Chapter 83 — Minnesota Subdivided Land Sales Practices Act

83.01 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.02 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.03 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.04 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.05 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.06 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.07 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.08 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.09 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.10 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.11 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.12 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.13 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.14 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.15 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.16 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.17 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.18 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.19 This section has been repealed. It was part of the original Minnesota Subdivided Land Sales Practices Act but was … 83.20 Definitions This section defines important terms used throughout the Minnesota Subdivided Land Sales Practices Act. It explains what … 83.21 Commissioner of Commerce to Administer The Commissioner of Commerce is in charge of enforcing the Minnesota Subdivided Land Sales Practices Act. This section … 83.22 Citation This section gives the law its official name. Sections 83.20 through 83.42 may be called the 'Minnesota Subdivided Land … 83.23 Registration Requirement Before anyone can offer or sell subdivided land in Minnesota, they must register with the state unless an exemption … 83.24 Public Offering Statement A subdivider must give buyers a public offering statement before or at the same time as the first written offer or … 83.25 License Anyone who offers or sells subdivided land in Minnesota must have a real estate license under chapter 82. The license … 83.26 Exemptions Certain types of land and transactions are exempt from the Subdivided Land Sales Practices Act. Exempt lands include … 83.27 Inquiry and Examination The Commissioner of Commerce can investigate any subdivision that must be registered. The commissioner can rely on … 83.28 Sales Contract; Rescission Every sales contract for subdivided land must include the legal description, Truth in Lending disclosures, and be in … 83.29 Registration When a subdivider meets all the requirements, the commissioner registers the subdivided lands in the Register of … 83.30 Annual Report While a registration is active, the subdivider must file an annual report and pay a fee ($75 for notification … 83.31 Changes Subsequent to Registration After a subdivision is registered, the subdivider must report any important changes to the commissioner within 30 days … 83.32 Inspection of Records Subdividers and their agents must keep all records related to advertising and selling subdivided land. The Commissioner … 83.33 Blanket Encumbrance Sales and Other Prohibited Acts It is against the law to sell lots within a subdivision that has a blanket encumbrance (like a mortgage covering … 83.34 This section has been repealed. It was removed from the Minnesota Subdivided Land Sales Practices Act in 1987. 83.35 Enforcement; Powers of Commissioner The commissioner can suspend or revoke a registration after a hearing if the subdivider has broken the law, used … 83.36 Injunctions; Receivers If someone is violating or about to violate the subdivided land sales law, the commissioner can go to district court to … 83.37 Penalties; Civil Remedies Violations of the subdivided land sales law can result in civil fines of up to $1,000 per violation, and other … 83.38 Administrative Pronouncements The commissioner can create rules to carry out the subdivided land sales law, including rules about advertising … 83.39 Service of Process Every subdivider who registers must agree to let the Commissioner of Commerce receive legal papers on their behalf. This … 83.40 Scope of Sections 83.20 to 83.42, 83.43 and 83.44 The subdivided land sales law applies when an offer or sale of land is made in Minnesota, whether the land is in … 83.41 Interstate Rendition When someone is charged with a crime under the subdivided land sales law and needs to be brought back from another state … 83.42 Statute of Limitations Lawsuits under the subdivided land sales law must be filed within three years. The clock does not start running until … 83.43 Criminal Penalties Anyone who willfully violates the registration requirements or prohibited practices provisions of the subdivided land … 83.44 Prohibited Practices It is illegal for anyone involved in offering or selling subdivided land to use any scheme to defraud buyers, make false … 83.45 Advertising; Specific Prohibitions This section lists specific advertising practices that are considered deceptive or misleading. Ads that offer gifts, …