2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 326 Employments Licensed by State
Section 326.951 DISCLOSURES.
326.951 DISCLOSURES.
If a licensee sells or offers to sell residential property, constructed by the licensee, which is
or has been occupied by the licensee, the licensee must, prior to entering into a binding purchase
agreement, provide to the buyer a written disclosure which states that any claims that arise as a
result of the licensee's construction of the property: (1) will not be covered under the statutory
warranty established by chapter 327A, and (2) if the licensee has occupied the residential property
for one year or more, will not be eligible for reimbursement from the contractor's recovery fund.
History: 1993 c 245 s 33
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