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MN SF3341

Bill

Status

Introduced

3/14/2018

Primary Sponsor

Matt Klein

Click for details

Origin

Senate

90th Legislature 2017-2018

AI Summary

  • Amends Minnesota Statutes section 103I.235 to require sellers to disclose all known wells on residential property before signing a sales agreement, including well status (in use, not in use, or sealed) and location information.

  • Requires water analysis results for bacteria, nitrate, and arsenic from certified laboratories within the previous six months for each well providing potable water to the property.

  • Mandates county recorders collect a $50 fee per well disclosure certificate, with $42.50 transmitted quarterly to the commissioner of health, who must maintain certificates for at least six years.

  • Exempts certain property transfers from well disclosure requirements, including sales of severed mineral interests and individual condominium units, and allows buyers to sign certificates if sellers fail to provide them.

  • Creates new statute section 513.62 establishing that sellers of residential real property must comply with well disclosure requirements under section 103I.235.

Legislative Description

Well disclosure requests in real property sales authorization

Last Action

Author added Abeler

3/21/2018

Committee Referrals

Judiciary and Public Safety Finance and Policy3/14/2018

Full Bill Text

No bill text available