A Minnesota land contract is a legally binding document used to transfer ownership of vacant land between two parties. A Minnesota purchase agreement records the negotiated terms of a real estate transaction.Customize the agreement: Fill in the template with specific details of the transaction. This guide examines key paperwork filings mandatory for legally transferring land ownership based on unique sale terms applicable across Minnesota markets. In this video, we will go over everything you need to know about Minnesota real estate purchase agreements. This document must specify the price the buyer offers, the payment method, and the duration for which the offer stands. In Minnesota, a buyer who wishes to purchase a residential property must use a legal document known as a purchase or sale agreement to propose the deal. Customize and Download this "Minnesota Land Purchase Agreement". Send mn vacant land purchase agreement via email, link, or fax. You can also download it, export it or print it out.