Current through Register Vol. 49, No. 8, August 19, 2024
Section 513.54 - EXCEPTIONSThe seller disclosure requirements in sections 513.52 to 513.60 do not apply to any of the following:
(1) real property that is not residential real property;(2) a gratuitous transfer;(3) a transfer pursuant to a court order;(4) a transfer to a government or governmental agency;(5) a transfer by foreclosure or deed in lieu of foreclosure;(6) a transfer to heirs or devisees of a decedent;(7) a transfer from a cotenant to one or more other cotenants;(8) a transfer made to a spouse, parent, grandparent, child, or grandchild of the seller;(9) a transfer between spouses resulting from a decree of marriage dissolution or from a property settlement agreement incidental to that decree;(10) a transfer of newly constructed residential property that has not been inhabited;(11) an option to purchase a unit in a common interest community, until exercised;(12) a transfer to a person who controls or is controlled by the grantor as those terms are defined with respect to a declarant under section 515B.1-103, clause (2);(13) a transfer to a tenant who is in possession of the residential real property; or(14) a transfer of special declarant rights under section 515B.3-104.