Real Estate Legislation - Minnesota

Latest Action: 03/13/2008 - Introduction and first reading, referred to Commerce and Labor

Bill Text
Residential real estate sale disclosure requirement supplemental prohibitions
clarified.

Latest Action: 03/19/2008 - Referred by Chair to Property Tax Relief and Local Sales Tax Division

Bill Text
Aggregate resource preservation property tax provided and criminal penalty
provision changed.

Latest Action: 03/11/2008 - Introduction and first reading, referred to Commerce and Labor

Bill Text
Real estate appraisal influencing prohibited, and criminal penalty imposed.

Latest Action: 03/10/2008 - Introduction and first reading, referred to Public Safety and Civil Justice

Bill Text
Uniform Disclaimer of Property Interests Act adopted.

Latest Action: 03/10/2008 - Introduction and first reading, referred to Commerce and Labor

Bill Text
Reinstatement right and other provisions modified relating to mortgage
foreclosure.

Latest Action: 03/10/2008 - Introduction and first reading, referred to Public Safety and Civil Justice

Bill Text
Mortgage redemption sales moved to end of current redemption period, and
mortgagee redemption rights eliminated.

Latest Action: 05/07/2008 - Bills not identical, R/S, SF substituted on General Register

Bill Text
HF 3888

FIRST ENGROSSMENT

Real estate transactions regulated, terms defined, and closing agents regulated.

Section 1: Statutory lines language is modified.

Section 2: Definitions are modified.
Subdivision 1. Direct risk premiums.
Subdivision 2. Title insurance.

Section 3: Closing agent; real estate closing agent language is modified.

Section 4: Table funding language is modified.
Subdivision 1. Definitions.
Subdivision 2. Requirements.

SNA 3/19/08

Latest Action: 03/06/2008 - Introduction and first reading, referred to Energy Finance and Policy Division

Bill Text
Property rights related to wind energy regulated.

Latest Action: 03/05/2008 - Introduction and first reading, referred to Commerce and Labor

Bill Text
Homeowner warranty claim repose statute adjusted.

Latest Action: 03/06/2008 - Referred by Chair to Property Tax Relief and Local Sales Tax Division

Bill Text
Taxable market value increase prohibited for homesteads owned by certain persons
age 65 years or older.

Latest Action: 02/28/2007 - Introduction and first reading

Bill Text
Modifying property appraisal requirements by the department of transportation
(DOT) under certain conditions; reducing the market value of property identified
as possibly being acquired by the department for future transportation uses
(ra)

Latest Action: 02/12/2008 - Introduction and first reading

Bill Text
Relating to property tax; expanding the definition of real estate considered
agricultural land for property tax classification purposes to include the
raising of Christmas trees grown for resale
(je)

Latest Action: 02/20/2008 - Introduction and first reading

Bill Text
Relating to local governments; limiting local government requirements for use of
certain nonconforming lots
(me)

Latest Action: 04/23/2008 - Introduction and first reading

Bill Text
Relating to civil actions; moving mortgage redemption sales to the end of the
current redemption period, defining postnotice reinstatement period and service
of the notice of a foreclosure sale upon the occupants; eliminating mortgagee
redemption rights; requiring surplus to be paid to junior lienors in order of
priority; authorizing the federal government to exercise the right to redeem
after foreclosure sales under the condition of a federal tax lien and requiring
certificate of sale redemption period reference; repealing certain provisions
relating to redemption
(rt)

Latest Action: 02/28/2007 - Introduction and first reading

Bill Text
Requiring real estate appraisers to use the state building code definition of
story above grade when performing appraisals
(rt)

Latest Action: 02/25/2008 - Author added Rest

Bill Text
Relating to mortgages; modifying the right of reinstatement and certain other
provisions relating to mortgage foreclosure; requiring taxes to be paid in full
prior to foreclosure proceedings; right of reinstatement coterminous with right
of redemption; requiring the attorney general to prepare content of notice forms
to advise consumer of rights of redemption and reinstatement to be served with
any foreclosure notice; exempting rulemaking authority
(je)

Latest Action: 03/05/2007 - Introduction and first reading

Bill Text
Relating to civil actions; providing for district court civil actions for
neglect, abuse, injury, endangerment or exploitation of vulnerable or
incapacitated adults; defining terms; extending liability to misuse of assets
and real and personal property, allowing interested persons to file actions in
district or probate court; specifying exclusion for adults dependent on
religious healing methods; specifying statute of limitations and remedies;
criminal conviction preclusion for subsequent denial of criminal conviction
(rt)

Latest Action: 03/15/2007 - Comm rpt: To pass as amend & re-ref to Finance

Bill Text
1E Authorizing the commissioner of commerce to establish and maintain an
electronic licensing database system for license origination, renewal and
tracking the completion of continuing education requirements of individual
insurance agent licensees, requiring the commissioner to pay for database costs
through imposition of a continuing education technology surcharge, specifying a
maximum surcharge fee, establishing the commerce department technology account,
permitting commissioner surcharge reduction or suspension upon reaching a
certain account balance; prohibiting an individual from selling, soliciting and
negotiating long term care insurance unless licensed as an insurance producer
for accident and health or sickness insurance or life insurance and has
completed an initial training course and ongoing training, specifying training
requirements
(me)

Latest Action: 02/20/2008 - Introduction and first reading

Bill Text
Relating to real estate; requiring sellers of residential lake property and real
estate agents to disclose and provide to buyers known existing land surveys;
specifying certain written disclosures content requirements; imposing penalties
for violations
(je)

Latest Action: 02/28/2008 - Introduction and first reading

Bill Text
Requiring the preservation of written materials relating to real or personal
property for purchase or sale, prepared for a public body and governed by the
open meeting law for a certain period of time; classifying the written materials
as protected nonpublic data
(je)