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If the project consists of no more than 100 potential sales the seller must submit an application found in Minnesota Rules 2810.9940. The documents require to be filed are disclosed in the application and in Minnesota Rules 2810. A fee of $150.00 is required.
Registration by Qualification
If the project consists of 101 or more potential sales:
The seller must submit an application found at Minnesota Rules 2810.9910 and a public offering statement found at Minnesota Rules 2810.9930. Minnesota will accept the public offering statement for out of state projects if the project has been approval by the state where the land is located and it is similar to the Minnesota form. Other documents required to be filed are disclosed in the application and elsewhere in Minnesota Rules 2810.
A filing fee of $400 plus an additional registration fee of $1 for each lot, unit, parcel, or interest included in the offering accompanies the application. The maximum initial registration fees shall in no event be more than $3,500.
Registration Exemptions
Please see Minnesota Statute § 83.26 for a detailed list of subdivided land registration exemptions.
