Minnesota Statutes 83.44 – Prohibited Practices
Current as of: 2023 | Check for updates
|
Other versions
It is unlawful for any person, in connection with the offer or sale of any subdivided land or interests therein, directly or indirectly:
Terms Used In Minnesota Statutes 83.44
- Fraud: Intentional deception resulting in injury to another.
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state material facts necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading;
(c) to engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person; or
(d) to accept an advance payment for services rendered by an agent in connection with the resale of a time share interest.