Minnesota § 16B.296 TRANSFER OF REAL PROPERTY

Minnesota Statutes

§ 16B.296 — TRANSFER OF REAL PROPERTY

Minnesota § 16B.296

PartADMINISTRATION AND FINANCE

Ch. 16BDEPARTMENT OF ADMINISTRATION

This text of Minnesota § 16B.296 (TRANSFER OF REAL PROPERTY) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 16B.296 (2026).

Text

Notwithstanding any law to the contrary, real property purchased in whole or in part with state funds may not be transferred for less than the appraised value, or if the property has not been appraised, for less than the fair market value as determined by the commissioner of administration. This section does not apply to a department listed in section15.01, the Minnesota State Colleges and Universities, the University of Minnesota, or a political subdivision of the state.

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Notwithstanding any law to the contrary, real property purchased in whole or in part with state funds may not be transferred for less than the appraised value, or if the property has not been appraised, for less than the fair market value as determined by the commissioner of administration. This section does not apply to a department listed in section15.01, the Minnesota State Colleges and Universities, the University of Minnesota, or a political subdivision of the state.