1E Relating to real property; modifying certain provisions under the Minnesota common interest ownership act; clarifying certain applicability provisions and modifying the applicability to planned communities; clarifying certain definitions and the applicability of certain local requirements relating to the conversion of buildings; authorizing the commencement of eminent domain proceedings to acquire a part of the common elements by service of process on the unit owners association; specifying certain requirements for the recording of certain documents relating to additional real estate and providing for the application of certain recording requirements to real estate subject to master declarations; clarifying certain requirements for the creation of common interest communities and the recording of CIC plats; modifying certain unit boundary requirements; clarifying certain requirements for declarations and modifying certain requirements for expansion of flexible common CICs; clarifying certain requirements for the allocation of interests; providing for the combination of units and for the vesting of declaration amendments involving the conversion of common elements; clarifying certain provisions regulating termination and the powers and appointment period of master association boards of directors; modifying certain master declaration content and CIC severance requirements; clarifying certain provisions regulating unit owners associations, declarant control and contract termination; voiding certain restrictions on voting rights; providing for the creation of certain security interests; modifying the distribution of certain insurance proceeds, certain reserve fund requirements and certain provisions regulating assessments for common expenses and liens; modifying certain requirements for the turnover of records; specifying certain additional purchase agreement notice requirements; clarifying and expanding certain disclosure statement requirements and increasing the disclosure statement period, authorizing modification or waiver of the rescission period by agreement of the purchaser after receipt and review of the disclosure statement;
authorizing the control of escrow accounts by governmental agencies or instrumentalities; clarifying the statute of limitations for warranties, agreements reducing the period of limitation to be binding on the successor
(je, ja)