Minnesota Well Disclosure of Grantee in Deed

State:
Minnesota
Control #:
MN-10.7.1
Format:
PDF
Instant download

Description Mn State Statute Requring Form 10 7 1

This form is one of the Uniform Conveyancing Blanks developed by Minnesota Uniform Conveyancing Blanks Commission pursuant to Minnesota Code Section 507.09. These forms, which pertain to the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien, have been approved by the Commissioner of Commerce. The form is available here in PDF format.

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Mn Well Disclosure Form Form popularity

Minnesota Well Disclosure Other Form Names

Mn Uniform Conveyancing Blanks  

FAQ

A Well Disclosure Certificate is required to be filed when there are wells on the property. 25aa At the time of closing, the well disclosure statement information, along with the property buyer's name and mailing address, must be provided on a Well Disclosure Certificate (WDC) form.

One question all sellers are required by law to answer on the Real Estate Transfer Disclosure Statement is whether there are any neighborhood noise problems or other nuisances. If the answer is yes, the seller must explain that answer in detail.

What is a Seller Disclosure Statement? A seller disclosure statement is a form where the seller and real estate agent disclose any issues they are aware of that could negatively affect the value of the home. Signing this statement is part of the escrow process.

Exempt Seller Disclosure Breakdown The ESD form provides sellers who are exempt from the TDS a shortened disclosure to disclose any known facts about the subject property.

The cost of water well sealing services, often known as capping or well abandonment, range from $500 to $4,000 or more. For an estimate, please call us at 763-479-2272.

The Minnesota Groundwater Protection Act of 1989 (Minnesota Statutes, Chapter 103I) is the law which regulates well construction in Minnesota. In most cases, the law requires that a well must be installed by a licensed well contractor.A brief summary of regulations for drive-point well construction is attached.

Minnesota Statutes § 513.55 broadly describes what a Minnesota seller's disclosures must include, starting with this simple statement: Before signing an agreement to sell or transfer residential real property, the seller shall make a written disclosure to the prospective buyer." That disclosure needs to include all "

Wells need to be sealed by a licensed well contractor. This service can cost between $500 to $1,500 or more for sealing an average four-inch diameter domestic well. Our grant program can cover as much as 50% of the total well sealing costs, up to $750 per well.

California's Especially Stringent Disclosure Requirements Sellers must fill out and give the buyers a disclosure form listing a broad range of defects, such as a leaky roof, deaths that occurred within three years on the property, neighborhood nuisances such as a dog that barks every night, and more.

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Minnesota Well Disclosure of Grantee in Deed