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Minnesota seller disclosure

Home Seller to Runner-Up Buyer: “Buyer #1 Walked. Are You Still Interested?”

“Second Bite of the Apple” — Housing Market Edition [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] Due to a chronic, ongoing shortage of listings, the Twin Cities housing...
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Deciphering “TNAS” in the Twin Cities Housing Market Now

“But, the Seller’s Disclosure Doesn’t SAY Anything About a Wet Basement!” (not yet, anyways) As Realtors if not the general public know, the MLS status “TNAS” ” short for “Temporarily Not Available For Showing” ” is a catch-all. So, TNAS can cover everything from new carpeting being installed, to someone in the household being sick,...
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What Home Sellers Waiving the Seller’s Disclosure Should Never Ask Their Realtor

TWO Duties to Disclose:  Owner’s . . . and the Agent’s [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] At least in Minnesota, it’s permissible for Sellers to tell...
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Home Seller Disclosure & Cannabis

Marijuana Multiple Choice [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] As a Realtor, how do you know that legalized cannabis (marijuana) is officially a thing — even in...
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Lazy (or Newbie) Realtor? Not Necessarily

Buyer’s Agent: “Can You Please Send Me the Seller Disclosures?” You’re a busy, well-prepared listing agent (OK, me) who has both uploaded the various Seller disclosures** to MLS, and provided hard copies in the “For Sale” home. Nevertheless, the Buyer’s agent contacts you to ask that you send them that information directly. When is that...
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Asbestos Tiles in the Basement: How Big a Deal? (and Discount)

Not Exactly a Non-Issue, But . . . [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] “To your knowledge, have any of the following previously existed or do they currently...
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