April 20, 2011
Today, Governor Mark Dayton signed two bills into law. The first, House File 323, clarifies that real estate licensees and appraisers may perform broker price opinions (BPOs), which are estimates of a property's probable selling price based on comparable properties in the market.
Governor Dayton also signed Senate File 551 into law, authorizing cities to issue an on-sale wine license and an on-sale malt liquor license for a stadium or ballpark for the purposes of summer collegiate league baseball games.
Both bills passed the Minnesota House and Senate with bipartisan support.