Overview
M/I Homes operates in Minnesota with active communities in the Minneapolis metropolitan area.
Minnesota provides strong statutory warranties for new construction under Minn. Stat. § 327A that cannot be waived by contract. These statutory warranties provide 1 year for workmanship and materials, 2 years for plumbing, electrical, heating, and cooling systems, and 10 years for major structural defects.
How Minnesota Law Affects Your Contract
The following analysis examines how M/I Homes's documented contract patterns interact with Minnesota consumer protection law.
Minnesota Statutory Warranties — Non-Waivable
Minnesota Stat. § 327A.01 et seq. provides statutory warranties for new construction that cannot be waived by contract. These include 1 year for workmanship and materials, 2 years for distribution systems, and 10 years for major structural defects. These warranties run with the property and benefit subsequent purchasers. M/I Homes' express limited warranty cannot override these statutory protections.
Arbitration Provisions Under Minnesota Law
Mandatory arbitration clauses are generally enforceable in Minnesota. Buyers should review M/I Homes' dispute resolution provisions, including whether they limit remedies available under the statutory warranty framework.
Minnesota Consumer Fraud Act
The Minnesota Consumer Fraud Act (Minn. Stat. § 325F.68 et seq.) prohibits fraud and deceptive practices in consumer transactions. If M/I Homes or M/I Financial made misleading representations, this statute may provide a remedy.
Minnesota Legal History
No state-specific litigation involving M/I Homes in Minnesota has been identified in public records as of this writing.
Relevant Minnesota Laws
Provides statutory warranties for new construction: 1 year for workmanship and materials, 2 years for plumbing, electrical, heating, and cooling systems, and 10 years for major structural defects.
Prohibits fraud and deceptive practices in consumer transactions.
Minnesota Key Facts
- 1Minnesota provides strong statutory warranties for new construction under Minn. Stat. § 327A.
- 2Statutory warranties in Minnesota cannot be waived by contract for new residential construction.
- 3Minnesota has a 10-year statute of repose for major structural defects.
- 4Mandatory arbitration clauses are generally enforceable in Minnesota.
- 5Minnesota requires residential builders to be licensed with the Department of Labor and Industry.
- 6The statutory warranty runs with the property and benefits subsequent purchasers.
What Minnesota Buyers Should Know
- Know that Minnesota's statutory warranties cannot be waived. Minnesota provides statutory warranties for new construction that cannot be waived by contract. These provide 1 year for workmanship, 2 years for systems, and 10 years for structural defects. These run with the property.
- Understand the 10-year statute of repose for structural defects. Minnesota's statutory warranty provides 10 years of coverage for major structural defects. Document defects promptly and consult an attorney to ensure timely filing.
- Verify M/I Homes' builder license. Minnesota requires residential builders to be licensed with the Department of Labor and Industry. Verify the license status before signing a purchase agreement.
- Compare M/I Financial with independent lenders. M/I Financial is a wholly owned subsidiary of M/I Homes. Compare rates, fees, and loan terms with at least two independent lenders before committing.