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462.358 MINNESOTA STATUTES 2014 4 <br />and place thereof in the official newspaper at least ten days before the day of the hearing. At the hearing, <br />all persons interested shall be given an opportunity to make presentations. A subdivision application shall <br />be preliminarily approved or disapproved within 120 days following delivery of an application completed <br />in compliance with the municipal ordinance by the applicant to the municipality, unless an extension of the <br />review period has been agreed to by the applicant. When a division or subdivision to which the regulations <br />of the municipality do not apply is presented to the city, the clerk of the municipality shall within ten days <br />certify that the subdivision regulations of the municipality do not apply to the particular division. <br />If the municipality or the responsible agency of the municipality fails to preliminarily approve or <br />disapprove an application within the review period, the application shall be deemed preliminarily approved, <br />and upon demand the municipality shall execute a certificate to that effect. Following preliminary approval <br />the applicant may request final approval by the municipality, and upon such request the municipality shall <br />certify final approval within 60 days if the applicant has complied with all conditions and requirements of <br />applicable regulations and all conditions and requirements upon which the preliminary approval is expressly <br />conditioned either through performance or the execution of appropriate agreements assuring performance. <br />If the municipality fails to certify final approval as so required, and if the applicant has complied with all <br />conditions and requirements, the application shall be deemed finally approved, and upon demand the mu- <br />nicipality shall execute a certificate to that effect. After final approval a subdivision may be filed or recorded. <br />Subd. 3c. Effect of subdivision approval. For one year following preliminary approval and for two <br />years following final approval, unless the subdivider and the municipality agree otherwise, no amendment <br />to a comprehensive plan or official control shall apply to or affect the use, development density, lot size, <br />lot layout, or dedication or platting required or permitted by the approved application. Thereafter, pursuant <br />to its regulations, the municipality may extend the period by agreement with the subdivider and subject to <br />all applicable performance conditions and requirements, or it may require submission of a new application <br />unless substantial physical activity and investment has occurred in reasonable reliance on the approved <br />application and the subdivider will suffer substantial financial damage as a consequence of a requirement <br />to submit a new application. In connection with a subdivision involving planned and staged development, <br />a municipality may by resolution or agreement grant the rights referred to herein for such periods of time <br />longer than two years which it determines to be reasonable and appropriate. <br />Subd. 4. Repealed, 1982 c 415 s 3] <br />Subd. 4a. Disclosure by seller; buyer's action for damages. A person conveying a new parcel of <br />land which, or the plat for which, has not previously been filed or recorded, and which is part of or would <br />constitute a subdivision to which adopted municipal subdivision regulations apply, shall attach to the in- <br />strument of conveyance either: (a) recordable certification by the clerk of the municipality that the sub- <br />division regulations do not apply, or that the subdivision has been approved by the governing body, or that <br />the restrictions on the division of taxes and filing and recording have been waived by resolution of the <br />governing body of the municipality in this case because compliance will create an unnecessary hardship and <br />failure to comply will not interfere with the purpose of the regulations; or (b) a statement which names and <br />identifies the location ofthe appropriate municipal offices and advises the grantee that municipal subdivision <br />and zoning regulations may restrict the use or restrict or prohibit the development of the parcel, or con- <br />struction on it, and that the division of taxes and the filing or recording of the conveyance may be prohibited <br />without prior recordable certification of approval, nonapplicability, or waiver from the municipality. In any <br />action commenced by a buyer of such a parcel against the seller thereof, the misrepresentation of or the <br />failure to disclose material facts in accordance with this subdivision shall be grounds for damages. If the <br />buyer establishes a right to damages, a district court hearing the matter may in its discretion also award <br />to the buyer an amount sufficient to pay all or any part of the costs incurred in maintaining the action, <br />Copyright © 2014 by the Revisor of Statutes, State of Minnesota. All Rights Reserved. <br />