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558A.12 REPORT OF OPEN-MARKET SALE.

The referee or referees shall file a report with the court containing the following information:

(1) a description of the property to be sold to each buyer;

(2) the name of each buyer;

(3) the proposed purchase price;

(4) the terms and conditions of the proposed sale, including the terms of any owner financing;

(5) the amounts to be paid to lienholders;

(6) a statement of contractual or other arrangements or conditions of the broker's commission; and

(7) other material facts relevant to the sale.

Official Publication of the State of Minnesota
Revisor of Statutes