83.33 BLANKET ENCUMBRANCE SALES AND OTHER PROHIBITED ACTS.
Subdivision 1.
Compliance with rules. A person may not sell lots, units, parcels, or interests
within a subdivision subject to a blanket encumbrance without having complied with such
rules as the commissioner may promulgate concerning such sales, which rules shall be specific
requirements for the protection of the purchaser.
Subd. 2.
Use of prohibited practice. The act, use, or employment by any person of any
prohibited practice as set forth in section
83.24, with the intent that others rely thereon in
connection with the offer or sale of subdivided lands not excepted from sections
83.20 to
83.42,
83.43 and
83.44 is a violation of sections
83.20 to
83.42,
83.43 and
83.44, whether or not any
person has in fact been damaged thereby.
Subd. 3.[Repealed,
1984 c 452 s 30]
History: 1973 c 413 s 14; 1984 c 452 s 17,18; 1986 c 444