Property purchased by the claimant for the purpose of owning and occupying a residence including construction of a new residence on that property is eligible as the claimant's principal residence if the claimant:
had purchased the property, or contracted for the purchase of the property, as shown by a written purchase agreement, before the date of discovery of contamination; and
can demonstrate to the Pollution Control Agency that before the date of discovery of contamination the claimant intended to occupy a home as a residential homestead on the property.
The intent to occupy a principal residence on the property before the date of discovery of contamination, as required in subpart 1, item B, may be demonstrated by construction contracts or plans, a public listing or advertisement to sell the current residence, or other documents or actions that make a similar showing.
MS s 115B.34
16 SR 2162; L 2002 c 379 art 2 s 23
August 18, 2005
Official Publication of the State of Minnesota
Revisor of Statutes