Truth in Sale of Housing Process

The Evaluation: First Step in Selling Your House

How to Get an Evaluation

Hire a licensed evaluator. The evaluator comes and looks at the condition of the building, both inside and outside, and then writes a Truth-in-Housing Evaluation, also called a disclosure report. The evaluator gives the seller a copy of the disclosure report. The evaluator must also file an exact copy with the City within 5 business days.

Once the evaluator has filed the report, the disclosure report can be found on the City’s Property Information web site. The disclosure report is valid for two years, or one sale. Buyers need to complete all repair/replace items before getting a new report to resell.

The Certificate of Approval or the list of required repairs is also available on the City of Minneapolis website. The seller is not required to complete the required repairs. The buyer can sign an Acknowledgement of Responsibility at closing and has 90 days from closing to complete the repairs.

Note: If none of your required repairs need a permit, you will also use this evaluator to come back and approve your repairs when they are complete.

Display the Truth-in-Housing Evaluation

The seller must keep a copy of the Truth-in-Housing Evaluation (disclosure report) on the property so that potential Buyers can see it when they look at the property. A pre-inspection report cannot take the place of a disclosure report.