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2007 Minnesota Statutes
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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
, with the intent that others rely thereon in
connection with the offer or sale of subdivided lands not excepted from sections
is a violation of sections
, 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Subd. 3.[Repealed, 1984 c 452 s 30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
Copyright © 2007 by the Revisor of Statutes, State of Minnesota. All rights reserved.