A contract for deed (sometimes called an installment purchase contract or installment sale agreement) is a real estate transaction in which the purchase of the property is financed by the seller rather than a third party such as a bank, credit union or other mortgage lender.
Minnesota statute requires a disclosure from the seller when a contract for deed is being used.
Where Can I Get A Copy of the Disclosure Form?
There are two ways to get this form:
- The Minnesota Bar publishes a set of residential real estate forms, including contracts and disclosures. These forms are available for free on their website, you just need to sign up and take a short survey.
- The Minnesota Association of Realtors publishes the disclosure form. We will provide you a copy of the form, and any other Minnesota disclosure, for free when you list on the MLS through us for a one-time fee of $95.
Include Your Disclosures on Your MLS Listing
When you list your home on the MLS with homecoin.com for a one-time fee of $95, we will upload your disclosures directly in your MLS listing, so you can easily comply with Minnesota law. Learn more about our flat fee MLS service here: https://homecoin.com/flat-fee-mls/minnesota
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