Minnesota Administrative Rules

7190.1170 RESIDENTIAL PROPERTY THAT HAS BEEN SOLD.

Residential property that has been sold by the claimant is eligible as the claimant's principal residence if:

A.

the property was the residential homestead of the claimant on the date of discovery of contamination; and

B.

the claimant was assessed or otherwise realized the loss before the sale or at the time of the sale, or the claimant expressly agrees in the sale agreement to reimburse the buyer when the amount of loss becomes known.

Statutory Authority:

MS s 115B.34

History:

16 SR 2162

Published Electronically:

August 18, 2005