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The Purchase Agreement

What’s a CIC Addendum?  

Townhomes and Condos for sale

In Minnesota when you purchase a townhome or condominium most of the time you will include a CIC (Common Interest Community) Addendum.  Simply stated, this addendum gives the buyer 10 days to review the community’s financial documents, rules and regulations,…

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Arbitration in Minnesota Real Estate Transactions

MN Real Estate Contracts

The Minnesota Purchase Agreement for your new home will have a form titled:  DISCLOSURE STATEMENT: ARBITRATION DISCLOSURE AND RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT This form, while part of your paperwork, does not require that you sign it.  Arbitration is completely voluntary.  So let’s…

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