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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 "
We called our buyer's agent and she went to the seller's agent. Apparently, they gave us the wrong disclosure statement.And, if a seller lies, the buyer is entitled to go after the seller for damages sustained because of an omission in the disclosure statement given to the buyer.
Currently, the non-disclosure states are Alaska, Idaho, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming. In Missouri, some of their counties (parishes to us Louisianians) are non-disclosure as well.
Examples of material facts that must be disclosed include structural problems with the house, soil problems, a leaking roof, unpermitted construction, neighborhood noise problems, and anything else that a buyer would deem to be important.