standard Minnesota Purchase Agreement

Is a 2 Year Home Warranty > 1 Year?

Diminishing Returns? Is a two-year home warranty better than one year? If you weren’t aware, home warranties are fast on their way to becoming a standard feature of residential real estate transactions, at least in Minnesota. The standard Minnesota Purchase Agreement now includes “opt-out” language, making it much more likely that the parties to the transaction will...
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Legal Drafting Tips for Realtors

Hire a Realtor, and you get an attorney for free. That’s right:  Minnesota Realtors have an express, statutory exemption to practice law without a license. And they do. The garden variety Minnesota residential Purchase Agreement, Addenda, and related disclosures now trip 25 pages; a complicated deal can easily add another 10 pages. All single-spaced, by...
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