2004 Minnesota Statutes
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Chapter 82
Section 82.27
Recent History
- 2004 Subd. 8 New 2004 c 203 art 2 s 55
- 2002 Subd. 2a New 2002 c 286 s 6
- 2001 Subd. 3 Amended 2001 c 208 s 16
- 1998 Subd. 1 Amended 1998 c 343 art 2 s 4
82.27 Subdivision 1. MS 2002 Renumbered 82.35, subdivision 1
Subd. 2. MS 2002 Renumbered 82.35, subd 3
Subd. 2a. MS 2002 Renumbered 82.35, subd 4
Subd. 3. MS 2002 Renumbered 82.35, subd 5
Subd. 4. MS 2002 Renumbered 82.35, subd 6
Subd. 5. MS 2002 Renumbered 82.35, subd 7
Subd. 6. MS 2002 Renumbered 82.35, subd 8
Subd. 7. MS 2002 Renumbered 82.35, subd 9
82.27 Guaranteed sale programs.
If a broker advertises or offers a guaranteed sale program, or other program whereby the broker undertakes to purchase real property in the event he or she is unable to effectuate a sale to a third party within a specified period of time, a written disclosure that sets forth clearly and completely the general terms and conditions under which the broker agrees to purchase the property and the disposition of any profit at the time of resale by the broker must be provided to the seller prior to the execution of a listing agreement.
HIST: 2004 c 203 art 2 s 54,61
Official Publication of the State of Minnesota
Revisor of Statutes