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MN HF3950
Bill
Status
3/2/2020
Primary Sponsor
Todd Lippert
Click for details
AI Summary
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Sellers must disclose in writing to buyers the status and location of all known wells before signing a property sale agreement, including legal description, county, and a map showing each well's location.
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For each well providing potable water, sellers must provide water analysis results for bacteria, nitrate, arsenic, and lead conducted by a certified laboratory within the previous six months.
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At closing, sellers must provide a well disclosure certificate signed by the seller or authorized representative, containing buyer information and the quartile, section, township, and range of each well's location.
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County recorders must collect a $50 fee for receipt of a completed well disclosure certificate and transmit $42.50 of that fee quarterly to the commissioner of health, who must maintain certificates for at least six years.
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A seller of residential real property must comply with all well disclosure requirements, with exemptions for severed mineral interest sales and individual condominium unit transfers.
Legislative Description
Well disclosure requirements provided.
Last Action
Committee report, to adopt as amended and re-refer to Commerce
3/12/2020