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Current as of January 01, 2023 | Updated by FindLaw Staff
Subdivision 1. Compliance with rules. A person may not sell lots, units, parcels, or interests within a subdivision subject to a blanket encumbrance without having complied with such rules as the commissioner may promulgate concerning such sales, which rules shall be specific requirements for the protection of the purchaser.
Subd. 2. Use of prohibited practice. The act, use, or employment by any person of any prohibited practice as set forth in section 83.24, with the intent that others rely thereon in connection with the offer or sale of subdivided lands not excepted from sections 83.20 to 83.42, 83.43 and 83.44 is a violation of sections 83.20 to 83.42, 83.43 and 83.44, whether or not any person has in fact been damaged thereby.
Subd. 3. Repealed by Laws 1984, c. 452, § 30, eff. Sept. 1, 1984.
Cite this article: FindLaw.com - Minnesota Statutes Real Estate Sales Regulations (Ch. 82-83) § 83.33. Blanket encumbrance sales and other prohibited acts - last updated January 01, 2023 | https://codes.findlaw.com/mn/real-estate-sales-regulations-ch-82-83/mn-st-sect-83-33/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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