2005 Minnesota Statutes - 513.52 — Definitions.

     513.52 Definitions. 


    Subdivision 1.    Scope.  For purposes of sections 
 513.52 to 513.60, the terms defined in this section have the 
 meanings given them.  


    Subd. 2.    Prospective buyer.  "Prospective buyer" 
 means a person negotiating or offering to acquire for value 
 legal or equitable title, or the right to acquire legal or 
 equitable title, to residential real property.  


    Subd. 3.    Real estate licensee.  "Real estate licensee"
 means a person licensed under chapter 82.  


    Subd. 4.    Residential real property or residential real 
 estate.  "Residential real property" or "residential real 
 estate" means property occupied as, or intended to be occupied 
 as, a single-family residence, including a unit in a common 
 interest community as defined in section 515B.1-103, clause 
 (10), regardless of whether the unit is in a common interest 
 community not subject to chapter 515B.  


    Subd. 5.    Seller.  "Seller" means a person who owns 
 legal or equitable title to residential real property.  


    HIST: 2002 c 306 s 1