mean, “No, I don’t have that item”...Read More
Seller Disclosure Looms Larger The big 2012-2013 change in Minnesota contracts to buy or sell residential real estate — effective Oct. 1 — is the omission of a clause whereby Sellers formerly warranted that the home’s mechanical systems would be in working order as of the date of closing. The primary reason? The language effectively served as...Read More
