Minnesota § 82.74 - GUARANTEED SALE PROGRAMS

Full text of Minnesota Minnesota Statutes § 82.74 — GUARANTEED SALE PROGRAMS, with citation guidance and answers to common questions.

§ 82.74. GUARANTEED SALE PROGRAMS

If a broker advertises or offers a guaranteed sale program, or other program whereby the broker undertakes to purchase real property in the event he or she is unable to effectuate a sale to a third party within a specified period of time, a written disclosure that sets forth clearly and completely the general terms and conditions under which the broker agrees to purchase the property and the disposition of any profit at the time of resale by the broker must be provided to the seller prior to the execution of a listing agreement.

History:

2004 c 203 art 2 s 54,61

Official Publication of the State of Minnesota
Revisor of Statutes

Frequently Asked Questions About Minnesota § 82.74

What does Minnesota Statutes § 82.74 cover?

Section 82.74 ("GUARANTEED SALE PROGRAMS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 82.74?

A common citation format is "Minnesota Statutes § 82.74" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 82.74 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.