Selling a House 'As-Is' in Minneapolis, MN: MN Stat. §§ 513.55–513.60 Written Disclosure Waivers

Author: Marcus Lindqvist (Direct Real Estate Acquisitions Director — Minneapolis & Hennepin County)

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Technical Reviewer: Sarah Vangen-Krogh, J.D. (Minnesota Torrens & Abstract Title Curative Specialist, MN Uniform Probate Code (Ch. 524) & Foreclosure Redemption (§ 580.23) Advisor)

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Published: June 04, 2026 (Updated 2026-09-14)

Key Takeaways for Minneapolis, MN Property Owners

Statutory & Municipal Framework: Direct acquisitions in Minneapolis comply with Minnesota Residential Real Estate Disclosure Act (MN Stat. §§ 513.52 to 513.60) and Minneapolis CPED Construction Code Services (Public Service Building, 505 Fourth Ave S) transfer protocols.
Acquisition Structure: Executing Statutory MN Stat. § 513.60 Written Disclosure Waiver & Non-Recourse As-Is Cash Purchases delivers Complete elimination of post-closing buyer arbitration demands under MN Stat. § 513.57 for homeowners across Hennepin County.
Obstacle Elimination: Bypasses 2-year post-closing lawsuit and arbitration liability under MN Stat. § 513.57 when selling an older home to a retail buyer near major corridors like I-94, I-35W, I-394, MN-55 (Hiawatha Ave), MN-62 (Crosstown), MN-65 (Central Ave NE), Washington Ave, Hennepin Ave, Lake St, Broadway St NE and local districts (Mandatory City of Minneapolis Truth in Sale of Housing (TISH) evaluation plus mandatory Point-of-Sale Rainleader Disconnection; Required Repair ('R') items can be assumed by a direct cash buyer via a Certificate of Approval.).
Title & Net-Proceeds Advantage: Verified through Mutual Written Waiver of Seller's Disclosure under MN Stat. § 513.60 & Professional Due Diligence, securing peace of mind knowing a retail buyer cannot sue you 18 months after closing over a wet basement in Minneapolis in Minneapolis.

Why Checking 'As-Is' on a Standard MLS Addendum Does NOT Waive MN Stat. § 513.55
How MN Stat. § 513.60 Allows Buyer & Seller to Mutually Waive the Written Disclosure Statement
Eliminating the 2-Year Post-Sale Arbitration Trap in Hennepin County Real Estate
How We Purchase Minneapolis Homes With a Full Statutory Disclosure Waiver & Zero Post-Close Liability
Minneapolis Technical & Cost Reference Table
Frequently Asked Questions

Why Checking 'As-Is' on a Standard MLS Addendum Does NOT Waive MN Stat. § 513.55

Homeowners, personal representatives, and investment property owners across Minneapolis and greater Hennepin County frequently confront complex municipal and statutory hurdles when preparing to sell real estate. When evaluating Statutory MN Stat. § 513.60 Written Disclosure Waiver & Non-Recourse As-Is Cash Purchases in the context of Minneapolis Home Buyers MN, sellers must account for strict Minnesota legal requirements—specifically Minnesota Residential Real Estate Disclosure Act (MN Stat. §§ 513.52 to 513.60)—as well as local inspection frameworks (Mandatory City of Minneapolis Truth in Sale of Housing (TISH) evaluation plus mandatory Point-of-Sale Rainleader Disconnection; Required Repair ('R') items can be assumed by a direct cash buyer via a Certificate of Approval.). Across residential neighborhoods bordering North Loop Warehouse District, Mid-City Industrial Park (NE Minneapolis), Downtown Skyway Core, Seward Industrial Park, North Riverfront Industrial Corridor, Towerside Innovation District and major commuter arteries like I-94, I-35W, I-394, MN-55 (Hiawatha Ave), MN-62 (Crosstown), MN-65 (Central Ave NE), Washington Ave, Hennepin Ave, Lake St, Broadway St NE (serving zip codes 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419), aging housing stock built between 1920 and 1985 often harbors deferred structural, mechanical, or underground utility liabilities that derail conventional retail listings.

Rather than forcing Minneapolis property owners to fund tens of thousands of dollars in pre-sale contractor work or wait months for retail buyer mortgage underwriting, direct cash acquisitions structured around Complete elimination of post-closing buyer arbitration demands under MN Stat. § 513.57 provide immediate certainty. When traditional MLS transactions encounter 2-year post-closing lawsuit and arbitration liability under MN Stat. § 513.57 when selling an older home to a retail buyer, institutional lenders routinely issue loan denials following FHA, VA, or conventional appraisal reviews. By coordinating directly with Minneapolis CPED Construction Code Services (Public Service Building, 505 Fourth Ave S) and seasoned Hennepin County title underwriters, our acquisition team assumes full post-closing responsibility for code compliance.

How MN Stat. § 513.60 Allows Buyer & Seller to Mutually Waive the Written Disclosure Statement

Understanding the mechanics of 2-year post-closing lawsuit and arbitration liability under MN Stat. § 513.57 when selling an older home to a retail buyer is critical for any Minneapolis homeowner comparing a traditional brokerage listing against a direct off-market cash sale. Throughout Hennepin County zip codes (55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419), properties situated near I-94, I-35W, I-394, MN-55 (Hiawatha Ave), MN-62 (Crosstown), MN-65 (Central Ave NE), Washington Ave, Hennepin Ave, Lake St, Broadway St NE and established employment hubs like North Loop Warehouse District, Mid-City Industrial Park (NE Minneapolis), Downtown Skyway Core, Seward Industrial Park, North Riverfront Industrial Corridor, Towerside Innovation District face rigorous scrutiny during point-of-sale disclosures and municipal housing evaluations (Mandatory City of Minneapolis Truth in Sale of Housing (TISH) evaluation plus mandatory Point-of-Sale Rainleader Disconnection; Required Repair ('R') items can be assumed by a direct cash buyer via a Certificate of Approval.). Under Minnesota Residential Real Estate Disclosure Act (MN Stat. §§ 513.52 to 513.60), sellers who list on the open market risk protracted buyer repair addendums, earnest money disputes, and last-minute walk-aways when inspection reports uncover latent defects.

By contrast, structuring your transaction through Statutory MN Stat. § 513.60 Written Disclosure Waiver & Non-Recourse As-Is Cash Purchases legally shifts repair, permitting, and abatement obligations from the seller to the purchasing entity at closing. Whether the property in Minneapolis requires municipal escrow bonding with Minneapolis CPED Construction Code Services (Public Service Building, 505 Fourth Ave S), curative title quiet-action filings, or whole-house cleanout, achieving Complete elimination of post-closing buyer arbitration demands under MN Stat. § 513.57 protects your equity from holding-cost erosion—including ongoing Hennepin County property taxes, vacant-home insurance surcharges, and Minnesota winter heating bills.

Eliminating the 2-Year Post-Sale Arbitration Trap in Hennepin County Real Estate

Executing a legally bulletproof Minneapolis Home Buyers MN transaction in Minneapolis requires disciplined adherence to Mutual Written Waiver of Seller's Disclosure under MN Stat. § 513.60 & Professional Due Diligence. Immediately upon signing a straightforward purchase agreement, our in-house title specialists open escrow with a licensed Hennepin County title company to conduct a 40-year abstract or Torrens certificate examination under Minnesota Residential Real Estate Disclosure Act (MN Stat. §§ 513.52 to 513.60). Unlike out-of-state wholesale daisy-chains that lock up Minneapolis properties with assignable option contracts and no proof of funds, we deploy verified balance-sheet capital to guarantee Complete elimination of post-closing buyer arbitration demands under MN Stat. § 513.57.

During the curative review for homes across 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419 and neighborhoods surrounding North Loop Warehouse District, Mid-City Industrial Park (NE Minneapolis), Downtown Skyway Core, Seward Industrial Park, North Riverfront Industrial Corridor, Towerside Innovation District, our closing coordinators interface directly with Minneapolis CPED Construction Code Services (Public Service Building, 505 Fourth Ave S), county probate registrars, and municipal utility billing clerks. By utilizing Mutual Written Waiver of Seller's Disclosure under MN Stat. § 513.60 & Professional Due Diligence to address 2-year post-closing lawsuit and arbitration liability under MN Stat. § 513.57 when selling an older home to a retail buyer prior to funding, sellers along I-94, I-35W, I-394, MN-55 (Hiawatha Ave), MN-62 (Crosstown), MN-65 (Central Ave NE), Washington Ave, Hennepin Ave, Lake St, Broadway St NE never have to write out-of-pocket checks for delinquent water bills, special assessments, or point-of-sale repair escrows—every adjustment is transparently itemized on the ALTA Settlement Statement.

How We Purchase Minneapolis Homes With a Full Statutory Disclosure Waiver & Zero Post-Close Liability

From a net-proceeds perspective, choosing Statutory MN Stat. § 513.60 Written Disclosure Waiver & Non-Recourse As-Is Cash Purchases in Minneapolis directly delivers peace of mind knowing a retail buyer cannot sue you 18 months after closing over a wet basement in Minneapolis. When Hennepin County homeowners calculate the true math of a traditional listing—factoring in 5.5% to 6% Realtor commissions, 2% to 3% buyer closing cost concessions, 90 to 120 days of mortgage/tax/utility carrying costs, and mandatory remediation for 2-year post-closing lawsuit and arbitration liability under MN Stat. § 513.57 when selling an older home to a retail buyer—an off-market cash sale frequently yields an equivalent or superior net wire transfer in a fraction of the time.

Whether you are managing an inherited estate near North Loop Warehouse District, Mid-City Industrial Park (NE Minneapolis), Downtown Skyway Core, Seward Industrial Park, North Riverfront Industrial Corridor, Towerside Innovation District, resolving a time-sensitive financial transition along I-94, I-35W, I-394, MN-55 (Hiawatha Ave), MN-62 (Crosstown), MN-65 (Central Ave NE), Washington Ave, Hennepin Ave, Lake St, Broadway St NE, or offloading a high-maintenance rental in Minneapolis (55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419), our team handles every statutory requirement under Minnesota Residential Real Estate Disclosure Act (MN Stat. §§ 513.52 to 513.60) and Minneapolis CPED Construction Code Services (Public Service Building, 505 Fourth Ave S) rules. Contact our local Minneapolis acquisitions desk today to receive a written, no-obligation cash offer backed by Mutual Written Waiver of Seller's Disclosure under MN Stat. § 513.60 & Professional Due Diligence and tailored to your exact moving timeline.

Minneapolis, MN Technical & Regulatory Comparison

Disclosure Option in Minneapolis	Statutory Authority	Post-Closing Lawsuit Risk (2 Years)	Who Uses This Option?
Full 11-Page Seller Disclosure	MN Stat. § 513.55	High — Buyers file arbitration over basement/roof leaks	Standard Retail MLS Listings
Disclosure Alternatives (Non-Occupant)	MN Stat. § 513.56 Subd. 4	Moderate — Must still disclose known material facts	Landlords / Non-Occupant Owners
Fiduciary Exemption (Probate/Trust)	MN Stat. § 513.56 Subd. 3(f)	Low — Statutory exemption for PRs & Trustees	Estate & Trust Sales in Hennepin County
Written Mutual Waiver (§ 513.60)	MN Stat. § 513.60	Zero — Buyer waives written disclosure & inspects directly	Our Direct Cash Purchases in Minneapolis

Need Professional Minneapolis Home Buyers MN Assistance?

Our credentialed team serves all of Minneapolis, MN (55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419), including North Loop Warehouse District, Mid-City Industrial Park (NE Minneapolis), Downtown Skyway Core, Seward Industrial Park, North Riverfront Industrial Corridor, Towerside Innovation District. Explore our dedicated Sell Your House As-Is in Minneapolis (Skip TISH & Code Repairs) service page or return to our Minneapolis Home Buyers MN homepage. Call (612) 424-9180 for immediate dispatch.

Frequently Asked Questions

If I sell my Minneapolis house on the MLS 'as-is,' can the buyer still sue me after closing?

Yes! In Minnesota, simply writing 'sold as-is' on a purchase agreement does not waive MN Stat. § 513.55 unless both buyer and seller sign a specific written waiver of the seller's disclosure under MN Stat. § 513.60. Retail buyers almost never agree to sign a § 513.60 waiver, whereas we sign it on every purchase in Minneapolis.

How long do retail buyers have to bring a disclosure claim in Minnesota?

Under MN Stat. § 513.57 Subd. 3, a buyer can bring an action or demand arbitration up to two years after the closing date.

Why is your company comfortable waiving the seller disclosure on my Minneapolis home?

Because our construction and acquisition directors evaluate structural, roof, plumbing, and mechanical systems first-hand, we rely on our own technical expertise rather than holding you liable.