REAL ESTATE TAXES: Real estate taxes due and payable in the year of closing shall be prorated between Seller and. THIS AGREEMENT is made as of.REAL ESTATE TAXES: Real estate taxes due and payable in the year of closing shall be prorated between Seller and. 54. In this video, we will go over everything you need to know about Minnesota real estate purchase agreements. AGC of Minnesota's Contracts Committee provides short form construction contracts for owners, contractors, subcontractors, and material suppliers. Construction Services forms for state agencies, construction contracts, and consultant contracts. If designating a registered agent, it must be a person residing in Minnesota, a Minnesota entity, or foreign entity authorized to do business in this state. Seller is the owner of certain real estate located in the City of Willmar,. Kandiyohi County, Minnesota, totaling 2.28 acres in size, identified as Parcel Nos. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price.