Minnesota HF1430 modifies well disclosure certificate requirements, establishes a fee, and appropriates funds for an information technology system.

Minnesota HF1430 amends well disclosure certificate requirements for real property sales. Sellers must provide buyers with information about wells on the property, either through a written statement or a disclosure statement with a map. Buyers can sign a well disclosure certificate if the seller fails to provide one. A fee of $50 is established for each well disclosure certificate. The bill also appropriates funds for the development of an information technology system to manage well disclosure certificates, including electronic submission and a searchable database.

Minnesota HF1430 modifies well disclosure certificate requirements, establishes a fee, and appropriates funds for an information technology system.

Minnesota HF1430 amends well disclosure certificate requirements for real property sales. Sellers must provide buyers with information about wells on the property, either through a written statement or a disclosure statement with a map. Buyers can sign a well disclosure certificate if the seller fails to provide one. A fee of $50 is established for each well disclosure certificate. The bill also appropriates funds for the development of an information technology system to manage well disclosure certificates, including electronic submission and a searchable database.