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Minnesota Commercial Real Estate Purchase and Sale Agreement

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Updated November 17, 2025

A Minnesota commercial real estate purchase and sale agreement records an agreement between the buyer and seller of a commercial property. It includes all pertinent information about the offer, including the proposed purchase price, contingencies, deposits, closing dates, and costs.

Disclosures

Location of Wells – Sellers must notify potential buyers about the status and location of all known wells on the property.[1]Sewage Treatment Systems – Buyers must be given a statement regarding how sewage generated by the property is managed.[2]

Controlled Substances – If the seller has any knowledge of past methamphetamine production on the property they must disclose this to the buyer.[3]