HF 730

4th Engrossment - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to real property; specifying the statute of 
  1.3             limitations for certain actions based on breach of a 
  1.4             home warranty; amending Minnesota Statutes 2002, 
  1.5             section 541.051, subdivision 4. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 2002, section 541.051, 
  1.8   subdivision 4, is amended to read: 
  1.9      Subd. 4.  [APPLICABILITY.] This section shall not apply 
  1.10  to For the purposes of actions based on breach of the statutory 
  1.11  warranties set forth in section 327A.02, or to actions based on 
  1.12  breach of an express written warranty, provided such actions 
  1.13  shall be brought within two years of the discovery of the 
  1.14  breach.  In the case of an action under section 327A.05, which 
  1.15  accrues during the ninth or tenth year after the warranty date, 
  1.16  as defined in section 327A.01, subdivision 8, an action may be 
  1.17  brought within two years of the discovery of the breach, but in 
  1.18  no event may an action under section 327A.05 be brought more 
  1.19  than 12 years after the effective warranty date.