Minnesota contract deadlines and disclosures
A quick checklist for Minnesota agents, from signed contract to closing. Use it as a starting point: your signed contract always wins.
The contract
Most residential deals use the Purchase Agreement (Minnesota REALTORS), published by Minnesota REALTORS. Closings are usually handled by a title company.
Typical deadlines
Days are common starting points, not rules. Many are negotiated in every contract.
| Deadline | Typical timing | Note |
|---|---|---|
| Contract fully signed (Effective Date) | When the last party signs (day 0) | |
| Earnest money delivered | 2 business days after signing | |
| Loan application | 5 days after signing | Only if your contract includes it |
| Inspection contingency ends | 10 business days after signing | Set in each contract; typical shown |
| Repair response / inspection resolution | 3 days after Inspection contingency ends | Only if your contract includes it |
| Appraisal contingency | 21 days after signing | Set in each contract; typical shown. Only if your contract includes it |
| Financing (loan approval) contingency | 30 days after signing | Set in each contract; typical shown |
| Title commitment delivered | 14 days after signing | Only if your contract includes it |
| Title objections | 5 days after Title commitment delivered | Only if your contract includes it |
| CIC resale disclosure certificate delivered (10-day review) | 10 days after signing | Only if your contract includes it |
| Closing | 35 days after signing | Set in each contract; typical shown |
| Final walkthrough | 1 day before Closing | |
| Possession | Same day as Closing |
Disclosures and required forms
Required: Seller's disclosure of material facts before signing (Minn. Stat. 513.55), or an approved alternative
If it applies: Well disclosure and certificate (confirm with your broker)
If it applies: Septic disclosure (confirm with your broker)
Required: Radon disclosure + MDH publication (Minnesota Radon Awareness Act) (confirm with your broker)
If it applies: Methamphetamine disclosure (confirm with your broker)
If it applies: Lead-based paint disclosure (built before 1978)
Money at closing
Transfer tax: Deed tax 0.33% (seller customarily) and mortgage registry tax 0.24% on a new loan (buyer). (confirm with your broker)
Let Reta track it for you
Upload your signed contract and Reta builds this timeline with your real dates, reminds you before each deadline, and drafts the emails to your client, lender and title for you to approve. Your first deal is free.
This guide is general information for licensed agents, not legal advice. Rules and forms change; confirm with your broker or a local attorney. Last checked 2026-11-10.