In this video, we will go over everything you need to know about Minnesota real estate purchase agreements. 1. Sale of Property.A Minnesota purchase agreement records the negotiated terms of a real estate transaction. It includes the purchase price, closing date, financing options, and other terms. Optimize and streamline your real estate transactions in Minnesota with a time-saving, legally binding Minnesota Real Estate Purchase Agreement template. Get a comprehensive understanding of Minnesota real estate purchase and sale agreements with our indepth overview and free template. For example, landlords may want to know how rent control functions in the state before attempting to make any changes. 3. Property. Fill out the street (physical) address of the property the buyer is purchasing. Include any unit or apartment number, if applicable. Real estate taxes and installments of special assessments which are due and payable in the year in which this Contract is dated shall be paid as follows:.