The Minnesota Residential Real Estate purchase and sale agreement is a document that is used to formalize an offer to purchase real estate. The written agreement must contain the amount offered by the buyer, how he can finance the purchase and the duration during which his offer is open. State law requires the buyer to receive a disclosure of all defects or deterrents that the domicile has. This written statement must be given to potential buyers before a written agreement is reached. If the buyer and seller agree to both terms, both must sign the contract to formalize the sale. Luckily, at least in Minnesota, the boilerplate language in the standard purchase agreement makes it possible to insinsinate all the things that are considered fixtures…