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2010 Minnesota Statutes Index (topics)

REAL ESTATE BROKERS AND AGENTS

Access, statutes and rules, Minn. Statutes 2010 82.73

Address, supplying to commissioner, Minn. Statutes 2010 45.0112

Advertising, Minn. Statutes 2010 82.66, 82.67, 82.69, 82.81

Agency relationships

Continuing education about, Minn. Statutes 2010 82.61

Disclosure, Minn. Statutes 2010 82.66, 82.67

Attorneys, discouraging use of, Minn. Statutes 2010 82.71, 82.81

Brokerage, definitions, Minn. Statutes 2010 82.55

Brokers

Compensation, see Compensation for sale, purchase, lease, rental, or management of real property under this topic

Definitions, Minn. Statutes 2010 82.55, 82.56, 82.67, 363A.03

Employer identification numbers, Minn. Statutes 2010 82.75

Guaranteed sale programs, Minn. Statutes 2010 82.74

Incapacity, temporary permits, Minn. Statutes 2010 82.63

Interest-bearing trust accounts, establishing, Minn. Statutes 2010 82.75

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2010 481.02

Licenses, Minn. Statutes 2010 82.63

Real estate closing agent licensure, exemption, Minn. Statutes 2010 82.641

Renewal of salesperson's licenses, duties, Minn. Statutes 2010 82.62

Responsibilities, generally, Minn. Statutes 2010 82.73

Responsibility for acts of salespeople and closing agents, Minn. Statutes 2010 82.63

Unclaimed Property Act, compliance, Minn. Statutes 2010 82.80

Business entity, definitions, Minn. Statutes 2010 82.55

Business licenses, exception, Minn. Statutes 2010 116J.70

Buyer representation agreements

Disclosure addendum, Minn. Statutes 2010 82.67

Negotiations by other real estate licensees, Minn. Statutes 2010 82.81

Buyer's broker agreements, Minn. Statutes 2010 82.66, 82.81

Censure, Minn. Statutes 2010 82.73

Checks received by, deposits, Minn. Statutes 2010 82.75

Closing agents

Choice of agents, Minn. Statutes 2010 507.45

Fees, Minn. Statutes 2010 82.70, 507.45

Funds, disbursement, Minn. Statutes 2010 82.77

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2010 481.02

Licenses, see same under this topic

Place of business, Minn. Statutes 2010 56.12

Table funding, Minn. Statutes 2010 82.77

Closing services, Minn. Statutes 2010 82.81

Closing statements, Minn. Statutes 2010 82.71

Collection agencies, exclusion, Minn. Statutes 2010 332.32

Commercial real estate, continuing education, Minn. Statutes 2010 82.61

Compensation for sale, purchase, lease, rental, or management of real property

Commission-splitting, rebates, referral fees, and finder's fees prohibited, Minn. Statutes 2010 82.70

Disclosures about, Minn. Statutes 2010 82.66

Requirements, generally, Minn. Statutes 2010 82.55

Sharing with broker, Minn. Statutes 2010 82.70

Complaints, Minn. Statutes 2010 82.73

Conflicts of interest, Minn. Statutes 2010 82.75

Continuing education, Minn. Statutes 2010 82.61

Contracts and agreements

Buyer's broker agreements, Minn. Statutes 2010 82.66, 82.81

Exclusive agreements, Minn. Statutes 2010 82.71, 82.81

Listing agreements, see LISTING AGREEMENTS

Residential real estate closings, Minn. Statutes 2010 507.45

Corporations, licenses, Minn. Statutes 2010 82.58

Courses of study, Minn. Statutes 2010 82.59, 82.60, 82.61

Credit services organizations, exclusion, Minn. Statutes 2010 332.52

Crimes, Minn. Statutes 2010 82.65, 82.83, 82.86

Definitions

Brokers, Minn. Statutes 2010 82.55, 82.56, 82.67

Generally, Minn. Statutes 2010 82.55

Human Rights Act, Minn. Statutes 2010 363A.03

S.A.F.E. Mortgage Licensing Act of 2010, Minn. Statutes 2010 58A.02

Disclosures

Agent of broker, Minn. Statutes 2010 82.68

Buyer's broker agreements, Minn. Statutes 2010 82.66

Closing agent fees, Minn. Statutes 2010 82.70

Closing costs, Minn. Statutes 2010 82.71

Documents, Minn. Statutes 2010 82.71

Dual agency, Minn. Statutes 2010 82.66, 82.67

Financial interests or relative or business associate disclosure, Minn. Statutes 2010 82.68

Financial planning products or services, Minn. Statutes 2010 82.81

Generally, Minn. Statutes 2010 82.67

Guaranteed sale programs, Minn. Statutes 2010 82.74

Listed property information, Minn. Statutes 2010 82.73

Listing agreements, Minn. Statutes 2010 82.66

Material facts, Minn. Statutes 2010 82.68

Nonperformance of party, Minn. Statutes 2010 82.68

Representation of parties, Minn. Statutes 2010 82.81

Residential real estate closings, services, Minn. Statutes 2010 507.45

Right to recover in compensation action, effect of disclosures on, Minn. Statutes 2010 82.85

Seller disclosure statements, duties, Minn. Statutes 2010 513.55, 513.56

Tax returns, Minn. Statutes 2010 270B.07

Discrimination

Antidiscrimination laws, continuing education, Minn. Statutes 2010 82.61

Unfair discriminatory practices, see under REAL PROPERTY

Documents, copies to interested parties, Minn. Statutes 2010 82.72

Dual agency

Change in broker's representation, Minn. Statutes 2010 82.81

Defined, Minn. Statutes 2010 82.55

Disclosures about, Minn. Statutes 2010 82.66, 82.67

Listing agreements, Minn. Statutes 2010 82.66

Education and training, Minn. Statutes 2010 82.59, 82.60

Employees, supervision, Minn. Statutes 2010 82.73

Examinations, Minn. Statutes 2010 82.59, 82.62

Exclusive agency agreements, Minn. Statutes 2010 82.71, 82.81

Exemptions from law, membership camping contracts

Brokers and salespersons, Minn. Statutes 2010 82A.26

Fees

Charging, Minn. Statutes 2010 82.81

Licenses, Minn. Statutes 2010 82.57, 82.63

Prohibited fees, Minn. Statutes 2010 82.70

Residential real estate closings, Minn. Statutes 2010 507.45

Trunk highway lands, sale, Minn. Statutes 2010 161.23, 161.43, 161.44

Financial planning products or services, disclosure, Minn. Statutes 2010 82.81

Finder's fees, Minn. Statutes 2010 82.70

Foreclosure consultants, exclusion, Minn. Statutes 2010 325N.01

Forms, agency disclosure, Minn. Statutes 2010 82.67

Fraudulent, deceptive, and dishonest practices, Minn. Statutes 2010 82.81

Generally, Minn. Statutes 2010 82.55 to 82.80

Guaranteed sale programs, Minn. Statutes 2010 82.74

Guarantees of future profits, Minn. Statutes 2010 82.81

Insurance, unfair competition, Minn. Statutes 2010 72A.31

Investigations, Commerce Department, Minn. Statutes 2010 45.027

Lawsuits, Minn. Statutes 2010 82.85

Licenses

Applications, Minn. Statutes 2010 82.58, 82.82

Business license, exception, Minn. Statutes 2010 116J.70

Cancellation, Minn. Statutes 2010 82.62

Closing agents, Minn. Statutes 2010 82.641

Commercial property managers, Minn. Statutes 2010 491A.02

Community development corporations, exemptions, Minn. Statutes 2010 116J.982

Corporate and partnership licenses, Minn. Statutes 2010 82.58

Denial, revocation, or suspension, Minn. Statutes 2010 82.73, 82.82

Education requirements, Minn. Statutes 2010 82.59, 82.60

Exceptions, Minn. Statutes 2010 82.56

Exemptions, Minn. Statutes 2010 327B.04

Failure to renew, Minn. Statutes 2010 82.62

Fees, Minn. Statutes 2010 82.57, 82.63, 82.86

Generally, Minn. Statutes 2010 82.63

New licenses after name change, Minn. Statutes 2010 82.65

Partnerships, Minn. Statutes 2010 82.58

Reciprocity, Minn. Statutes 2010 45.0292, 82.64

Reinstatement, Minn. Statutes 2010 82.86

Renewals, Minn. Statutes 2010 82.62, 82.86

Rental services, Minn. Statutes 2010 82.78

Requirements, Minn. Statutes 2010 82.59, 82.60, 82.63, 82.81

Rulemaking, Minn. Statutes 2010 82.63, 82.82, 82.89

Securities sales, limitations, Minn. Statutes 2010 82.81

Subdivided land sales, Minn. Statutes 2010 83.25

Suspension or revocation, Minn. Statutes 2010 82.73, 82.82, 82.86

Tax clearance, Minn. Statutes 2010 82.82

Temporary licenses, Minn. Statutes 2010 45.0111

Limited broker licensees, Minn. Statutes 2010 83.25

Listing agreements, see LISTING AGREEMENTS

Loan brokers, Minn. Statutes 2010 82.55, 82.76

Low-income housing, operation and management, Minn. Statutes 2010 469.018

Manufactured home sales, Minn. Statutes 2010 327B.04

Market analysis, Minn. Statutes 2010 82B.035

Mortgage brokers, Minn. Statutes 2010 47.206, 58.02

Multiple listing services, private, sales sheets, data, classification, Minn. Statutes 2010 13.51

Negotiations, Minn. Statutes 2010 82.71

Nonagency services, agreements for, negotiations by other real estate licensees, Minn. Statutes 2010 82.81

Nonresidents, Minn. Statutes 2010 82.63, 82.88

Notice given, Minn. Statutes 2010 45.0112, 82.58, 82.65

Offers, duties, Minn. Statutes 2010 82.71

Partnerships, licenses, Minn. Statutes 2010 82.58

Primary brokers, Minn. Statutes 2010 82.55, 82.73

Prohibitions, Minn. Statutes 2010 82.81

Property sale and acquisition, Minn. Statutes 2010 373.01

Public information program, Minn. Statutes 2010 82.84

Purchase agreements, Minn. Statutes 2010 82.67, 82.81

Real estate education, research and recovery fund, Minn. Statutes 2010 82.86

Real property appraisers, see REAL PROPERTY APPRAISERS

Records and record keeping

Destruction of documents, Minn. Statutes 2010 82.72

Loan brokers, Minn. Statutes 2010 82.76

Primary brokers, Minn. Statutes 2010 82.73

Responsibility, Minn. Statutes 2010 82.73

Retention of documents, Minn. Statutes 2010 82.72

Storage, Minn. Statutes 2010 82.72

Trust funds, Minn. Statutes 2010 82.75

Rental services, Minn. Statutes 2010 82.78

Reports given, continuing education, Minn. Statutes 2010 82.61

Residential mortgage originator licenses, Minn. Statutes 2010 58.05

Responsible person, defined, Minn. Statutes 2010 82.55

Salespersons

Broker's responsibility for, Minn. Statutes 2010 82.63

Defined, Minn. Statutes 2010 82.55, 363A.03

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2010 481.02

Licenses, Minn. Statutes 2010 82.62, 82.63

Real estate closing agent licensure, exemption, Minn. Statutes 2010 82.641

Seller's brokers, Minn. Statutes 2010 82.67

Service of process on, substituted service, Commerce Department, Minn. Statutes 2010 82.88

Services

Farms, estate planning and transfer, Minn. Statutes 2010 17.985

Residential real estate closings, Minn. Statutes 2010 507.45

Trunk highway land, sales, Minn. Statutes 2010 161.23, 161.43, 161.44

Social Security numbers, identification, Minn. Statutes 2010 82.82

Standards of conduct, Minn. Statutes 2010 82.73

Subagents, Minn. Statutes 2010 82.67

Subdivided land sales, see SUBDIVIDED LAND

Table funding, Minn. Statutes 2010 58.13, 82.77

Tax returns, disclosure, Minn. Statutes 2010 270B.07

Taxes, delinquent, licenses withholding for, Minn. Statutes 2010 82.82

Telephone number, supplying to commissioner, Minn. Statutes 2010 45.0112

Temporary permits, Minn. Statutes 2010 82.63

Time, computation of, Minn. Statutes 2010 82.87

Trust funds

Credit unions, depositing in, Minn. Statutes 2010 52.04

Incomplete transactions, Minn. Statutes 2010 82.81

Real estate trust accounts, Minn. Statutes 2010 52.04, 82.75, 82.81

Savings associations, depositing with, Minn. Statutes 2010 51A.23

Unfair discriminatory practices, see under REAL PROPERTY

Violations and penalties

Exclusions from valuation, failure to disclose, Minn. Statutes 2010 82.66

Fraudulent, deceptive, or dishonest practices, Minn. Statutes 2010 82.81

Generally, Minn. Statutes 2010 82.83

Manufactured home sales laws, effect, Minn. Statutes 2010 327B.04

Real estate education, research and recovery fund lawsuits, false or untrue statements, Minn. Statutes 2010 82.86

Requiring particular lender, attorney or other professional, Minn. Statutes 2010 82.66

Securities sales outside scope of license, Minn. Statutes 2010 82.81

Self-serving provisions, Minn. Statutes 2010 82.81