Chapter 513 — No Action on Agreement

Minnesota Statutes Chapter 513 — No Action on Agreement

513.01 No Action on Agreement Certain types of agreements must be in writing and signed by the person being held to the deal, or they cannot be … 513.02 This section has been repealed and is no longer in effect. 513.03 Grants of Trust, When Void If someone wants to transfer or assign a trust that already exists in goods or things in action, the transfer must be in … 513.04 Conveyance of Interest in Land Except up to One-year Lease Minnesota's Statute of Frauds for real property. No interest in land (except leases of one year or less) can be created, … 513.05 Leases; Contracts for Sale of Lands Requires that any contract for a lease longer than one year or for the sale of land must be in writing, must state the … 513.06 Specific Performance This section says that the statute of frauds does not take away the power of courts to order specific performance when … 513.07 Logs; Extension of Time of Payment for Labor Any agreement to delay payment for manual labor done in logging (cutting, hauling, banking, or driving logs) beyond the … 513.075 Cohabitation; Property and Financial Agreements Requires that property and financial agreements between unmarried people living together must be in writing and signed … 513.076 Necessity of Contract Minnesota courts cannot hear claims by one person to the earnings or property of another person if the claim is based on … 513.08 Void When Made to Defraud, Exception Any transfer of land or an interest in land that is made with the intent to cheat a buyer who paid real money is void … 513.09 Provision to Revoke, Determine, or Alter; When Void If a deed or land transfer includes a clause letting the seller take the property back at will, that clause is void … 513.10 Power of Revocation, When Valid When someone other than the original seller is given the power to cancel a land transfer, and that person later sells … 513.11 Premature Conveyance If someone sells property before they actually have the power to cancel an earlier transfer, the sale still becomes … 513.12 This section was renumbered. The content formerly in section 513.12 has been moved to section 336.10-102 of the Uniform … 513.13 This section was renumbered. The content formerly in section 513.13 has been moved to section 336.10-102 of the Uniform … 513.14 This section was renumbered. The content formerly in section 513.14 has been moved to section 336.10-102 of the Uniform … 513.15 This section was renumbered. The content formerly in section 513.15 has been moved to section 336.10-102 of the Uniform … 513.16 This section was renumbered. The content formerly in section 513.16 has been moved to section 336.10-102 of the Uniform … 513.17 This section was renumbered. The content formerly in section 513.17 has been moved to section 336.10-102 of the Uniform … 513.18 This section was renumbered. The content formerly in section 513.18 has been moved to section 336.10-102 of the Uniform … 513.19 This section was renumbered. The content formerly in section 513.19 has been moved to section 336.10-102 of the Uniform … 513.20 This section has been repealed. Section 513.20, which was formerly part of the fraudulent conveyance laws, is no longer … 513.21 This section has been repealed. Section 513.21, which was formerly part of the fraudulent conveyance laws, is no longer … 513.22 This section has been repealed. Section 513.22, which was formerly part of the fraudulent conveyance laws, is no longer … 513.23 This section has been repealed. Section 513.23, which was formerly part of the fraudulent conveyance laws, is no longer … 513.24 This section has been repealed. Section 513.24, which was formerly part of the fraudulent conveyance laws, is no longer … 513.25 This section has been repealed. Section 513.25, which was formerly part of the fraudulent conveyance laws, is no longer … 513.26 This section has been repealed. Section 513.26, which was formerly part of the fraudulent conveyance laws, is no longer … 513.27 This section has been repealed. Section 513.27, which was formerly part of the fraudulent conveyance laws, is no longer … 513.28 This section has been repealed. Section 513.28, which was formerly part of the fraudulent conveyance laws, is no longer … 513.29 This section has been repealed. Section 513.29, which was formerly part of the fraudulent conveyance laws, is no longer … 513.30 This section has been repealed. Section 513.30, which was formerly part of the fraudulent conveyance laws, is no longer … 513.31 This section has been repealed. Section 513.31, which was formerly part of the fraudulent conveyance laws, is no longer … 513.32 This section has been repealed. Section 513.32, which was formerly part of the fraudulent conveyance laws, is no longer … 513.33 Credit Agreements Requires all credit agreements to be in writing, signed by both the creditor and debtor, and must express the … 513.41 Definitions This section defines key terms used in the Uniform Voidable Transactions Act (sections 513.41 to 513.51). It covers … 513.42 Insolvency A debtor is insolvent when their total debts are greater than their total assets at a fair value. If a person is … 513.43 Value This section explains what counts as giving value in exchange for a transfer or obligation. Value includes property … 513.44 Transfer or Obligation Voidable as to Present or Future Creditor A transfer of property or incurrence of an obligation by a debtor can be voided by creditors if it was made with actual … 513.45 Transfer or Obligation Voidable as to Present Creditor A transfer is voidable by a creditor whose claim existed before the transfer if the debtor did not receive reasonably … 513.46 When Transfer is Made or Obligation is Incurred This section explains when a transfer is considered to have been made for purposes of the fraudulent transfer laws. For … 513.47 Remedies of Creditor Lists the remedies available to creditors when a fraudulent transfer is proven, including voiding the transfer, … 513.48 Defenses, Liability, and Protection of Transferee or Obligee This section sets out defenses for people who received property in a fraudulent transfer. A person who took property in … 513.485 Governing Law This section says that a fraudulent transfer claim is governed by the law of the state where the debtor is located. An … 513.49 Application to Series Organization For purposes of the fraudulent transfer laws, a series organization and each of its protected series are treated as … 513.495 Relation to Electronic Signatures in Global and National Commerce Act This section explains how the Uniform Voidable Transactions Act relates to the federal Electronic Signatures in Global … 513.50 Supplementary Provisions General legal principles like equity, estoppel, laches, fraud, misrepresentation, duress, coercion, and mistake still … 513.51 Short Title This section gives the official name of the law. Sections 513.41 to 513.51 may be called the Uniform Voidable … 513.52 Definitions This section defines terms used in the residential real estate seller disclosure law (sections 513.52 to 513.60). It … 513.53 Applicability The seller disclosure requirements apply to any transfer of residential real estate, including sales, exchanges, deeds, … 513.54 Exceptions The seller disclosure requirements do not apply to certain transfers, including gifts, court-ordered transfers, … 513.55 General Disclosure Requirements Before signing a sale agreement, the seller of a home must give the buyer a written disclosure of all important facts … 513.56 Disclosure Not Required Sellers do not have to disclose that a prior occupant had HIV/AIDS, that a death or perceived paranormal activity … 513.57 Liability for Error, Inaccuracy, or Omission A seller is generally not liable for errors in the disclosure if the error was not something the seller personally knew … 513.58 Amendment to Disclosure If a seller learns that the original disclosure was wrong or incomplete, the seller must notify the buyer in writing as … 513.59 Transfer Not Invalidated A property sale is not automatically canceled just because the seller failed to make a required disclosure. However, a … 513.60 Waiver The seller and buyer can agree in writing to waive the seller disclosure requirement. However, waiving this disclosure … 513.61 Radon Disclosure Requirements Anyone selling a home in Minnesota must follow the radon disclosure requirements set out in section 144.496. This means … 513.73 Definitions This section defines key terms for the private transfer fee law (sections 513.73 to 513.76). A private transfer fee is a … 513.74 Prohibition Private transfer fee obligations recorded or entered into on or after May 20, 2010 are void and unenforceable in … 513.75 Liability for Violation A person who records or creates a private transfer fee obligation after May 20, 2010 is liable for all resulting … 513.76 Notice Requirements for Existing Transfer Fee Obligations For private transfer fee obligations that existed before May 20, 2010, the person receiving the fee was required to … 513.80 Residential Real Estate Service Agreements; Unfair Service Agreements This section makes certain residential real estate service agreements unfair and prohibited. A service agreement is …