Minnesota Purchase and Sale Agreements

Commercial	Standard Residential	Residential (Realtors)	New Construction
Vacant Land

Fill in the Minnesota purchase and sale agreements after two (2) parties have mutually come to an agreement over the price of property. There are usually many other details that go along with the price such as the downpayment amount, disclosure period, financing period (if any), and more but are minor details that should be easily negotiated between the buyer and seller.

It is recommended that a lawyer or real estate agent be used to represent your interests and review all documents being used in the transaction. Once signed, the agreement is valid and enforceable by either party.

Disclosure Forms

See General Disclosure Requirements (513.55) for the exact disclosures you may need for every situation.

• Lead Based Paint Disclosure – For all residential structures built before 1978
• Property Disclosure Statement
• Radon Disclosure Statement – For more information see the Radon Awareness Act (144.496)
• Sewage System Disclosure
• Well Disclosure

Source

• www2.mnbar.org/sections/real-property/RPF.asp