Truth in Sale of Housing
The Truth-in-Sale of Housing ordinance is meant to provide accurate information on the condition of property for sale and to help Minneapolis keep up the quality of housing available in the city. Truth in Sale of Housing reports are valid for 2 years or one sale.
New and Noteworthy
Truth in Sale in Housing will be offering an evaluator exam on Friday, October 3, 2014 at 9:00 a.m. Follow the link "To become an evaluator" for more information.
Effective May 6, 2013, all Buyers who intend to use the property for rental must complete all required repairs on the Disclosure Report and submit the Buyer Certificate of Completion with the rental application.
|Properties Covered by Ordinance|
|Types of residence||Types of sales|
Sale by owner
Truth in Housing ordinance requires:
- A Truth in Housing evaluation (disclosure report) is needed for any sale of a single-family house, duplex, townhouse, or first-time condo conversion. The report needs to be done within 3 days of offering the property for sale (by listing, advertising, for-sale sign, etc) and before it can be shown to prospective buyers. The evaluation can only be done by a Minneapolis licensed evaluator.
- The evaluation covers certain items and identifies required repairs. A copy of the evaluation report, the Certificate of Approval (if issued), and the list of repair items, can be found on the City’s Property Information website.
- The Truth in Housing Evaluation must also be displayed on the property so potential buyers can view at it.
- Repairs must be made when a house is sold. Buyers must sign the Acknowledgement of Responsibility (unless a Certificate of Approval has been issued) and file it with the City of Minneapolis within 1 day of the closing. The buyer then has 90 days to complete all required repairs. Learn more about required repairs.
- After the repairs have been completed, a re-inspection must be done. This is separate from the initial evaluation.
- See Minneapolis Code of Ordinances, Title 12 Housing, Chapter 248: Truth in Sale of Housing and Chapter 250: Condominium Conversions.
What the Evaluation Includes
Below is a general list of what an evaluator will look at during a Truth-in-Housing evaluation. This is not a comprehensive list. Evaluators will provide you with a report explaining what (if any) repairs need to be made.
See Common Required Repairs for information on items that frequently need to be fixed by either the seller or buyer.
|Items Covered||Items Not Covered|
Attic space & insulation
These items are looked at but will not results in a required repair:
30-amp or 60-amp electrical service, as long as it is not tampered with or over-fused.
These items are not looked at:
Non-essential systems such as woodstoves, fireplaces, or air conditioners.
Condemned properties requiring a code compliance inspection have additional requirements and costs. See Code Compliance for Condemned Buildings for additional important information and forms before you buy.
Last updated Jul 14, 2014