Minnesota Administrative Rules

7190.2010 ELIGIBLE LOSSES ASSOCIATED WITH THE NEED TO MAINTAIN TWO RESIDENCES.

Subpart 1.

Eligible losses.

Losses eligible for reimbursement under Minnesota Statutes, section 115B.34, subdivision 2, paragraph (a), clause (3), include all essential utilities, property tax, necessary homeowner's insurance, mortgage interest expenses, and other property maintenance expenses. The claimant must have incurred the expenses on the principal residence after it had been on the market for a time equal to the average days on the market for comparable home sales outside the area of contamination. Average days on the market shall be determined from the multiple listing service data of the local real estate association for the listing year and locale.

Subp. 2.

Additional expenses.

Additional property maintenance expenses are compensable to the extent that they are determined by the Pollution Control Agency to be necessary to maintain the property value and marketability.

Statutory Authority:

MS s 115B.34

History:

16 SR 2162; L 2002 c 379 art 2 s 23

Published Electronically:

August 18, 2005