Minn. R. agency 167, ch. 7190, PROPERTY DAMAGE LOSSES, pt. 7190.1140

Current through Register Vol. 49, No. 24, December 9, 2024

Part 7190.1140 - PROPERTY PURCHASED AFTER DATE OF DISCOVERY

A residence purchased by the claimant for use as a residential homestead after the date of discovery of contamination is eligible as the claimant's principal residence if it is used as the claimant's residential homestead and the claimant can show that:

A. a written purchase agreement or contract which committed the claimant to purchase the property was made prior to the date of discovery of contamination; or

B. the property was purchased with the reasonable expectation that the property damage would be fully remedied by public or other funding sources without cost to the claimant.

Minn. R. agency 167, ch. 7190, PROPERTY DAMAGE LOSSES, pt. 7190.1140

16 SR 2162

Statutory Authority: MS s 115B.34