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2005 Minnesota Statutes Index (topics)

REAL ESTATE BROKERS AND AGENTS

Access, statutes and rules, Minn. Statutes 2005 82.48

Address, supplying to commissioner, Minn. Statutes 2005 45.0112

Advertising, Minn. Statutes 2005 82.21, 2005 82.22, 2005 82.41

Agency relationships

Continuing education about, Minn. Statutes 2005 82.32

Disclosure, Minn. Statutes 2005 82.21 to 2005 82.22

Attorneys, discouraging use of, Minn. Statutes 2005 82.37, 2005 82.41

Brokers

Definitions, Minn. Statutes 2005 82.17, 2005 82.22, 2005 82.23, 2005 363A.03

Employer identification numbers, Minn. Statutes 2005 82.50

Guaranteed sale programs, Minn. Statutes 2005 82.27

Incapacity, temporary permits, Minn. Statutes 2005 82.34

Interest-bearing trust accounts, establishing, Minn. Statutes 2005 82.50

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2005 481.02

Licenses, Minn. Statutes 2005 82.34

Responsibilities, generally, Minn. Statutes 2005 82.48

Responsibility for acts of salespeople and closing agents, Minn. Statutes 2005 82.34

Unclaimed Property Act, compliance, Minn. Statutes 2005 82.51

Business licenses, exception, Minn. Statutes 2005 116J.70

Buyer representation agreements

Disclosure addendum, Minn. Statutes 2005 82.22

Negotiations by other real estate licensees, Minn. Statutes 2005 82.41

Buyer's broker agreements, Minn. Statutes 2005 82.21, 2005 82.41

Censure, Minn. Statutes 2005 82.48

Checks received by, deposits, Minn. Statutes 2005 82.50

Closing agents

Choice of agents, Minn. Statutes 2005 507.45

Fees, Minn. Statutes 2005 82.41, 2005 507.45

Funds, disbursement, Minn. Statutes 2005 82.49

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2005 481.02

Licenses, see same under this topic

Place of business, Minn. Statutes 2005 56.12

Table funding, Minn. Statutes 2005 82.49

Closing services, Minn. Statutes 2005 82.41

Closing statements, Minn. Statutes 2005 82.37

Collection agencies, exclusion, Minn. Statutes 2005 332.32

Commercial real estate, continuing education, Minn. Statutes 2005 82.32

Compensation for sale, purchase, lease, rental, or management of real property

Disclosures about, Minn. Statutes 2005 82.21

Requirements, generally, Minn. Statutes 2005 82.19

Splitting, Minn. Statutes 2005 82.41

Complaints, Minn. Statutes 2005 82.48

Conflicts of interest, Minn. Statutes 2005 82.50

Continuing education, Minn. Statutes 2005 82.32

Contracts and agreements

Buyer's broker agreements, Minn. Statutes 2005 82.21, 2005 82.41

Exclusive agreements, Minn. Statutes 2005 82.37, 2005 82.41

Family farm security program, Minn. Statutes 2005 41.56

Listing agreements, see LISTING AGREEMENTS

Residential real estate closings, Minn. Statutes 2005 507.45

Contracts for deed

Sale of, securities license, exemption, Minn. Statutes 2005 80A.041

Corporations, licenses, Minn. Statutes 2005 82.31

Courses of study, Minn. Statutes 2005 82.29, 2005 82.32

Credit services organizations, exclusion, Minn. Statutes 2005 332.52

Crimes, Minn. Statutes 2005 82.39, 2005 82.40, 2005 82.43

Definitions

Brokers, Minn. Statutes 2005 82.17, 2005 82.22, 2005 82.23

Generally, Minn. Statutes 2005 82.17

Human Rights Act, Minn. Statutes 2005 363A.03

Disclosures

Buyer's broker agreements, Minn. Statutes 2005 82.21

Closing costs, Minn. Statutes 2005 82.37

Documents, Minn. Statutes 2005 82.37

Dual agency, Minn. Statutes 2005 82.21, 2005 82.22

Financial planning products or services, Minn. Statutes 2005 82.41

Generally, Minn. Statutes 2005 82.22

Guaranteed sale programs, Minn. Statutes 2005 82.27

Listed property information, Minn. Statutes 2005 82.48

Listing agreements, Minn. Statutes 2005 82.21

Representation of parties, Minn. Statutes 2005 82.41

Residential real estate closings, services, Minn. Statutes 2005 507.45

Right to recover in compensation action, effect of disclosures on, Minn. Statutes 2005 82.18

Seller disclosure statements, duties, Minn. Statutes 2005 513.55, 2005 513.56

Tax returns, Minn. Statutes 2005 270B.07

Discrimination

Antidiscrimination laws, continuing education, Minn. Statutes 2005 82.32

Unfair discriminatory practices, see under REAL PROPERTY

Documents, copies to interested parties, Minn. Statutes 2005 82.45

Dual agency

Change in broker's representation, Minn. Statutes 2005 82.41

Defined, Minn. Statutes 2005 82.17

Disclosures about, Minn. Statutes 2005 82.21, 2005 82.22

Listing agreements, Minn. Statutes 2005 82.21

Education and training, Minn. Statutes 2005 82.29

Employees, supervision, Minn. Statutes 2005 82.48

Examinations, Minn. Statutes 2005 82.29

Exclusive agency agreements, Minn. Statutes 2005 82.37, 2005 82.41

Exemptions from law, membership camping contracts

Brokers and salespersons, Minn. Statutes 2005 82A.26

Fees

Charging, Minn. Statutes 2005 82.41

Licenses, Minn. Statutes 2005 82.24, 2005 82.34

Residential real estate closings, Minn. Statutes 2005 507.45

Trunk highway lands, sale, Minn. Statutes 2005 161.23, 2005 161.43, 2005 161.44

Financial planning products or services, disclosure, Minn. Statutes 2005 82.41

Finder's fees, Minn. Statutes 2005 82.41

Foreclosure consultants, exclusion, Minn. Statutes 2005 325N.01

Forms, agency disclosure, Minn. Statutes 2005 82.22

Fraudulent, deceptive, and dishonest practices, Minn. Statutes 2005 82.41

Generally, Minn. Statutes 2005 82.17 to 2005 82.51

Guaranteed sale programs, Minn. Statutes 2005 82.27

Guarantees of future profits, Minn. Statutes 2005 82.41

Insurance, unfair competition, Minn. Statutes 2005 72A.31

Lawsuits

Compensation, actions, Minn. Statutes 2005 82.18

Contract enforcement actions, Minn. Statutes 2005 82.18

Licenses

Applications, Minn. Statutes 2005 82.31, 2005 82.35

Brokers, Minn. Statutes 2005 82.34

Business license, exception, Minn. Statutes 2005 116J.70

Cancellation, Minn. Statutes 2005 82.33

Commercial property managers, Minn. Statutes 2005 491A.02

Community development corporations, exemptions, Minn. Statutes 2005 116J.982

Corporate and partnership licenses, Minn. Statutes 2005 82.31

Denial, revocation, or suspension, Minn. Statutes 2005 82.35, 2005 82.48

Education requirements, Minn. Statutes 2005 82.29

Exceptions, Minn. Statutes 2005 82.23

Exemptions, Minn. Statutes 2005 82.34, 2005 327B.04

Failure to renew, Minn. Statutes 2005 82.33

Fees, Minn. Statutes 2005 82.24, 2005 82.34, 2005 82.43

New licenses after name change, Minn. Statutes 2005 82.39

Nonresidents, Minn. Statutes 2005 82.34

Partnerships, Minn. Statutes 2005 82.31

Reciprocity, Minn. Statutes 2005 45.0292, 2005 82.44

Reinstatement, Minn. Statutes 2005 82.43

Renewals, Minn. Statutes 2005 82.33, 2005 82.43

Rental services, Minn. Statutes 2005 82.46

Requirements, Minn. Statutes 2005 82.29, 2005 82.34, 2005 82.41

Rulemaking, Minn. Statutes 2005 82.34, 2005 82.35, 2005 82.47

Salespersons, Minn. Statutes 2005 82.34

Securities licenses, exemption, Minn. Statutes 2005 80A.041

Securities sales, limitations, Minn. Statutes 2005 82.41

Subdivided land sales, Minn. Statutes 2005 83.25

Suspension or revocation, Minn. Statutes 2005 82.35, 2005 82.43, 2005 82.48

Tax clearance, Minn. Statutes 2005 82.35

Temporary licenses, Minn. Statutes 2005 45.0111

Term, Minn. Statutes 2005 82.34

Transfer, Minn. Statutes 2005 82.34

Withdrawal, Minn. Statutes 2005 82.34

Listing agreements, see LISTING AGREEMENTS

Loan brokers, Minn. Statutes 2005 82.17, 2005 82.36

Low-income housing, operation and management, Minn. Statutes 2005 469.018

Manufactured home sales, Minn. Statutes 2005 327B.04

Market analysis, Minn. Statutes 2005 82B.02, 2005 82B.035

Mortgage brokers, Minn. Statutes 2005 47.206, 2005 58.02

Multiple listing services, private

Sales sheets, data, classification, Minn. Statutes 2005 13.51

Negotiations, Minn. Statutes 2005 82.37

Nonagency services, agreements for, negotiations by other real estate licensees, Minn. Statutes 2005 82.41

Nonresidents, Minn. Statutes 2005 82.34, 2005 82.38

Notice given, Minn. Statutes 2005 45.0112, 2005 82.31, 2005 82.39

Offers, duties, Minn. Statutes 2005 82.37

Partnerships, licenses, Minn. Statutes 2005 82.31

Primary brokers, Minn. Statutes 2005 82.17, 2005 82.48

Prohibitions, Minn. Statutes 2005 82.41

Property sale and acquisition, Minn. Statutes 2005 373.01

Public information program, Minn. Statutes 2005 82.42

Purchase agreements, Minn. Statutes 2005 82.22, 2005 82.41

Real estate appraisers, see REAL ESTATE APPRAISERS

Real estate education, research and recovery fund, Minn. Statutes 2005 82.43

Records and record keeping

Loan brokers, Minn. Statutes 2005 82.36

Primary brokers, Minn. Statutes 2005 82.48

Responsibility, Minn. Statutes 2005 82.48

Retention of documents, Minn. Statutes 2005 82.45

Trust funds, Minn. Statutes 2005 82.50

Rental services, Minn. Statutes 2005 82.46

Reports given, continuing education, Minn. Statutes 2005 82.32

Representation

Electronic Real Estate Recording Task Force, Minn. Statutes 2005 507.094

Residential mortgage originator licenses, Minn. Statutes 2005 58.04, 2005 58.05

Salespersons

Broker's responsibility for, Minn. Statutes 2005 82.34

Defined, Minn. Statutes 2005 82.17, 2005 363A.03

Legal documents, drafting, unauthorized practice of law, Minn. Statutes 2005 481.02

Licenses, Minn. Statutes 2005 82.34

Seller's brokers, Minn. Statutes 2005 82.22

Service of process on

Substituted service, Commerce Department, Minn. Statutes 2005 82.38

Services

Farms, estate planning and transfer, Minn. Statutes 2005 17.985

Residential real estate closings, Minn. Statutes 2005 507.45

Trunk highway land, sales, Minn. Statutes 2005 161.23, 2005 161.43, 2005 161.44

Social Security numbers, identification, Minn. Statutes 2005 82.35

Standards of conduct, Minn. Statutes 2005 82.48

Subagents, Minn. Statutes 2005 82.22

Subdivided land sales, see SUBDIVIDED LAND

Table funding, Minn. Statutes 2005 58.13, 2005 82.49

Tax returns, disclosure, Minn. Statutes 2005 270B.07

Taxes, delinquent, licenses withholding for, Minn. Statutes 2005 82.35

Telephone number, supplying to commissioner, Minn. Statutes 2005 45.0112

Temporary permits, Minn. Statutes 2005 82.34

Time, computation of, Minn. Statutes 2005 82.20

Trust funds

Credit unions, depositing in, Minn. Statutes 2005 52.04

Incomplete transactions, Minn. Statutes 2005 82.19

Real estate trust accounts, Minn. Statutes 2005 52.04, 2005 82.41, 2005 82.50

Savings associations, depositing with, Minn. Statutes 2005 51A.23

Unfair discriminatory practices, see under REAL PROPERTY

Violations and penalties

Exclusions from valuation, failure to disclose, Minn. Statutes 2005 82.21

Fraudulent, deceptive, or dishonest practices, Minn. Statutes 2005 82.41

Generally, Minn. Statutes 2005 82.40

Manufactured home sales laws, effect, Minn. Statutes 2005 327B.04

Real estate education, research and recovery fund lawsuits, false or untrue statements, Minn. Statutes 2005 82.43

Requiring particular lender, attorney or other professional, Minn. Statutes 2005 82.21

Securities sales outside scope of license, Minn. Statutes 2005 82.41

Self-serving provisions, Minn. Statutes 2005 82.41

700 State Office Building, 100 Rev. Dr. Martin Luther King Jr. Blvd., St. Paul, MN 55155 ♦ Phone: (651) 296-2868 ♦ TTY: 1-800-627-3529 ♦ Fax: (651) 296-0569