SF 1750

2nd Unofficial Engrossment - 94th Legislature (2025 - 2026)

Posted on 04/08/2026 10:43 a.m.

A bill for an act
relating to common interest communities; modifying powers and duties of common
interest communities; modifying rights of a unit owner; modifying threshold for
termination of a common interest community; requiring dispute resolution options;
modifying notice of meetings; limiting late fees, fines, and attorney fees; modifying
foreclosure requirements; prohibiting local governments from requiring creation
of homeowners associations; amending Minnesota Statutes 2024, sections
515B.1-103; 515B.2-119; 515B.3-102; 515B.3-103; 515B.3-106; 515B.3-107;
515B.3-115; 515B.3-1151; 515B.3-116; 515B.4-1021; 515B.4-107; 515B.4-116;
proposing coding for new law in Minnesota Statutes, chapter 515B.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 515B.1-103, is amended to read:

515B.1-103 DEFINITIONS.

In the declaration and bylaws, unless specifically provided otherwise or the context
otherwise requires, and in this chapter:

(1) "Additional real estate" means real estate that may be added to a flexible common
interest community.

(2) "Affiliate of a declarant" means any person who controls, is controlled by, or is under
common control with a declarant.

(A) A person "controls" a declarant if the person (i) is a general partner, officer, director,
or employer of the declarant, (ii) directly or indirectly or acting in concert with one or more
other persons, or through one or more subsidiaries, owns, controls, holds with power to
vote, or holds proxies representing, more than 20 percent of the voting interest in the
declarant, (iii) controls in any manner the election of a majority of the directors of the
declarant, or (iv) has contributed more than 20 percent of the capital of the declarant.

(B) A person "is controlled by" a declarant if the declarant (i) is a general partner, officer,
director, or employer of the person, (ii) directly or indirectly or acting in concert with one
or more other persons, or through one or more subsidiaries, owns, controls, holds with
power to vote, or holds proxies representing, more than 20 percent of the voting interest in
the person, (iii) controls in any manner the election of a majority of the directors of the
person, or (iv) has contributed more than 20 percent of the capital of the person.

(C) Control does not exist if the powers described in this subsection are held solely as
a security interest and have not been exercised.

(3) "Allocated interests" means the following interests allocated to each unit: (i) in a
condominium, the undivided interest in the common elements, the common expense liability,
and votes in the association; (ii) in a cooperative, the common expense liability and the
ownership interest and votes in the association; and (iii) in a planned community, the common
expense liability and votes in the association.

(4) "Association" means the unit owners' association organized under section 515B.3-101.

(5) "Board" new text begin or "Board of Directors" new text end means the body, regardless of name, designated in
the articles of incorporation, bylaws or declaration to act on behalf of the association, or on
behalf of a master association when so identified.

(6) "CIC plat" means a common interest community plat described in section 515B.2-110.

(7) "Common elements" means all portions of the common interest community other
than the units.

(8) "Common expenses" means expenditures made or liabilities incurred by or on behalf
of the association, or master association when so identified, together with any allocations
to reserves.

(9) "Common expense liability" means the liability for common expenses allocated to
each unit pursuant to section 515B.2-108.

(10) "Common interest community" or "CIC" means contiguous or noncontiguous real
estate within Minnesota that is subject to an instrument which obligates persons owning a
separately described parcel of the real estate, or occupying a part of the real estate pursuant
to a proprietary lease, by reason of their ownership or occupancy, to pay for (i) real estate
taxes levied against; (ii) insurance premiums payable with respect to; (iii) maintenance of;
or (iv) construction, maintenance, repair or replacement of improvements located on, one
or more parcels or parts of the real estate other than the parcel or part that the person owns
or occupies. Real estate which satisfies the definition of a common interest community is
a common interest community whether or not it is subject to this chapter. Real estate subject
to a master declaration, regardless of when the master declaration was recorded, shall not
collectively constitute a separate common interest community unless so stated in the master
declaration.

(11) "Condominium" means a common interest community in which (i) portions of the
real estate are designated as units, (ii) the remainder of the real estate is designated for
common ownership solely by the owners of the units, and (iii) undivided interests in the
common elements are vested in the unit owners.

(11a) "Construction defect claim" means a civil action or an arbitration proceeding based
on any legal theory including, but not limited to, claims under chapter 327A for damages,
indemnity, or contribution brought against a development party to assert a claim,
counterclaim, cross-claim, or third-party claim for damages or loss to, or the loss of use of,
real or personal property caused by a defect in the initial design or construction of an
improvement to real property that is part of a common interest community, including an
improvement that is constructed on additional real estate pursuant to section 515B.2-111.
"Construction defect claim" does not include claims related to subsequent maintenance,
repairs, alterations, or modifications to, or the addition of, improvements that are part of
the common interest community, and that are contracted for by the association or a unit
owner.

(12) "Conversion property" means real estate on which is located a building that at any
time within two years before creation of the common interest community was occupied, in
whole or in part, for (i) residential use or (ii) for residential rental purposes by persons other
than purchasers and persons who occupy with the consent of purchasers.

(13) "Cooperative" means a common interest community in which the real estate is
owned by an association, each of whose members is entitled to a proprietary lease by virtue
of the member's ownership interest in the association.

(14) "Dealer" means a person in the business of selling units for the person's own account.

(15) "Declarant" means:

(i) if the common interest community has been created, (A) any person who has executed
a declaration, or a supplemental declaration or amendment to a declaration adding additional
real estate, except secured parties, a spouse holding only an inchoate interest, persons whose
interests in the real estate will not be transferred to unit owners, or, in the case of a leasehold
common interest community, a lessor who possesses no special declarant rights and who
is not an affiliate of a declarant who possesses special declarant rights, or (B) any person
who reserves, or succeeds under section 515B.3-104 to any special declarant rights;

(ii) any person or persons acting in concert who have offered prior to creation of the
common interest community to transfer their interest in a unit to be created and not previously
transferred; or

(iii) if (A) a unit has been restricted to nonresidential use and sold to a purchaser who
has agreed to modify or waive, in whole or in part, sections 515B.4-101 to 515B.4-118, and
(B) the restriction expires or is modified or terminated such that residential use of the unit
is permitted, the unit owner at the time the restriction expires or is so modified or terminated
is a declarant with respect to that unit and any improvements subject to use rights by a
purchaser of the unit.

(16) "Declaration" means any instrument, however denominated, that creates a common
interest community.

(16a) "Development party" means an architect, contractor, construction manager,
subcontractor, developer, declarant, engineer, or private inspector performing or furnishing
the design, supervision, inspection, construction, coordination, or observation of the
construction of any improvement to real property that is part of a common interest
community, or any of the person's affiliates, officers, directors, shareholders, members, or
employees.

(17) "Dispose" or "disposition" means a voluntary transfer to a purchaser of any legal
or equitable interest in the common interest community, but the term does not include the
transfer or release of a security interest.

new text begin (17a) "First mortgage" means either (i) if there is only one mortgage encumbering title
to a unit, that mortgage, or (ii) if there are multiple mortgages encumbering title to a unit,
the mortgage that is first in priority, whether by operation of applicable law or by a properly
recorded agreement.
new text end

new text begin (17b) "First mortgagee" means the holder of a first mortgage.
new text end

(18) "Flexible common interest community" means a common interest community to
which additional real estate may be added.

new text begin (18a) "Governing documents" means the declaration, articles of incorporation, bylaws,
and rules and regulations of an association as amended.
new text end

(19) "Leasehold common interest community" means a common interest community in
which all or a portion of the real estate is subject to a lease the expiration or termination of
which will terminate the common interest community or reduce its size.

(20) "Limited common element" means a portion of the common elements allocated by
the declaration or by operation of section 515B.2-109(c) or (d) for the exclusive use of one
or more but fewer than all of the units.

(21) "Master association" means an entity created on or after June 1, 1994, that directly
or indirectly exercises any of the powers set forth in section 515B.3-102 on behalf of one
or more members described in section 515B.2-121(b), (i), (ii) or (iii), whether or not it also
exercises those powers on behalf of one or more property owners' associations described
in section 515B.2-121(b)(iv). A person (i) hired by an association to perform maintenance,
repair, accounting, bookkeeping or management services, or (ii) granted authority under an
instrument recorded primarily for the purpose of creating rights or obligations with respect
to utilities, access, drainage, or recreational amenities, is not, solely by reason of that
relationship, a master association.

(22) "Master declaration" means a written instrument, however named, (i) recorded on
or after June 1, 1994, and (ii) complying with section 515B.2-121, subsection (e).

(23) "Master developer" means a person who is designated in the master declaration as
a master developer or, in the absence of such a designation, the owner or owners of the real
estate subject to the master declaration at the time the master declaration is recorded, except
(i) secured parties and (ii) a spouse holding only an inchoate interest. A master developer
is not a declarant unless the master declaration states that the real estate subject to the master
declaration collectively is or collectively will be a separate common interest community.

(24) "Period of declarant control" means the time period provided for in section
515B.3-103(c) during which the declarant may appoint and remove officers and directors
of the association.

(25) "Person" means an individual, corporation, limited liability company, partnership,
trustee under a trust, personal representative, guardian, conservator, government,
governmental subdivision or agency, or other legal or commercial entity capable of holding
title to real estate.

(26) "Planned community" means a common interest community that is not a
condominium or a cooperative. A condominium or cooperative may be a part of a planned
community.

new text begin (26a) "Property manager" means a person with whom the association contracts to perform
management services and includes, without limitation, the property manager's employees
and agents.
new text end

(27) "Proprietary lease" means an agreement with a cooperative association whereby a
member of the association is entitled to exclusive possession of a unit in the cooperative.

(28) "Purchaser" means a person, other than a declarant, who by means of a voluntary
transfer acquires a legal or equitable interest in a unit other than (i) a leasehold interest of
less than 20 years, including renewal options, or (ii) a security interest.

(29) "Real estate" means any fee simple, leasehold or other estate or interest in, over,
or under land, including structures, fixtures, and other improvements and interests that by
custom, usage, or law pass with a conveyance of land though not described in the contract
of sale or instrument of conveyance. "Real estate" may include spaces with or without upper
or lower boundaries, or spaces without physical boundaries.

(30) "Residential use" means use as a dwelling, whether primary, secondary or seasonal,
but not (i) transient use such as hotels or motels, (ii) use for residential rental purposes if
the individual dwellings are not separate units or if the individual dwellings are not located
on separate parcels of real estate. For purposes of this chapter, a unit is restricted to
nonresidential use if the unit is subject to a restriction that prohibits residential use as defined
in this section whether or not the restriction also prohibits the uses described in this paragraph.

(31) "Secured party" means the person owning a security interest as defined in paragraph
(32).

(32) "Security interest" means a perfected interest in real estate or personal property,
created by contract or conveyance, which secures payment or performance of an obligation.
The term includes a mortgagee's interest in a mortgage, a vendor's interest in a contract for
deed, a lessor's interest in a lease intended as security, a holder's interest in a sheriff's
certificate of sale during the period of redemption, an assignee's interest in an assignment
of leases or rents intended as security, in a cooperative, a lender's interest in a member's
ownership interest in the association, a pledgee's interest in the pledge of an ownership
interest, or any other interest intended as security for an obligation under a written agreement.

(33a) This definition of special declarant rights applies only to common interest
communities created before August 1, 2010. "Special declarant rights" means rights reserved
in the declaration for the benefit of a declarant to:

(i) complete improvements indicated on the CIC plat, planned by the declarant consistent
with the disclosure statement or authorized by the municipality in which the CIC is located;

(ii) add additional real estate to a common interest community;

(iii) subdivide or combine units, or convert units into common elements, limited common
elements, or units;

(iv) maintain sales offices, management offices, signs advertising the common interest
community, and models;

(v) use easements through the common elements for the purpose of making improvements
within the common interest community or any additional real estate;

(vi) create a master association and provide for the exercise of authority by the master
association over the common interest community or its unit owners;

(vii) merge or consolidate a common interest community with another common interest
community of the same form of ownership; or

(viii) appoint or remove any officer or director of the association, or the master association
where applicable, during any period of declarant control.

(33b) This definition of special declarant rights applies only to common interest
communities created on or after August 1, 2010. "Special declarant rights" means rights
reserved in the declaration for the benefit of a declarant and expressly identified in the
declaration as special declarant rights. Such special declarant rights may include but are not
limited to the following:

(i) to complete improvements indicated on the CIC plat, planned by the declarant
consistent with the disclosure statement or authorized by the municipality in which the
common interest community is located, and to have and use easements for itself and its
employees, agents, and contractors through the common elements for such purposes;

(ii) to add additional real estate to a common interest community;

(iii) to subdivide or combine units, or convert units into common elements, limited
common elements and/or units, pursuant to section 515B.2-112;

(iv) to maintain and use sales offices, management offices, signs advertising the common
interest community, and models, and to have and use easements for itself and its employees,
agents, and invitees through the common elements for such purposes;

(v) to appoint or remove any officer or director of the association during any period of
declarant control;

(vi) to utilize an alternate common expense plan as provided in section 515B.3-115(a)(2);

(vii) to grant common element licenses as provided in section 515B.2-109(e); or

(viii) to review, and approve or disapprove, the exterior design, materials, size, site
location, and other exterior features of buildings and other structures, landscaping and other
exterior improvements, located within the common interest community, and any
modifications or alterations thereto.

Special declarant rights shall not be reserved or utilized for the purpose of evading any
limitation or obligation imposed on declarants by this chapter.

(34) "Time share" means a right to occupy a unit or any of several units during three or
more separate time periods over a period of at least three years, including renewal options,
whether or not coupled with a fee title interest in the common interest community or a
specified portion thereof.

(35) "Unit" means a portion of a common interest community the boundaries of which
are described in the common interest community's declaration and which is intended for
separate ownership, or separate occupancy pursuant to a proprietary lease.

(36) "Unit identifier" means English letters or Arabic numerals, or a combination thereof,
which identify only one unit in a common interest community and which meet the
requirements of section 515B.2-104.

(37) "Unit owner" means a declarant or other person who owns a unit, a lessee under a
proprietary lease, or a lessee of a unit in a leasehold common interest community whose
lease expires simultaneously with any lease the expiration or termination of which will
remove the unit from the common interest community, but does not include a secured party.
In a common interest community, the declarant is the unit owner of a unit until that unit has
been conveyed to another person.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end

Sec. 2.

Minnesota Statutes 2024, section 515B.2-119, is amended to read:

515B.2-119 TERMINATION OF COMMON INTEREST COMMUNITY.

(a) Except as otherwise provided in this chapter, a common interest community may be
terminated new text begin as follows:
new text end

new text begin (1) if a common interest community consists entirely of detached, single-family dwellings
that does not include any common elements and the association has no maintenance
obligations for any building that contains a dwelling, the common interest community may
be terminated only by the written agreement of unit owners of units to which at least 67
percent of the votes in the association are allocated, provided that agreement shall be deemed
to have been provided by any unit owner who has not otherwise indicated a preference and
whose written refusal to agree is not received by the association within 60 days after the
association has provided notice of the proposed termination by certified United States mail,
postage prepaid, and return receipt requested. Termination of the common interest community
does not relieve the association of its obligations under any contract other than the
declaration; or
new text end

new text begin (2) a common interest community not subject to clause (1) may be terminated new text end only by
agreement of unit owners of units to which at least 80 percent of the votes in the association
are allocated, and 80 percent of the first mortgagees of units (each mortgagee having one
vote per unit financed), or any larger percentage the declaration specifies. The declaration
may specify a smaller percentage only if all of the units are restricted to nonresidential use.

(b) An agreement to terminate shall be evidenced by a written agreement, executed in
the same manner as a deed by the number of unit owners and first mortgagees of units
required by subsection (a). The agreement shall specify a date after which the agreement
shall be void unless recorded before that date. The agreement shall also specify a date by
which the termination of the common interest community and the winding up of its affairs
must be accomplished. A certificate of termination executed by the association evidencing
the termination shall be recorded on or before the termination date, or the agreement to
terminate shall be revoked. The agreement to terminate, or a memorandum thereof, and the
certificate of termination shall be recorded in every county in which a portion of the common
interest community is situated and is effective only upon recording.

(c) In the case of a condominium or planned community containing only units having
upper and lower boundaries, a termination agreement may provide that all of the common
elements and units of the common interest community must be sold following termination.
If, pursuant to the agreement, any real estate in the common interest community is to be
sold following termination, the termination agreement shall set forth the minimum terms
of sale acceptable to the association.

(d) In the case of a condominium or planned community containing any units not having
upper and lower boundaries, a termination agreement may provide for sale of the common
elements, but it may not require that the units be sold following termination, unless the
original declaration provided otherwise or all unit owners whose units are to be sold consent
to the sale. new text begin If, pursuant to the agreement, any real estate in the common interest community
is to be sold following termination, the termination agreement shall set forth the minimum
terms of sale acceptable to the association.
new text end

(e) The association, on behalf of the unit owners, shall have authority to contract for the
sale of real estate in a common interest community pursuant to this section, subject to the
required approval. The agreement to terminate shall be deemed to grant to the association
a power of attorney coupled with an interest to effect the conveyance of the real estate on
behalf of the holders of all interests in the units, including without limitation the power to
execute all instruments of conveyance and related instruments. Until the sale has been
completed, all instruments in connection with the sale have been executed and the sale
proceeds distributed, the association shall continue in existence with all powers it had before
termination.

(1) The instrument conveying or creating the interest in the common interest community
shall include as exhibits (i) an affidavit of the secretary of the association certifying that the
approval required by this section has been obtained and (ii) a schedule of the names of all
unit owners in the common interest community as of the date of the approval.

(2) Proceeds of the sale shall be distributed to unit owners and secured parties as their
interests may appear, in accordance with subsections (h), (i), (j), and (k).

(3) Unless otherwise specified in the agreement of termination, until the association has
conveyed title to the real estate, each unit owner and the unit owner's successors in interest
have an exclusive right to occupancy of the portion of the real estate that formerly constituted
the unit. During the period of that occupancy, each unit owner and the unit owner's successors
in interest remain liable for all assessments and other obligations imposed on unit owners
by this chapter, the declaration or the bylaws.

(f) The legal description of the real estate constituting the common interest community
shall, upon the date of recording of the certificate of termination referred to in subsection
(b), be as follows:

(1) In a planned community utilizing a CIC plat complying with section 515B.2-110(d)(1)
and (2), the lot and block description contained in the CIC plat, and any amendments thereto,
subject to any subsequent conveyance or taking of a fee interest in any part of the property.

(2) In a condominium or cooperative, or a planned community utilizing a CIC plat
complying with section 515B.2-110(c), the underlying legal description of the real estate
as set forth in the declaration creating the common interest community, and any amendments
thereto, subject to any subsequent conveyance or taking of a fee interest in any part of the
property.

(3) The legal description referred to in this subsection shall apply upon the recording of
the certificate of termination. The recording officer for each county in which the common
interest community is located shall index the property located in that county in its records
under the legal description required by this subsection from and after the date of recording
of the certificate of termination. In the case of registered property, the registrar of titles shall
cancel the existing certificates of title with respect to the property and issue one or more
certificates of title for the property utilizing the legal description required by this subsection.

(g) In a condominium or planned community, if the agreement to terminate provides
that the real estate constituting the common interest community is not to be sold following
termination, title to the common elements and, in a common interest community containing
only units having upper and lower boundaries described in the declaration, title to all the
real estate in the common interest community, vests in the unit owners upon termination as
tenants in common in proportion to their respective interest as provided in subsection (k),
and liens on the units shift accordingly. While the tenancy in common exists, each unit
owner and the unit owner's successors in interest have an exclusive right to occupancy of
the portion of the real estate that formerly constituted the unit.

(h) The proceeds of any sale of real estate pursuant to subsection (e), together with the
assets of the association, shall be held by the association as trustee for unit owners, secured
parties and other holders of liens on the units as their interests may appear. Before distributing
any proceeds, the association shall have authority to deduct from the proceeds of sale due
with respect to the unit (i) unpaid assessments levied by the association with respect to the
unit, (ii) unpaid real estate taxes or special assessments due with respect to the unit, and
(iii) the share of expenses of sale and winding up of the association's affairs with respect to
the unit.

(i) Following termination of a condominium or planned community, creditors of the
association holding liens on the units perfected before termination may enforce those liens
in the same manner as any lienholder, in order of priority based upon their times of perfection.
All other creditors of the association are to be treated as if they had perfected liens on the
units immediately before termination.

(j) In a cooperative, the declaration may provide that all creditors of the association have
priority over any interests of unit owners and creditors of unit owners. In that event, following
termination, creditors of the association holding liens on the cooperative which were perfected
before termination may enforce their liens in the same manner as any lienholder, in order
of priority based upon their times of perfection. All other creditors of the association shall
be treated as if they had perfected a lien against the cooperative immediately before
termination. Unless the declaration provides that all creditors of the association have that
priority:

(1) the lien of each creditor of the association which was perfected against the association
before termination becomes, upon termination, a lien against each unit owner's interest in
the unit as of the date the lien was perfected;

(2) any other creditor of the association is to be treated upon termination as if the creditor
had perfected a lien against each unit owner's interest immediately before termination;

(3) the amount of the lien of an association's creditor described in paragraphs (1) and
(2) against each of the unit owners' interest shall be proportionate to the ratio which each
unit's common expense liability bears to the common expense liability of all of the units;

(4) the lien of each creditor of each unit owner which was perfected before termination
continues as a lien against that unit owner's interest in the unit as of the date the lien was
perfected; and

(5) the assets of the association shall be distributed to all unit owners and all lienholders
as their interests may appear in the order described in this section. Creditors of the association
are not entitled to payment from any unit owner in excess of the amount of the creditor's
lien against that unit owner's interest.

(k) The respective interest of unit owners referred to in subsections (e), (f), (g), (h) and
(i) are as follows:

(1) Except as provided in paragraph (2), the respective interests of unit owners are the
fair market values of their units, allocated interests, and any limited common elements
immediately before the termination, as determined by one or more independent appraisers
selected by the association. The decision of the independent appraisers must be distributed
to the unit owners and becomes final unless disapproved within 30 days after distribution
by unit owners of units to which 25 percent of the votes in the association are allocated.
The proportion of any unit's interest to that of all units is determined by dividing the fair
market value of that unit by the total fair market values of all the units.

(2) If any unit or any limited common element is destroyed to the extent that an appraisal
of the fair market value thereof before destruction cannot be made, the interests of all unit
owners shall be measured by: (i) in a condominium, their allocations of common element
interests immediately before the termination, (ii) in a cooperative, their respective ownership
interests immediately before the termination, and (iii) in a planned community, their
respective allocations of common expenses immediately before the termination.

(l) In a condominium or planned community, except as provided in subsection (m),
foreclosure or enforcement of a lien or encumbrance against the entire common interest
community does not terminate, of itself, the common interest community, and foreclosure
or enforcement of a lien or encumbrance against a portion of the common interest community
does not withdraw that portion from the common interest community.

(m) In a condominium or planned community, if a lien or encumbrance against a portion
of the real estate comprising the common interest community has priority over the declaration
and the lien or encumbrance has not been partially released, the parties foreclosing the lien
or encumbrance, upon foreclosure, may record an instrument excluding the real estate subject
to that lien or encumbrance from the common interest community.

(n) Following the termination of a common interest community in accordance with this
section, the association shall be dissolved in accordance with law.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027, and applies to all
terminations under this section initiated on or after that date.
new text end

Sec. 3.

Minnesota Statutes 2024, section 515B.3-102, is amended to read:

515B.3-102 POWERS new text begin AND DUTIES new text end OF UNIT OWNERS' ASSOCIATION.

(a) Except as provided in subsections (b), (c), (d), (e), and (f) and subject to the provisions
of the declaration or bylaws, the association shall have the power to:

(1) adopt, amend and revoke rules and regulations not inconsistent with the articles of
incorporation, bylaws and declaration, as follows: (i) regulating the use of the common
elements; (ii) regulating the use of the units, and conduct of unit occupants, which may
jeopardize the health, safety or welfare of other occupants, which involves noise or other
disturbing activity, or which may damage the common elements or other units; (iii) regulating
or prohibiting animals; (iv) regulating changes in the appearance of the common elements
and conduct which may damage the common interest community; (v) regulating the exterior
appearance of the common interest community, including, for example, balconies and patios,
window treatments, and signs and other displays, regardless of whether inside a unit; (vi)
implementing the articles of incorporation, declaration and bylaws, and exercising the
powers granted by this section; and (vii) otherwise facilitating the operation of the common
interest community new text begin . Rules and regulations adopted must be reasonable. An association must
give unit owners no less than 21 days' notice before the association votes to adopt, amend,
or revoke a rule or regulation to review and comment on the proposed change. An association
may adopt a temporary rule without notice in exigent circumstances, provided the board
acts as soon as practicable to give the requisite notice to unit owners before adopting the
rule permanently. Nothing in this chapter prevents the unit owners from asking the board
to adopt, amend, or revoke a rule or regulation new text end ;

(2) adopt and amend budgets for revenues, expenditures and reserves, and levy and
collect assessments for common expenses from unit owners;

(3) hire and discharge managing agents and other employees, agents, and independent
contractors;

(4) institute, defend, or intervene in litigation or administrative proceedings (i) in its
own name on behalf of itself or two or more unit owners on matters affecting the common
elements or other matters affecting the common interest community or, (ii) with the consent
of the owners of the affected units on matters affecting only those units;

(5) make contracts and incur liabilities;

(6) regulate the use, maintenance, repair, replacement, and modification of the common
elements and the units;

(7) cause improvements to be made as a part of the common elements, and, in the case
of a cooperative, the units;

(8) acquire, hold, encumber, and convey in its own name any right, title, or interest to
real estate or personal property, but (i) common elements in a condominium or planned
community may be conveyed or subjected to a security interest only pursuant to section
515B.3-112, or (ii) part of a cooperative may be conveyed, or all or part of a cooperative
may be subjected to a security interest, only pursuant to section 515B.3-112;

(9) grant or amend easements for public utilities, public rights-of-way or other public
purposes, and cable television or other communications, through, over or under the common
elements; grant or amend easements, leases, or licenses to unit owners for purposes authorized
by the declaration; and, subject to approval by a vote of unit owners other than declarant
or its affiliates, grant or amend other easements, leases, and licenses through, over or under
the common elements;

(10) impose and receive any payments, fees, or charges for the use, rental, or operation
of the common elements, other than limited common elements, and for services provided
to unit owners;

(11) deleted text begin impose interest and late charges for late payment of assessments and, after notice
and an opportunity to be heard before the board or a committee appointed by it, levy
reasonable fines for violations of the declaration, bylaws, and rules and regulations of the
association, provided that attorney fees and costs must not be charged or collected from a
unit owner who disputes a fine or assessment and, if after the homeowner requests a hearing
and a hearing is held by the board or a committee of the board, the board does not adopt a
resolution levying the fine or upholding the assessment against the unit owner or owner's
unit; deleted text end new text begin unless the board proposes, and the association's members approve, a greater amount
at an annual meeting, impose a fine not to exceed $100 for a single violation of the
declaration, bylaws, and rules and regulations, except the association may impose a fine
greater than $100 for a subsequent violation for the same conduct, or if the violation:
new text end

new text begin (i) has a serious and immediate impact on a resident's health or safety;
new text end

new text begin (ii) causes physical damage to another unit or a common element; or
new text end

new text begin (iii) involves using the property for financial enrichment, including renting or offering
for rent a unit in violation of the declaration, bylaws, or a rule or regulation prohibiting
short-term or long-term rentals.
new text end

new text begin A unit owner, after receiving notice of a violation or a notice of an assessment, has the
opportunity to be heard before the board or a committee appointed by it to contest the fine
or assessment. A unit owner, within 30 days after receipt of the notice, must request a
hearing, unless the declaration provides for a different period. If a hearing is requested by
a unit owner, attorney fees and costs must not be charged or collected from a unit owner
unless the hearing is held and the board or committee adopts a resolution upholding the fine
or assessment against the unit owner or owner's unit. The association must provide a copy
of the resolution, which must contain the rationale for upholding the fine or assessment, to
the unit owner within 30 days of adoption.
new text end

new text begin If the association's governing documents authorize the association to impose fines for
violations of the governing documents, an association must adopt a schedule of fines for
violations of the governing documents and must provide a description of the remedies
available to the association. The association must provide the schedule and description to
every unit owner in any reasonable manner, including but not limited to electronic mailing
or posting on the association's website, including when a unit owner purchases a unit or
when the schedule is amended by the association;
new text end

(12) impose reasonable charges for the review, preparation and recordation of
amendments to the declaration deleted text begin , deleted text end new text begin or new text end resale certificates required by section 515B.4-107,
deleted text begin statements of unpaid assessments, deleted text end or furnishing copies of association records;

(13) provide for the indemnification of its officers and directors, and maintain directors'
and officers' liability insurance;

(14) provide for reasonable procedures governing the conduct of meetings and election
of directors;

(15) exercise any other powers conferred by law, or by the declaration, articles of
incorporation or bylaws; deleted text begin and
deleted text end

(16) exercise any other powers necessary and proper for the governance and operation
of the association new text begin ;
new text end

new text begin (17) impose interest only on delinquent assessments for common expenses or special
assessments not to exceed eight percent; and
new text end

new text begin (18) impose a fee for late payment of common expenses and special assessments not to
exceed the greater of $20 or five percent of the amount owed new text end .

(b) Notwithstanding subsection (a) the declaration or bylaws may not impose limitations
on the power of the association to deal with the declarant which are more restrictive than
the limitations imposed on the power of the association to deal with other persons.

(c) An association that levies a fine pursuant to subsection (a)(11), or an assessment
pursuant to section 515B.3-115(g), or 515B.3-1151(g), must provide a dated, written notice
to a unit owner that:

(1) states the amount and reason for the fine or assessment;

(2) for fines levied under section 515B.3-102(a)(11), specifies: (i) the violation for which
a fine is being levied and the date of the levy; and (ii) the specific section of the declaration,
bylaws, rules, or regulations allegedly violated;

(3) for assessments levied under section 515B.3-115(g) or 515B.3-1151(g), identifies:
(i) the damage caused; and (ii) the act or omission alleged to have caused the damage;

(4) states that deleted text begin all deleted text end unpaid fines new text begin for certain violations subject to section 515B.3-116,
subsection (h), new text end and new text begin all new text end assessments are liens which, if not satisfied, could lead to foreclosure
of the lien against the owner's unit;

(5) describes the unit owner's right to be heard by the board or a committee appointed
by the board new text begin and the steps a unit owner must take to schedule the hearing new text end ;

(6) states that if the assessment, fine, late fees, and other allowable charges are not paid,
the amount may increase as a result of the imposition of attorney fees and other collection
costs; and

(7) informs the unit owner that homeownership assistance is available from the Minnesota
Homeownership Center new text begin and dispute resolution and other information services are available
from the common interest community ombudsperson new text end .

(d) Notwithstanding subsection (a), powers exercised under this section must comply
with sections 500.215, 500.216, and 500.217.

(e) Notwithstanding subsection (a)(4) or any other provision of this chapter, the
association, before instituting litigation or arbitration involving construction defect claims
against a development party, shall:

(1) mail or deliver written notice of the anticipated commencement of the action to each
unit owner at the addresses, if any, established for notices to owners in the declaration and,
if the declaration does not state how notices are to be given to owners, to the owner's last
known address. The notice shall specify the nature of the construction defect claims to be
alleged, the relief sought, and the manner in which the association proposes to fund the cost
of pursuing the construction defect claims; and

(2) obtain the approval of owners of units to which a majority of the total votes in the
association are allocated. Votes allocated to units owned by the declarant, an affiliate of the
declarant, or a mortgagee who obtained ownership of the unit through a foreclosure sale
are excluded. The association may obtain the required approval by a vote at an annual or
special meeting of the members or, if authorized by the statute under which the association
is created and taken in compliance with that statute, by a vote of the members taken by
electronic means or mailed ballots. If the association holds a meeting and voting by electronic
means or mailed ballots is authorized by that statute, the association shall also provide for
voting by those methods. Section 515B.3-110(c) applies to votes taken by electronic means
or mailed ballots, except that the votes must be used in combination with the vote taken at
a meeting and are not in lieu of holding a meeting, if a meeting is held, and are considered
for purposes of determining whether a quorum was present. Proxies may not be used for a
vote taken under this paragraph unless the unit owner executes the proxy after receipt of
the notice required under subsection (e)(1) and the proxy expressly references this notice.

(f) The association may intervene in a litigation or arbitration involving a construction
defect claim or assert a construction defect claim as a counterclaim, crossclaim, or third-party
claim before complying with subsections (e)(1) and (e)(2) but the association's complaint
in an intervention, counterclaim, crossclaim, or third-party claim shall be dismissed without
prejudice unless the association has complied with the requirements of subsection (e) within
90 days of the association's commencement of the complaint in an intervention or the
assertion of the counterclaim, crossclaim, or third-party claim.

new text begin (g) Unless otherwise agreed to by the affected unit owner and the association, a payment
made by a unit owner must be applied to assessments for common expenses and special
assessments first before it is applied to any other fines, fees, or assessments owed by the
unit owner. An association shall consider offering a reasonable payment plan for a
delinquency.
new text end

new text begin (h) A board must allow a unit owner to present, orally or in writing, a grievance to the
board or a committee appointed by the board on a matter other than a fine governed under
subsection (a)(11), or an application to alter a unit under section 515B.3-107, subsection
(e). The board must make a good faith effort to resolve the grievance or, if resolution is not
achieved, refer the unit owner to the common interest community ombudsperson. An
association may not impose any fees or charges on the unit owner for making the presentation.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027, and applies to action
taken by an association on or after that date.
new text end

Sec. 4.

Minnesota Statutes 2025 Supplement, section 515B.3-103, is amended to read:

515B.3-103 BOARD OF DIRECTORS, OFFICERS AND DECLARANT
CONTROL.

(a) An association shall be governed by a board of directors whose appointment or
election shall occur no later than the date of creation of the common interest community
and shall be reflected in the association's records. Except as expressly prohibited by the
declaration, the articles of incorporation, bylaws, subsection (b), or other provisions of this
chapter, the board may act in all instances on behalf of the association. In the performance
of their duties, the officers and directors are required to exercise (i) if appointed by the
declarant, the care required of fiduciaries of the unit owners and (ii) if elected by the unit
owners, the care required of a director by section 302A.251, 308B.455, 308C.455, or
317A.251, as applicable. The officers and directors appointed by the declarant shall have
a duty to fulfill, and to cause the association to fulfill, their respective obligations under the
declaration, bylaws, articles of incorporation, and this chapter and to enforce the provisions
of the declaration, bylaws, articles of incorporation, and this chapter against all unit owners,
including the declarant and its affiliates, in a uniform and fair manner. The standards of
conduct for officers and directors set forth in this subsection shall also apply to the officers
and directors of master associations in the exercise of their duties on behalf of the master
association.

(b) The board may not act unilaterally to amend the declaration, to terminate the common
interest community, to elect directors to the board, or to determine the qualifications, powers
and duties, or terms of office of directors, but the board may fill vacancies in its membership
created other than by removal by the vote of the association members for the unexpired
portion of any term.

(c) The declaration may provide for a period of declarant control of the association,
during which a declarant, or persons designated by the declarant, may appoint and remove
the officers and directors of the association. The period of declarant control begins on the
date of creation of the common interest community and terminates upon the earliest of the
following events: (i) five years after the date of the first conveyance of a unit to a unit owner
other than a declarant in the case of a flexible common interest community or three years
in the case of any other common interest community, (ii) the declarant's voluntary surrender
of control by giving written notice to the unit owners pursuant to section 515B.1-115, or
(iii) the conveyance of 75 percent of the units to unit owners other than a declarant.

(d) The board shall cause a meeting of the unit owners to be called, as follows:

(1) If the period of declarant control has terminated pursuant to subsection (c), a meeting
of the unit owners shall be called and held within 60 days after said termination, at which
the board shall be appointed or elected by all unit owners, including declarant, subject to
the requirements of subsection (e).

(2) If 50 percent of the units that a declarant is authorized by the declaration to create
have been conveyed prior to the termination of the declarant control period, a meeting of
the unit owners shall be called and held within 60 days thereafter, at which not less than
33-1/3 percent of the members of the board shall be elected by unit owners other than a
declarant or an affiliate of a declarant.

(3) If the board fails or refuses to cause a meeting of the unit owners required to be called
pursuant to subsection (d), then the unit owners other than a declarant and its affiliates may
cause the meeting to be called pursuant to the applicable provisions of the law under which
the association was created. The declarant and its affiliates shall be deemed to be present
at the meeting for purposes of establishing a quorum regardless of their failure to attend the
meeting.

(e) Following the termination of any period of declarant control, the unit owners shall
appoint or elect the board. All unit owners, including the declarant and its affiliates, may
cast the votes allocated to any units owned by them. The board shall thereafter be subject
to the following:

(1) Unless otherwise approved by a vote of unit owners other than the declarant or an
affiliate of the declarant, a majority of the directors shall be unit owners or a natural person
designated by a unit owner that is not a natural person, other than a declarant or an affiliate
of a declarant. The remaining directors need not be unit owners unless required by the
articles of incorporation or bylaws.

(2) Subject to the requirements of subsection (e)(1), the articles of incorporation or
bylaws may authorize the declarant or a person designated by the declarant to appoint one
director, who need not be a member. The articles of incorporation or bylaws shall not be
amended to change or terminate the authorization to appoint one director without the written
consent of the declarant or other person possessing the power to appoint.

(3) Subject to the requirements of subsection (e)(1), the articles of incorporation or
bylaws may authorize special classes of directors and director voting rights, as follows: (i)
classes of directors, (ii) the appointment or election of directors in certain classes by certain
classes of members, or (iii) class voting by classes of directors on issues affecting only a
certain class or classes of members, units, or other parcels of real estate, or to otherwise
protect the legitimate interest of such class or classes. No person may utilize such special
classes or class voting for the purpose of evading any limitation imposed on declarants by
this chapter. new text begin If an association's governing documents provide for the election of directors,
then elections of directors must occur regularly and each term of a director must not exceed
three years, provided there is no limit on the number of terms a director may serve, and,
unless expressly prohibited by the governing documents, the terms of directors must be
staggered.
new text end

(4) The board shall elect the officers. The directors and officers shall take office upon
election.

(f) In determining whether the period of declarant control has terminated under subsection
(c), or whether unit owners other than a declarant are entitled to elect members of the board
of directors under subsection (d), the percentage of the units conveyed shall be calculated
using as a numerator the number of units conveyed and as a denominator the number of
units subject to the declaration plus the number of units which the declarant is authorized
by the declaration to create on any additional real estate. The percentages referred to in
subsections (c) and (d) shall be calculated without reference to units that are auxiliary to
other units, such as garage units or storage units. A person shall not use a master association
or other device to evade the requirements of this section.

(g) Except as otherwise provided in this subsection, new text begin all new text end meetings of the board of directors
must be open to the unit owners. deleted text begin To the extent practicable, deleted text end The board shall give reasonable
notice to the unit owners of the date, time, and place of a board meeting. new text begin The board must
make the meeting agenda, and contracts or other documents the board intends to approve
or disapprove at the board meeting, available to unit owners in any reasonable manner,
including but not limited to electronic mailing or posting on the association's website. new text end If
the date, time, and place of meetings are provided for in the declaration, articles, or bylaws,
announced at a previous meeting of the board, posted in a location accessible to the unit
owners and designated by the board from time to time, or if an emergency requires immediate
consideration of a matter by the board, notice is not required. "Notice" has the meaning
given in section 317A.011, subdivision 14. new text begin At any board meeting open to unit owners before
action is taken on an agenda item, a unit owner, or a person designated in writing by the
owner, must be permitted to speak at a time designated by the board on an agenda item. To
the extent known, a unit owner must make a good faith attempt to notify the board in advance
of the owner's intent to speak on an agenda item at the meeting. Nothing prohibits a unit
owner from requesting that an item be added to the agenda or providing a written comment
to the board in advance of the meeting. The board may place a reasonable limit on the time
a member is allowed to speak and may, after a warning by the chair of the meeting, expel
any person who disrupts the meeting or causes a disturbance. A board may not impose a
fine for exercising the right to speak or provide a written statement, but may impose a fine
if a person the board has expelled refuses to leave the meeting. new text end Meetings may be closed to
discuss the following:

(1) personnel matters;

(2) pending or potential litigation, arbitration or other potentially adversarial proceedings,
between unit owners, between the board or association and unit owners, or other matters in
which any unit owner may have an adversarial interest, if the board determines that closing
the meeting is necessary to discuss strategy or to otherwise protect the position of the board
or association or the privacy of a unit owner or occupant of a unit; or

(3) criminal activity arising within the common interest community if the board
determines that closing the meeting is necessary to protect the privacy of the victim or that
opening the meeting would jeopardize investigation of the activity.

Nothing in this subsection imposes a duty on the board to provide special facilities for
meetings. The failure to give notice as required by this subsection shall not invalidate the
board meeting or any action taken at the meeting. The minutes of any part of a meeting that
is closed under this subsection may be kept confidential at the discretion of the board. new text begin For
the purposes of this subsection, an association is not required to issue a notice or keep
minutes for a meeting between board members, or between one or more board members
and officers, if the subject of the meeting is solely to discuss issues related to basic
maintenance, or daily operations and management of the association, in accordance with
their duties as outlined in the governing documents, provided the meeting does not result
in a vote or formal action by the board.
new text end

new text begin In addition to conflict of interest provisions set forth in the statute under which the
association was organized, the following standards apply to elected boards:
new text end

new text begin (1) a board member must not participate in deliberations regarding or vote on the approval
or disapproval of a contract to which the association is or may be a party where the board
member or a member of the family of a board member has a material financial interest in
the contract or is likely to realize a material financial gain as a result of entering into the
contract. For the purposes of this section, "member of the family" has the meaning given
in section 317A.255, subdivision 4;
new text end

new text begin (2) a board member or property manager must not solicit or accept any money or other
compensation from any person as an inducement for the board member to vote in favor of
the approval of a contract for property maintenance, construction, repair, or reconstruction
services that is binding on the association. If an association has authorized a property manager
to enter into contracts on behalf of the association, the property manager must not solicit
or accept any money or other compensation from any person as an inducement to the property
manager to enter into a contract for property maintenance, construction, repair, or
reconstruction services that is binding on the association; and
new text end

new text begin (3) prior to entering into any contract for property maintenance, construction, repair, or
reconstruction services with an estimated cost exceeding $50,000, the board or property
managers must solicit a minimum of three written competitive bids. All bids from a person
affiliated with a board member, a member of the family of a board member, a property
manager, or any member of the family of a property manager or employee must be disclosed
prior to consideration or a vote on the bids. A written record of the disclosures must be
retained and recorded in the meeting minutes.
new text end

new text begin (h) The board must review all bids and select a vendor based on reasonable business
criteria, including but not limited to, the cost of the project, the contractor's qualifications,
available warranties, the extent to which the bidder has met the bid solicitation requirements,
and the length of time estimated to complete the project.
new text end

new text begin (i) An association is not obligated to comply with the bidding requirements of this
subsection if:
new text end

new text begin (1) multiple bids cannot be obtained despite reasonable efforts;
new text end

new text begin (2) emergency repairs are required to protect the health or safety of the unit owners;
new text end

new text begin (3) there has been significant damage to the property that must be addressed without
delay to prevent further damage to the property;
new text end

new text begin (4) the work is covered by a warranty;
new text end

new text begin (5) the vendor is the only available vendor capable of providing the required goods or
services; or
new text end

new text begin (6) the cost of materials does not exceed $50,000 and labor is performed at no charge
by volunteers.
new text end

new text begin (j) The association must maintain a record of the bid selection process and the contracts
awarded. The records must be made available for inspection for a period of six years. At a
minimum the record should include:
new text end

new text begin (1) the purpose of the contract;
new text end

new text begin (2) the amount of each bid proposal;
new text end

new text begin (3) the amount of the final contract;
new text end

new text begin (4) the name and address of the contractor who was awarded the contract; and
new text end

new text begin (5) if applicable, the criteria used to select the bid.
new text end

new text begin A person who requests a copy of these records may be charged a reasonable fee to copy the
materials.
new text end

new text begin (k) A contract entered into by a declarant with a property manager shall terminate no
later than 12 months after the declarant control period has ended. A contract entered into
by an association with a property manager after the declarant control period has ended that
does not automatically renew may be terminated by the association, with or without cause,
upon three months' written notice. A contract entered into by an association after the declarant
period has ended that provides for automatic renewal may be terminated by the association
with no less than three months' written notice before the date the contract will automatically
renew for another term.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027, and applies to all
association activities on or after that date.
new text end

Sec. 5.

Minnesota Statutes 2024, section 515B.3-106, is amended to read:

515B.3-106 BYLAWS; ANNUAL REPORT.

(a) A common interest community shall have bylaws which comply with this chapter
and the statute under which the association is incorporated. The bylaws and any amendments
may be recorded, but need not be recorded to be effective unless so provided in the bylaws.

(b) The bylaws shall provide that, in addition to any statutory requirements:

(1) A meeting of the members shall be held at least once each year, and a specified
officer of the association shall give notice of the meeting as provided in section 515B.3-108.

(2) An annual report shall be prepared by the association and a copy of the report shall
be provided to each unit owner at or prior to the annual meeting.

(c) The annual report shall contain at a minimum:

(1) a statement of any capital expenditures in excess of two percent of the current budget
or $5,000, whichever is greater, approved by the association for the current fiscal year or
succeeding two fiscal years;

(2) a statement of the association's total replacement reserves, the components of the
common interest community for which the reserves are set aside, and the amounts of the
reserves, if any, that the board has allocated for the replacement of each of those components;

(3) a copy of the statement of revenues and expenses for the association's last fiscal year,
and a balance sheet as of the end of said fiscal year;

(4) a statement of the status of any pending litigation or judgments to which the
association is a party;

(5) a detailed description of the insurance coverage provided by the association including
a statement as to which, if any, of the items referred to in section 515B.3-113, subsection
(b), are insured by the association new text begin and the amount of the association's deductible and the
following notice: "IF THE ASSOCIATION LEVIES A LOSS ASSESSMENT, THE UNIT
OWNER IS PERSONALLY RESPONSIBLE FOR PAYING IT, EVEN IF THE UNIT
OWNER DOES NOT HAVE SUFFICIENT INSURANCE COVERAGE" new text end ; and

(6) a statement of the total past due assessments on all units, current as of not more than
60 days prior to the date of the meeting.

Sec. 6.

Minnesota Statutes 2024, section 515B.3-107, is amended to read:

515B.3-107 UPKEEP OF COMMON INTEREST COMMUNITY.

(a) Except to the extent provided by the declaration, this subsection or section
515B.3-113, the association is responsible for the maintenance, repair and replacement of
the common elements, and each unit owner is responsible for the maintenance, repair and
replacement of the unit owner's unit. Damage to the common elements or any unit as a result
of the acts or omissions of a unit owner or the association, including damage resulting from
the unit owner's or association's lack of maintenance or failure to perform necessary repairs
or replacement, is the responsibility of the unit owner or association responsible for causing
the damage, or whose agents or invitees caused the damage.

(b) The association's board of directors shall prepare and approve a written preventative
maintenance plan, maintenance schedule, and maintenance budget for the common elements.
The association shall follow the approved preventative maintenance plan. The association's
board may amend, modify, or replace an approved preventative maintenance plan or an
approved maintenance schedule from time to time. The association must provide all unit
owners with a paper copy, electronic copy, or electronic access to the preventative
maintenance plan, the maintenance schedule, and any amendments or modifications to or
replacements of the preventative maintenance plan and the maintenance schedule. If a
common interest community was created on or before August 1, 2017, the association's
board of directors shall have until January 1, 2019, to comply with the requirements of this
subsection.

(c) The association shall have access through and into each unit for purposes of
performing maintenance, repair or replacement for which the association may be responsible.
The association and any public safety personnel shall also have access for purposes of
abating or correcting any condition in the unit which violates any governmental law,
ordinance or regulation, which may cause material damage to or jeopardize the safety of
the common interest community, or which may constitute a health or safety hazard for
occupants of units.

(d) Neither the association, nor any unit owner other than the declarant or its affiliates,
is subject to a claim for payment of expenses incurred in connection with any additional
real estate.

new text begin (e) An association with authority under the declaration to approve or disapprove a request
by a unit owner who has a right granted under this chapter, or the declaration, to make
alterations to the owner's unit must establish, by rule or regulation, a fair, reasonable, and
expeditious procedure for making any decision on the proposed alteration. The association
must provide the procedure to a unit owner who requests an alteration. Unless the declaration,
bylaws, or rules and regulations provide for a different period, the board or a committee
appointed by the board must make a decision within 90 days after submission of an
application that contains all the information required or any additional information or changes
to the proposal requested by the association's board. A decision must be in writing, must
be made in accordance with the standards of conduct for directors set forth in the statute
under which the association is organized, and must be reasonable.
new text end

new text begin (f) An association has no authority to regulate the parking of a unit owner or a guest,
tenant, or invitee of the unit owner within an improved public right of way that a unit of
government maintains and repairs, except that the association may, in its declaration or by
rule or regulation, require compliance with all applicable statutes, laws, and ordinances.
Absent legislative authorization, a unit of government does not have the authority to delegate
its police powers to a private entity. If an association is an authorized delegatee, the
delegation is valid for a period not to exceed five years, at which time it may be renewed
upon application by the association and agreement of the unit of government. As used in
this subsection, "personal vehicle" means an automobile with a gross vehicle weight of less
than 26,001 pounds that is used for personal pleasure, travel, or commuting to and from a
place of work, including but not limited to a van, pickup truck, small truck, ambulance, law
enforcement vehicle, emergency response vehicle, or utility company vehicle. A personal
vehicle does not include a motor home, a self-propelled recreational vehicle, or a commercial
vehicle used primarily for commercial business unless otherwise stated in this section. A
unit owner or resident must be permitted to park a personal or work vehicle on the portion
of the unit owner's property or the portion of the limited common element allocated to the
unit that was originally designed or subsequently modified for the parking of vehicles,
provided the vehicle's length does not encroach on another unit owner's property or interfere
with the association's ability to maintain roads or common elements.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 7.

Minnesota Statutes 2024, section 515B.3-115, is amended to read:

515B.3-115 ASSESSMENTS FOR COMMON EXPENSES; CIC CREATED
BEFORE AUGUST 1, 2010.

(a) The obligation of a unit owner to pay common expense assessments shall be as
follows:

(1) If a common expense assessment has not been levied, the declarant shall pay all
operating expenses of the common interest community, and shall fund the replacement
reserve component of the common expenses as required by subsection (b).

(2) If a common expense assessment has been levied, all unit owners, including the
declarant, shall pay the assessments allocated to their units, subject to the following:

(i) If the declaration so provides, a declarant's liability, and the assessment lien, for the
common expense assessments, exclusive of replacement reserves, on any unit owned by
the declarant may be limited to 25 percent or more of any assessment, exclusive of
replacement reserves, until the unit or any building located in the unit is substantially
completed. Substantial completion shall be evidenced by a certificate of occupancy in any
jurisdiction that issues the certificate.

(ii) If the declaration provides for a reduced assessment pursuant to paragraph (2)(i),
the declarant shall be obligated, within 60 days following the termination of the period of
declarant control, to make up any operating deficit incurred by the association during the
period of declarant control. The existence and amount, if any, of the operating deficit shall
be determined using the accrual basis of accounting applied as of the date of termination
of the period of declarant control, regardless of the accounting methodology previously
used by the association to maintain its accounts.

(b) The replacement reserve component of the common expenses shall be funded for
each unit in accordance with the projected annual budget required by section
515B.4-102(a)(23) provided that the funding of replacement reserves with respect to a unit
shall commence no later than the date that the unit or any building located within the unit
boundaries is substantially completed. Substantial completion shall be evidenced by a
certificate of occupancy in any jurisdiction that issues the certificate.

(c) After an assessment has been levied by the association, assessments shall be levied
at least annually, based upon a budget approved at least annually by the association.

(d) Except as modified by subsections (a)(1) and (2), (e), (f), and (g), all common
expenses shall be assessed against all the units in accordance with the allocations established
by the declaration pursuant to section 515B.2-108.

(e) Unless otherwise required by the declaration:

(1) any common expense associated with the maintenance, repair, or replacement of a
limited common element shall be assessed against the units to which that limited common
element is assigned, equally, or in any other proportion the declaration provides;

(2) any common expense or portion thereof benefiting fewer than all of the units may
be assessed exclusively against the units benefited, equally, or in any other proportion the
declaration provides;

(3) the costs of insurance may be assessed in proportion to risk or coverage, and the
costs of utilities may be assessed in proportion to usage;

(4) subject to section 515B.3-102(a)(11), reasonable attorney fees and costs incurred by
the association in connection with (i) the collection of assessments against a unit owner,
and (ii) the enforcement of this chapter, the articles, bylaws, declaration, or rules and
regulations against a unit owner, may be assessed against the unit owner's unit subject to
section 515B.3-116(h); and

(5) fees, charges, late charges, fines and interest may be assessed as provided in section
515B.3-116(a).

(f) Assessments levied under section 515B.3-116 to pay a judgment against the association
may be levied only against the units in the common interest community at the time the
judgment was entered, in proportion to their common expense liabilities.

(g) If any damage to the common elements or another unit is caused by the act or omission
of any unit owner, or occupant of a unit, or their invitees, the association may assess the
costs of repairing the damage exclusively against the unit owner's unit to the extent not
covered by insurance.

(h) Subject to any shorter period specified by the declaration or bylaws, if any installment
of an assessment becomes more than 60 days past due, then the association may, upon ten
days' written notice to the unit owner, declare the entire amount of the assessment
immediately due and payable in full, except that any portion of the assessment that represents
installments that are not due and payable without acceleration as of the date of reinstatement
must not be included in the amount that a unit owner must pay to reinstate under section
580.30 or chapter 581.

(i) If common expense liabilities are reallocated for any purpose authorized by this
chapter, common expense assessments and any installment thereof not yet due shall be
recalculated in accordance with the reallocated common expense liabilities.

(j) An assessment against fewer than all of the units must be levied within three years
after the event or circumstances forming the basis for the assessment, or shall be barred.

new text begin (k) An association must adopt a collection policy and provide a copy to all unit owners
and prospective purchasers as required pursuant to section 515B.4-107(a)(1).
new text end

new text begin A collection policy must require, at a minimum:
new text end

new text begin (1) three separate notifications to a unit owner before the account is referred to a law
firm or collection agency for collections, including at least one notification sent by certified
mail to the unit owner's registered address; and
new text end

new text begin (2) the notice required pursuant to section 580.021 be sent by United States mail and
certified mail to the unit owner when a law firm has been hired to foreclose an association's
lien for assessments.
new text end

deleted text begin (k) deleted text end new text begin (l) new text end This section applies only to common interest communities created before August
1, 2010.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 8.

Minnesota Statutes 2024, section 515B.3-1151, is amended to read:

515B.3-1151 ASSESSMENTS FOR COMMON EXPENSES; CIC CREATED ON
OR AFTER AUGUST 1, 2010.

(a) The association shall approve an annual budget of common expenses at or prior to
the conveyance of the first unit in the common interest community to a purchaser and
annually thereafter. The annual budget shall include all customary and necessary operating
expenses and replacement reserves for the common interest community, consistent with
this section and section 515B.3-114. For purposes of replacement reserves under subsection
(b), until an annual budget has been approved, the reserves shall be paid based upon the
budget contained in the disclosure statement required by section 515B.4-102. The obligation
of a unit owner to pay common expenses shall be as follows:

(1) If a common expense assessment has not been levied by the association, the declarant
shall pay all common expenses of the common interest community, including the payment
of the replacement reserve component of the common expenses for all units in compliance
with subsection (b).

(2) If a common expense assessment has been levied by the association, all unit owners,
including the declarant, shall pay the assessments levied against their units, except as follows:

(i) The declaration may provide for an alternate common expense plan whereby the
declarant's common expense liability, and the corresponding assessment lien against the
units owned by the declarant, is limited to: (A) paying when due, in compliance with
subsection (b), an amount equal to the full share of the replacement reserves allocated to
units owned by the declarant, as set forth in the association's annual budget approved as
provided in this subsection; and (B) paying when due all accrued expenses of the common
interest community in excess of the aggregate assessments payable with respect to units
owned by persons other than a declarant; provided, that the alternate common expense plan
shall not affect a declarant's obligation to make up any operating deficit pursuant to item
(iv), and shall terminate upon the termination of any period of declarant control unless
terminated earlier pursuant to item (iii).

(ii) The alternate common expense plan may be authorized only by including in the
declaration and the disclosure statement required by section 515B.4-102 provisions
authorizing and disclosing the alternate common expense plan as described in item (i), and
including in the disclosure statement either (A) a statement that the alternate common
expense plan will have no effect on the level of services or amenities anticipated by the
association's budget contained in the disclosure statement, or (B) a statement describing
how the services or amenities may be affected.

(iii) A declarant shall give notice to the association of its intent to utilize the alternate
common expense plan and a commencement date after the date the notice is given. The
alternate common expense plan shall be valid only for periods after the notice is given. A
declarant may terminate its right to utilize the alternate common expense plan prior to the
termination of the period of declarant control only by giving notice to the association and
the unit owners at least 30 days prior to a selected termination date set forth in the notice.

(iv) If a declarant utilizes an alternate common expense plan, that declarant shall cause
to be prepared and delivered to the association, at the declarant's expense, within 90 days
after the termination of the period of declarant control, an audited balance sheet and profit
and loss statement certified to the association and prepared by an accountant having the
qualifications set forth in section 515B.3-121(b). The audit shall be binding on the declarant
and the association.

(v) If the audited profit and loss statement shows an accumulated operating deficit, the
declarant shall be obligated to make up the deficit within 15 days after delivery of the audit
to the association, and the association shall have a claim against the declarant for an amount
equal to the deficit until paid. A declarant who does not utilize an alternate common expense
plan is not liable to make up any operating deficit. If more than one declarant utilizes an
alternate common expense plan, all declarants who utilize the plan are jointly and severally
liable to the association for any operating deficit.

(vi) The existence and amount, if any, of the operating deficit shall be determined using
the accrual method of accounting applied as of the date of termination of the period of
declarant control, regardless of the accounting methodology previously used by the
association to maintain its accounts.

(vii) Unless approved by a vote of the unit owners other than the declarant and its
affiliates, the operating deficit shall not be made up, prior to the election by the unit owners
of a board of directors pursuant to section 515B.3-103(d), through the use of a special
assessment described in subsection (c) or by assessments described in subsections (e), (f),
and (g).

(viii) The use by a declarant of an alternate common expense plan shall not affect the
obligations of the declarant or the association as provided in the declaration, the bylaws, or
this chapter, or as represented in the disclosure statement required by section 515B.4-102,
except as to matters authorized by this chapter.

(b) The replacement reserves required by section 515B.3-114 shall be paid to the
association by each unit owner for each unit owned by that unit owner in accordance with
the association's annual budget approved pursuant to subsection (a), regardless of whether
an annual assessment has been levied or whether the declarant has utilized an alternate
common expense plan under subsection (a)(2). Replacement reserves shall be paid with
respect to a unit commencing as of the later of (1) the date of creation of the common interest
community or (2) the date that the structure and exterior of the building containing the unit,
or the structure and exterior of any building located within the unit boundaries, but excluding
the interior finishing of the structure itself, are substantially completed. If the association
has not approved an annual budget as of the commencement date for the payment of
replacement reserves, then the reserves shall be paid based upon the budget contained in
the disclosure statement required by section 515B.4-102.

(c) After an assessment has been levied by the association, assessments shall be levied
at least annually, based upon an annual budget approved by the association. In addition to
and not in lieu of annual assessments, an association may, if so provided in the declaration,
levy special assessments against all units in the common interest community based upon
the same formula required by the declaration for levying annual assessments. Special
assessments may be levied only (1) to cover expenditures of an emergency nature, (2) to
replenish underfunded replacement reserves, (3) to cover unbudgeted capital expenditures
or operating expenses, or (4) to replace certain components of the common interest
community described in section 515B.3-114(a), if such alternative method of funding is
approved under section 515B.3-114(a)(5). The association may also levy assessments against
fewer than all units as provided in subsections (e), (f), and (g). An assessment under
subsection (e)(2) for replacement reserves is subject to the requirements of section
515B.3-1141(a)(5).

(d) Except as modified by subsections (a), clauses (1) and (2), (e), (f), and (g), all common
expenses shall be assessed against all the units in accordance with the allocations established
by the declaration pursuant to section 515B.2-108.

(e) Unless otherwise required by the declaration:

(1) any common expense associated with the maintenance, repair, or replacement of a
limited common element shall be assessed against the units to which that limited common
element is assigned, equally, or in any other proportion the declaration provides;

(2) any common expense or portion thereof benefiting fewer than all of the units may
be assessed exclusively against the units benefited, equally, or in any other proportion the
declaration provides;

(3) the costs of insurance may be assessed in proportion to risk or coverage, and the
costs of utilities may be assessed in proportion to usage;

(4) subject to section 515B.3-102(a)(11), reasonable attorney fees and costs incurred by
the association in connection with (i) the collection of assessments, and (ii) the enforcement
of this chapter, the articles, bylaws, declaration, or rules and regulations, against a unit
owner, may be assessed against the unit owner's unit, subject to section 515B.3-116(h); and

(5) fees, charges, late charges, fines, and interest may be assessed as provided in section
515B.3-116(a).

(f) Assessments levied under section 515B.3-116 to pay a judgment against the association
may be levied only against the units in the common interest community at the time the
judgment was entered, in proportion to their common expense liabilities.

(g) If any damage to the common elements or another unit is caused by the act or omission
of any unit owner, or occupant of a unit, or their invitees, the association may assess the
costs of repairing the damage exclusively against the unit owner's unit to the extent not
covered by insurance.

(h) Subject to any shorter period specified by the declaration or bylaws, if any installment
of an assessment becomes more than 60 days past due, then the association may, upon ten
days' written notice to the unit owner, declare the entire amount of the assessment
immediately due and payable in full, except that any portion of the assessment that represents
installments that are not due and payable without acceleration as of the date of reinstatement
must not be included in the amount that a unit owner must pay to reinstate under section
580.30 or chapter 581.

(i) If common expense liabilities are reallocated for any purpose authorized by this
chapter, common expense assessments and any installment thereof not yet due shall be
recalculated in accordance with the reallocated common expense liabilities.

(j) An assessment against fewer than all of the units must be levied within three years
after the event or circumstances forming the basis for the assessment, or shall be barred.

new text begin (k) An association must adopt a collection policy and provide a copy to all unit owners
and prospective purchasers as required pursuant to section 515B.4-107(a)(1).
new text end

new text begin A collection policy must require, at a minimum:
new text end

new text begin (1) three separate notifications to a unit owner before the account is referred to a law
firm or collection agency for collections, including at least one notification sent by certified
mail to the unit owner's registered address; and
new text end

new text begin (2) the notice required pursuant to section 580.021 be sent by United States mail and
certified mail to the unit owner when a law firm has been hired to foreclose an association's
lien for assessments.
new text end

deleted text begin (k) deleted text end new text begin (l) new text end This section applies only to common interest communities created on or after
August 1, 2010.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 9.

Minnesota Statutes 2024, section 515B.3-116, is amended to read:

515B.3-116 LIEN FOR ASSESSMENTS.

(a) The association has a lien on a unit for any assessment levied against that unit from
the time the assessment becomes due. If an assessment is payable in installments, the full
amount of the assessment is a lien from the time the first installment thereof becomes due.
Unless the declaration otherwise provides, fees, charges, new text begin fines as specified in subsection
(h), and new text end late charges deleted text begin , fines and interest charges pursuant to section 515B.3-102(a)(10), (11)
and (12) deleted text end are liens, and are enforceable as assessments, under this section. Recording of the
declaration constitutes record notice and perfection of any assessment lien under this section,
and no further recording of any notice of or claim for the lien is required.

(b) Subject to subsection (c), a lien under this section is prior to all other liens and
encumbrances on a unit except (i) liens and encumbrances recorded before the declaration
and, in a cooperative, liens and encumbrances which the association creates, assumes, or
takes subject to, (ii) any first mortgage encumbering the fee simple interest in the unit, or,
in a cooperative, any first security interest encumbering only the unit owner's interest in the
unit, (iii) liens for real estate taxes and other governmental assessments or charges against
the unit, and (iv) a master association lien under section 515B.2-121(h). This subsection
shall not affect the priority of mechanic's liens.

(c) If a first mortgage on a unit is foreclosed, the first mortgage was recorded after June
1, 1994, and no owner or person who acquires the owner's interest in the unit redeems
pursuant to chapter 580, 581, or 582, the holder of the sheriff's certificate of sale from the
foreclosure of the first mortgage or any person who acquires title to the unit by redemption
as a junior creditor shall take title to the unit subject to a lien in favor of the association for
unpaid assessments for common expenses levied pursuant to section 515B.3-115(a), (e)(1)
to (3), (f), and (i) which became due, without acceleration, during the six months immediately
preceding the end of the owner's period of redemption. The common expenses shall be
based upon the association's then current annual budget, notwithstanding the use of an
alternate common expense plan under section 515B.3-115(a)(2). If a first security interest
encumbering a unit owner's interest in a cooperative unit which is personal property is
foreclosed, the secured party or the purchaser at the sale shall take title to the unit subject
to unpaid assessments for common expenses levied pursuant to section 515B.3-115(a),
(e)(1) to (3), (f), and (i) which became due, without acceleration, during the six months
immediately preceding the first day following either the disposition date pursuant to section
336.9-610 or the date on which the obligation of the unit owner is discharged pursuant to
section 336.9-622.

(d) Proceedings to enforce an assessment lien shall be instituted within three years after
the last installment of the assessment becomes payable, or shall be barred.

(e) The unit owner of a unit at the time an assessment is due shall be personally liable
to the association for payment of the assessment levied against the unit. If there are multiple
owners of the unit, they shall be jointly and severally liable.

(f) This section does not prohibit actions to recover sums for which subsection (a) creates
a lien nor prohibit an association from taking a deed in lieu of foreclosure.

(g) The association shall furnish to a unit owner or the owner's authorized agent upon
written request of the unit owner or the authorized agent a statement setting forth the amount
of unpaid assessments currently levied against the owner's unit. If the unit owner's interest
is real estate, the statement shall be in recordable form. The statement shall be furnished
within ten business days after receipt of the request and is binding on the association and
every unit owner.

(h) The association's lien may be foreclosed as provided in this subsection deleted text begin . deleted text end new text begin , provided
that an association may not commence foreclosure unless common expenses and special
assessments and fines that meet the conditions for exception to the limit specified in section
515B.3-102, subsection (c), are delinquent for more than three months.
new text end

(1) In a condominium or planned community, new text begin regardless of when the condominium or
planned community was created, new text end the association's lien may be foreclosed in a like manner
as a mortgage containing a power of sale pursuant to chapter 580, or by action pursuant to
chapter 581. The association shall have a power of sale to foreclose the lien pursuant to
chapter 580, except that any portion of the assessment that represents attorney fees or costs
shall not be included in the amount a unit owner must pay to reinstate under section 580.30
or chapter 581.

(2) In a cooperative whose unit owners' interests are real estate, the association's lien
shall be foreclosed in a like manner as a mortgage on real estate as provided in paragraph
(1).

(3) In a cooperative whose unit owners' interests in the units are personal property, the
association's lien shall be foreclosed in a like manner as a security interest under article 9
of chapter 336. In any disposition pursuant to section 336.9-610 or retention pursuant to
sections 336.9-620 to 336.9-622, the rights of the parties shall be the same as those provided
by law, except (i) notice of sale, disposition, or retention shall be served on the unit owner
90 days prior to sale, disposition, or retention, (ii) the association shall be entitled to its
reasonable costs and attorney fees not exceeding the amount provided by section 582.01,
subdivision 1a, (iii) the amount of the association's lien shall be deemed to be adequate
consideration for the unit subject to disposition or retention, notwithstanding the value of
the unit, and (iv) the notice of sale, disposition, or retention shall contain the following
statement in capital letters with the name of the association or secured party filled in:

"THIS IS TO INFORM YOU THAT BY THIS NOTICE (fill in name of association or
secured party) HAS BEGUN PROCEEDINGS UNDER MINNESOTA STATUTES,
CHAPTER 515B, TO FORECLOSE ON YOUR INTEREST IN YOUR UNIT FOR THE
REASON SPECIFIED IN THIS NOTICE. YOUR INTEREST IN YOUR UNIT WILL
TERMINATE 90 DAYS AFTER SERVICE OF THIS NOTICE ON YOU UNLESS
BEFORE THEN:

(a) THE PERSON AUTHORIZED BY (fill in the name of association or secured party)
AND DESCRIBED IN THIS NOTICE TO RECEIVE PAYMENTS RECEIVES FROM
YOU:

(1) THE AMOUNT THIS NOTICE SAYS YOU OWE; PLUS

(2) THE COSTS INCURRED TO SERVE THIS NOTICE ON YOU; PLUS

(3) $500 TO APPLY TO ATTORNEY FEES ACTUALLY EXPENDED OR
INCURRED; PLUS

(4) ANY ADDITIONAL AMOUNTS FOR YOUR UNIT BECOMING DUE TO (fill
in name of association or secured party) AFTER THE DATE OF THIS NOTICE; OR

(b) YOU SECURE FROM A DISTRICT COURT AN ORDER THAT THE
FORECLOSURE OF YOUR RIGHTS TO YOUR UNIT BE SUSPENDED UNTIL YOUR
CLAIMS OR DEFENSES ARE FINALLY DISPOSED OF BY TRIAL, HEARING, OR
SETTLEMENT. YOUR ACTION MUST SPECIFICALLY STATE THOSE FACTS AND
GROUNDS THAT DEMONSTRATE YOUR CLAIMS OR DEFENSES.

IF YOU DO NOT DO ONE OR THE OTHER OF THE ABOVE THINGS WITHIN
THE TIME PERIOD SPECIFIED IN THIS NOTICE, YOUR OWNERSHIP RIGHTS IN
YOUR UNIT WILL TERMINATE AT THE END OF THE PERIOD, YOU WILL LOSE
ALL THE MONEY YOU HAVE PAID FOR YOUR UNIT, YOU WILL LOSE YOUR
RIGHT TO POSSESSION OF YOUR UNIT, YOU MAY LOSE YOUR RIGHT TO
ASSERT ANY CLAIMS OR DEFENSES THAT YOU MIGHT HAVE, AND YOU WILL
BE EVICTED. IF YOU HAVE ANY QUESTIONS ABOUT THIS NOTICE, CONTACT
AN ATTORNEY IMMEDIATELY."

(4) In any foreclosure pursuant to chapter 580, 581, or 582, the rights of the parties shall
be the same as those provided by law, except (i) the period of redemption for unit owners
shall be six months from the date of sale or a lesser period authorized by law, (ii) in a
foreclosure by advertisement under chapter 580, the foreclosing party shall be entitled to
costs and disbursements of foreclosure and attorney fees authorized by the declaration or
bylaws, notwithstanding the provisions of section 582.01, subdivisions 1 and 1a, (iii) in a
foreclosure by action under chapter 581, the foreclosing party shall be entitled to costs and
disbursements of foreclosure and attorney fees as the court shall determine, and (iv) the
amount of the association's lien shall be deemed to be adequate consideration for the unit
subject to foreclosure, notwithstanding the value of the unit.

(i) If a holder of a sheriff's certificate of sale, prior to the expiration of the period of
redemption, pays any past due or current assessments, or any other charges lienable as
assessments, with respect to the unit described in the sheriff's certificate, then the amount
paid shall be a part of the sum required to be paid to redeem under section 582.03.

(j) In a cooperative, if the unit owner fails to redeem before the expiration of the
redemption period in a foreclosure of the association's assessment lien, the association may
bring an action for eviction against the unit owner and any persons in possession of the unit,
and in that case section 504B.291 shall not apply.

(k) An association may assign its lien rights in the same manner as any other secured
party.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027, and applies to
foreclosures commenced on or after that date.
new text end

Sec. 10.

new text begin [515B.3-125] LEGAL FEES; NOTICE REQUIRED.
new text end

new text begin (a) If an association elects to refer a unit owner's inquiry to the association's legal counsel,
the association must notify the unit owner in advance that the association:
new text end

new text begin (1) intends to refer the inquiry to the association's legal counsel; and
new text end

new text begin (2) may incur legal fees which may result in an assessment to the unit owner.
new text end

new text begin (b) The board must provide the notification under subsection (a) at no cost to the unit
owner.
new text end

new text begin (c) The association shall refer the unit owner or the unit owner's attorney to the
association's legal counsel if the inquiry concerns a pending legal matter involving the unit
owner and the association.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 11.

Minnesota Statutes 2024, section 515B.4-1021, is amended to read:

515B.4-1021 DISCLOSURE STATEMENT; GENERAL PROVISIONS; CIC
CREATED ON OR AFTER AUGUST 1, 2010.

(a) A disclosure statement shall fully and accurately disclose:

(1) the name and, if available, the number of the common interest community;

(2) the name and principal address of each declarant holding any special declarant rights;
a description of the special declarant rights held by each declarant; a description of the units
or additional real estate to which the respective special declarant rights apply; and a copy
of any recorded transfer of special declarant rights pursuant to section 515B.3-104(a), or
any instrument recorded pursuant to section 515B.3-104(b), (g), or (h);

(3) the total number of units which all declarants have the right to include in the common
interest community and a statement that the common interest community is either a
condominium, cooperative, or planned community;

(4) a general description of the common interest community, including, at a minimum,
(i) the number of buildings, (ii) the number of dwellings per building, (iii) the type of
construction, (iv) whether the common interest community involves new construction or
rehabilitation, (v) whether any building was wholly or partially occupied, for any purpose,
before it was added to the common interest community, and the nature of the occupancy,
(vi) a general description of any roads, trails, or utilities that are located on the common
elements and that the association or master association will be required to maintain, (vii) a
description of any declarant licensing rights under section 515B.2-109(e), and (viii) the
initial maintenance plan, initial maintenance schedule, and maintenance budget under section
515B.3-107(b). The initial maintenance plan prepared by the declarant must be based on
the best available information listing all building elements to which the plan will apply and
the generally accepted standards of maintenance on which the plan is based. The initial plan
must be dated and signed by the declarant and be fully funded by the initial budget provided
by the declarant;

(5) declarant's schedule of commencement and completion of construction of any
buildings and other improvements that the declarant is obligated to build pursuant to section
515B.4-117;

(6) any expenses or services, not reflected in the budget, that the declarant pays or
provides, which may become a common expense; the projected common expense attributable
to each of those expenses or services; a description of any alternate common expense plan
under section 515B.3-115(a)(2)(i); and, if the declaration provides for an alternate common
expense plan, either (i) a statement that the alternate common expense plan will have no
effect on the level of services or amenities anticipated by the association's budget or disclosed
in the disclosure statement, or (ii) a statement describing how the services or amenities may
be affected;

(7) any initial or special fee due from the purchaser to the declarant or the association
at closing, together with a description of the purpose and method of calculating the fee;

(8) identification of any liens, defects, or encumbrances which will continue to affect
the title to a unit or to any real property owned by the association after the contemplated
conveyance;

(9) a description of any financing offered or arranged by the declarant;

(10) a statement as to whether application has been made for any project approvals for
the common interest community from the Federal National Mortgage Association (FNMA),
Federal Home Loan Mortgage Corporation (FHLMC), Department of Housing and Urban
Development (HUD), or Department of Veterans Affairs (VA), and which, if any, such
final approvals have been received;

(11) the terms of any warranties provided by the declarant, including copies of sections
515B.4-112 to 515B.4-115, and any other applicable statutory warranties, and a statement
of any limitations on the enforcement of the applicable warranties or on damages;

(12) a statement that:

(i) within ten days after the receipt of a disclosure statement, a purchaser may cancel
any contract for the purchase of a unit from a declarant; provided, that the right to cancel
terminates upon the purchaser's voluntary acceptance of a conveyance of the unit from the
declarant or by the purchaser agreeing to modify or waive the right to cancel in the manner
provided by section 515B.4-106(a);

(ii) if a purchaser receives a disclosure statement more than ten days before signing a
purchase agreement, the purchaser cannot cancel the purchase agreement; and

(iii) if a declarant obligated to deliver a disclosure statement fails to deliver a disclosure
statement which substantially complies with this chapter to a purchaser to whom a unit is
conveyed, the declarant shall be liable to the purchaser as provided in section 515B.4-106(d);

(13) a statement disclosing to the extent of the declarant's or an affiliate of a declarant's
actual knowledge, after reasonable inquiry, any unsatisfied judgments or lawsuits to which
the association is a party, and the status of those lawsuits which are material to the common
interest community or the unit being purchased;

(14) a statement (i) describing the conditions under which earnest money will be held
in and disbursed from the escrow account, as set forth in section 515B.4-109, (ii) that the
earnest money will be returned to the purchaser if the purchaser cancels the contract pursuant
to section 515B.4-106, and (iii) setting forth the name and address of the escrow agent;

(15) a detailed description of the insurance coverage provided by the association for the
benefit of unit owners, including new text begin but not limited to:
new text end

new text begin (i) new text end a statement as to which, if any, of the items referred to in section 515B.3-113(b), are
insured by the association new text begin ;
new text end

new text begin (ii) the amount of the association's deductible; and
new text end

new text begin (iii) the following statement: "IF THE ASSOCIATION LEVIES A LOSS
ASSESSMENT, THE UNIT OWNER IS PERSONALLY RESPONSIBLE FOR PAYING
IT, EVEN IF THE UNIT OWNER DOES NOT HAVE SUFFICIENT INSURANCE
COVERAGE. It is recommended that each unit owner personally purchase insurance
coverage for loss assessments in an amount at least equal to the association's deductible, as
well as insurance to cover the interior of the unit and personal property. A unit owner should
conduct a regular review of their individual insurance policy and increase coverage as
necessary to fully cover their portion of the association's deductible." new text end ;

(16) any current or expected fees or charges, other than assessments for common
expenses, to be paid by unit owners for the use of the common elements or any other
improvements or facilities;

(17) the financial arrangements, including any contingencies, which have been made to
provide for completion of all improvements that the declarant is obligated to build pursuant
to section 515B.4-118, or a statement that no such arrangements have been made;

(18) in a cooperative:

(i) whether the unit owners will be entitled, for federal and state tax purposes, to deduct
payments made by the association for real estate taxes and interest paid to the holder of a
security interest encumbering the cooperative;

(ii) a statement as to the effect on the unit owners if the association fails to pay real estate
taxes or payments due the holder of a security interest encumbering the cooperative; and

(iii) the principal amount and a general description of the terms of any blanket mortgage,
contract for deed, or other blanket security instrument encumbering the cooperative property;

(19) a statement:

(i) that real estate taxes for the unit or any real property owned by the association are
not delinquent or, if there are delinquent real estate taxes, describing the property for which
the taxes are delinquent, stating the amount of the delinquent taxes, interest, and penalties,
and stating the years for which taxes are delinquent; and

(ii) setting forth the amount of real estate taxes, including the amount of any special
assessment certified for payment with the real estate taxes, due and payable with respect to
the unit in the year in which the disclosure statement is given, if real estate taxes have been
separately assessed against the unit;

(20) if the unit or other parcel of real estate being purchased is or may be subject to a
master declaration at the time of the conveyance from the declarant to the purchaser, a
statement to that effect, and all of the following information with respect to the master
association:

(i) copies of the following documents (which may be in proposed form if the master
declaration has not been recorded): the master declaration, the articles of incorporation,
bylaws, and rules and regulations for the master association, together with any amendments
thereto;

(ii) the name and address of the master developer, and the name, address, and general
description of the master association, including a general description of any other association,
unit owners, or other persons which are or may become members;

(iii) a description of any nonresidential use permitted on any property subject to the
master declaration;

(iv) a statement as to the estimated maximum number of associations, unit owners, or
other persons which may become members of the master association, and a description of
any period of control of the master association and rights to appoint master association
directors by a master developer or other person pursuant to section 515B.2-121(c);

(v) a description of any facilities intended for the benefit of the members of the master
association and not located on property owned or controlled by a member of the master
association;

(vi) the financial arrangements, including any contingencies, which have been made to
provide for completion of the facilities referred to in subsection (v), or a statement that no
arrangements have been made;

(vii) any current balance sheet of the master association and a projected or current annual
budget, as applicable, which budget shall include with respect to the master association
those items in paragraph (23), clauses (i) through (iii), and the projected monthly or other
periodic common expense assessment payment for each type of unit, lot, or other parcel of
real estate which is or is planned to be subject to assessment;

(viii) a description of any expenses or services not reflected in the budget, paid for or
provided by a master developer or another person executing the master declaration, which
may become an expense of the master association in the future;

(ix) a description of any powers delegated to and accepted by the master association
pursuant to section 515B.2-121(e)(2);

(x) identification of any liens, defects, or encumbrances that will continue to affect title
to property owned or operated by the master association for the benefit of its members;

(xi) the terms of any warranties provided by any person for construction of facilities in
which the members of the master association have or may have an interest, and any known
defects in the facilities which would violate the standards described in section
515B.4-113(b)(2);

(xii) a statement disclosing, after inquiry of the master association, any unsatisfied
judgments or lawsuits to which the master association is a party, and the status of those
lawsuits which are material to the master association;

(xiii) a description of any insurance coverage provided for the benefit of its members
by the master association new text begin which must include the amount of the association's deductible.
All descriptions of insurance must contain the following statement in a conspicuous manner:
"IF THE ASSOCIATION LEVIES A LOSS ASSESSMENT, THE UNIT OWNER IS
PERSONALLY RESPONSIBLE FOR PAYING IT, EVEN IF THE UNIT OWNER DOES
NOT HAVE SUFFICIENT INSURANCE COVERAGE. It is recommended that each unit
owner personally purchase insurance coverage for loss assessments in an amount at least
equal to the association's deductible, as well as insurance to cover the interior of the unit
and personal property. A unit owner should conduct a regular review of their individual
insurance policy and increase coverage as necessary to fully cover their portion of the
association's deductible." new text end ; and

(xiv) any current or expected fees or charges, other than assessments by the master
association, to be paid by members of the master association for the use of any facilities
intended for the benefit of the members;

(21) a statement as to whether the unit will be substantially completed at the time of
conveyance to a purchaser, and, if not substantially completed, who is responsible to complete
and pay for the construction of the unit;

(22) copies of the following documents (which may be in proposed form if the declaration
has not been recorded): the declaration and any supplemental declaration, and any
amendments thereto (exclusive of the CIC plat); any other recorded covenants, conditions,
restrictions, and reservations affecting the common interest community; the articles of
incorporation, bylaws, and any rules or regulations of the association; the names of the
current members of the association's board of directors; any agreement excluding or
modifying any implied warranties; any agreement reducing the statute of limitations for the
enforcement of warranties; any contracts or leases to be signed by the purchaser at closing;
and a description of any material contracts, leases, or other agreements affecting the common
interest community; deleted text begin and
deleted text end

(23) a balance sheet for the association, following the creation of the association, current
within 90 days; a projected annual budget for the association; and a statement identifying
the party responsible for the preparation of the budget. The budget shall assume that all
units intended to be included in the common interest community, based upon the declarant's
good faith estimate, have been subjected to the declaration; provided, that additional budget
portrayals based upon a lesser number of units are permitted. The budget shall include,
without limitation:

(i) a statement of the amount included in the budget as a reserve for replacement, the
components of the common interest community for which the reserves are budgeted, and
the amounts of the reserves, if any, that are allocated for the replacement of each of those
components;

(ii) a statement of any other reserves;

(iii) the projected common expense for each category of expenditures for the association;

(iv) the projected monthly common expense assessment for each type of unit;

(v) a statement as to the components of the common interest community whose
replacement will be funded by assessments under section 515B.3-115(c) or (e), rather than
by replacement reserves as approved pursuant to section 515B.3-114(a). If, based upon the
association's then-current budget, the monthly common expense assessment for the unit at
the time of conveyance to the purchaser is anticipated to exceed the monthly assessment
stated in the budget, a statement to such effect shall be included deleted text begin . deleted text end new text begin ; and
new text end

new text begin (vi) a copy of any reserve study, if any, or any other reports or estimates, if any, utilized
by the declaration in providing the information required by section 515B.4-102(a)(23); and
new text end

new text begin (24) the schedules of fines and allowable remedies required under section 515B.3-102
and the collection policy adopted by the association under section 515B.3-115(k) or
515B.3-1151(k).
new text end

(b) A declarant shall promptly amend the disclosure statement to reflect any material
change in the information required by this chapter.

(c) The master association, within ten days after a request by a declarant, a holder of
declarant rights, or a buyer referred to in section 515B.4-101(e), or the authorized
representative of any of them, shall furnish the information required to be provided by
subsection (a)(20). A declarant or other person who provides information pursuant to
subsection (a)(20), is not liable to the buyer for any erroneous information if the declarant
or other person: (i) is not an affiliate of or related in any way to a person authorized to
appoint the master association board pursuant to section 515B.2-121(c)(3), and (ii) has no
actual knowledge that the information is incorrect.

(d) This section applies only to common interest communities created on or after August
1, 2010.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 12.

Minnesota Statutes 2024, section 515B.4-107, is amended to read:

515B.4-107 RESALE OF UNITS.

(a) In the event of a resale of a unit by a unit owner other than a declarant, unless exempt
under section 515B.4-101(c), the unit owner shall furnish to a purchaser, before execution
of any purchase agreement for a unit or otherwise before conveyance, the following
documents relating to the association or to the master association, if applicable:

(1) copies of the declaration (other than any CIC plat), the articles of incorporation and
bylaws, any rules and regulations, and any amendments or supplemental declarations new text begin ,
including the schedules of fines and allowable remedies required under section 515B.3-102
and the collection policy adopted by the association under section 515B.3-115(k) or
515B.3-1151(k) new text end ;

(2) copies of the master declaration, articles of incorporation, bylaws, and rules and
regulations, if the common interest community is subject to a master declaration; deleted text begin and
deleted text end

(3) a resale disclosure certificate from the association dated not more than 90 days prior
to the date of the purchase agreement or the date of conveyance, whichever is earlier,
containing the information set forth in subsection (b) deleted text begin . deleted text end new text begin ; and
new text end

new text begin (4) a copy of any reserve study, if any, obtained by the association within the past three
years for the purposes of evaluating the adequacy of replacement reserve contributions and
compliance with section 515B.3-1141.
new text end

(b) The resale disclosure certificate must be in substantially the following form:

COMMON INTEREST COMMUNITY

RESALE DISCLOSURE CERTIFICATE

Name of Common Interest Community: .

Name of Association: .

Address of Association: .

Unit Number(s) (include principal unit and any garage, storage, or other auxiliary units):

Common elements licensed under Minnesota Statutes, section 515B.2-109(e):

.

.

The following information is furnished by the association named above according to
Minnesota Statutes, section 515B.4-107.

1. There is no right of first refusal or other restraint on the free alienability of the above
unit(s) contained in the declaration, bylaws, rules and regulations, or any amendment to
them, except as follows: .

.

.

.

2. The following periodic installments of common expense assessments and special
assessments are payable with respect to the above unit(s):

	a.	Annual assessment installments:				$ .	Due: .
	b.	Special assessment installments:				$ .	Due: .
	c.	Unpaid assessments, fines, or other charges:
			(1)	Annual	$ .
			(2)	Special	$ .
			(3)	Fines	$ .
			(4)	Other Charges	$ .
	d.	The association has/has not (strike one) approved a plan for levying certain common expense assessments against fewer than all the units according to Minnesota Statutes, section 515B.3-115, subsection (e). If a plan is approved, a description of the plan is attached to this certificate.

3. In addition to the amounts due under paragraph 2, the following additional fees or
charges other than assessments are payable by unit owners (include late payment charges,
user fees, etc.):

.

.

.

4. There are no extraordinary expenditures approved by the association, and not yet
assessed, for the current and two succeeding fiscal years, except as follows: .

.

.

5. The association is obligated to replace the following components of the common
interest community: .

.

.

The association has the following amounts in its reserves for replacement of those
components:

.

.

The replacement of the following components is funded by assessments levied only against
the unit or units served by the component, pursuant to Minnesota Statutes, section
515B.3-115 (e)(1) or (2). .

.

.

6. The following documents are furnished with this certificate according to statute:

	a.	The most recent regularly prepared balance sheet and income and expense statement of the association.
	b.	The current budget of the association.

7. There are no unsatisfied judgments against the association, except as follows (identify
creditor and amount): .

.

.

8. There are no pending lawsuits to which the association is a party, except as follows
(identify and summarize status): .

.

.

9. Description of insurance coverages:

a. The association provides the following insurance coverage for the benefit of unit
owners: (Reference may be made to applicable sections of the declaration or bylaws;
however, any additional coverages should be described in this space) .

.

.

.

b. The following described fixtures, decorating items, or construction items within the
unit referred to in Minnesota Statutes, section 515B.3-113, subsection (b), are insured by
the association (check as applicable):

..... Ceiling or wall finishing materials

..... Finished flooring

..... Cabinetry

..... Finished millwork

..... Electrical, heating, ventilating, and air conditioning equipment, or plumbing fixtures
serving a single unit

..... Built-in appliances

..... Improvements and betterments as originally constructed

..... Additional improvements and betterments installed by unit owners

new text begin c. The association's master insurance has deductible amounts for property damage and
wind or hail claims that may be assessed to a unit as a "loss assessment." The unit owner,
at the time a loss assessment is due, is personally liable for payment of a loss assessment.
The deductible and potential loss assessment amount is subject to change each year when
the association purchases new insurance. It is recommended that you personally purchase
insurance coverage for loss assessments in the amount at least equal to the association's
deductible, which the unit owner should review and update if the deductible changes. IF
THE ASSOCIATION LEVIES A LOSS ASSESSMENT, YOU ARE PERSONALLY
RESPONSIBLE FOR PAYING IT, EVEN IF YOU DO NOT HAVE SUFFICIENT
INSURANCE COVERAGE. It is recommended that each unit owner personally purchase
insurance coverage for loss assessments in an amount at least equal to the association's
deductible, as well as insurance to cover the interior of the unit and personal property. A
unit owner should conduct a regular review of their individual insurance policy and increase
coverage as necessary to fully cover their portion of the association's deductible.
new text end

10. The board of directors of the association has not notified the unit owner (i) that any
alterations or improvements to the unit or to the limited common elements assigned to it
violate any provision of the declaration; or (ii) that the unit is in violation of any governmental
statute, ordinance, code, or regulation, except as follows: .

.

11. The remaining term of any leasehold estate affecting the common interest community
and the premises governing any extension or renewal of it are as follows: .

.

.

12. This Resale Disclosure Certificate is given in connection with the resale of a unit
by a unit owner who is not a declarant and who, therefore, is not liable for express warranties
under Minnesota Statutes, section 515B.4-112, or implied warranties under Minnesota
Statutes, section 515B.4-113. The conveyance of this unit may, however, result in a transfer
of preexisting warranties made by a declarant under the referenced statutes, subject to the
terms of Minnesota Statutes, sections 515B.4-114 and 515B.4-115.

13. In addition to the above, the following matters affecting the occupancy or use of the
unit, or the unit owner's obligations with respect to the unit, are deemed material: .

.

I hereby certify that the foregoing information and statements are true and correct as
of .

.
(Date)
		By: .
		Title: .
		(Association representative)
		Address: .
		Phone Number: .

RECEIPT

In addition to the foregoing information furnished by the association, the unit owner is
obligated to furnish to the purchaser before execution of any purchase agreement for a unit
or otherwise before conveyance, copies of the following documents relating to the association
or to the master association (as applicable): the declaration (other than any common interest
community plat), articles of incorporation, bylaws, rules and regulations (if any), and any
amendments to these documents. Receipt of the foregoing documents, and the resale
disclosure certificate, is acknowledged by the undersigned buyer(s).

	Dated: .		.
			(Buyer)
			.
			(Buyer)

(c) If the common interest community is subject to a master declaration and governed
by a master association to which has been delegated any of the association's powers under
section 515B.3-102(a)(2), then the financial information required to be disclosed under
subsection (b) may be disclosed on a consolidated basis.

(d) The association, within ten days after a request by a unit owner, or the unit owner's
authorized representative, shall furnish the certificate required in subsection (a). The
association may charge a reasonable fee for furnishing the certificate and any association
documents related thereto. A unit owner providing a certificate pursuant to subsection (a)
is not liable to the purchaser for any erroneous information provided by the association and
included in the certificate. A unit owner who has acquired title to a unit pursuant to section
515B.3-104 including, but not limited to, a unit owner who has acquired title through
foreclosure or a deed in lieu of foreclosure, must indicate to the association in connection
with a request for a resale disclosure certificate whether the requesting unit owner is or is
not a declarant. The unit owner, not the association, is liable for any damage, loss, or other
consequence arising out of the incorrect representation of its declarant status.

(e) A purchaser is not liable for any unpaid common expense assessments, including
special assessments, if any, not set forth in the certificate required in subsection (a). A
purchaser is not liable for the amount by which the annual or special assessments exceed
the amount of annual or special assessments stated in the certificate for assessments payable
in the year in which the certificate was given, except to the extent of any increases
subsequently approved in accordance with the declaration or bylaws. A unit owner is not
liable to a purchaser for the failure of the association to provide the certificate, or a delay
by the association in providing the certificate in a timely manner.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 13.

Minnesota Statutes 2024, section 515B.4-116, is amended to read:

515B.4-116 RIGHTS OF ACTION; new text begin RETALIATION PROHIBITED; new text end ATTORNEY'S
FEES.

(a) In addition to any other rights to recover damages, attorney's fees, costs or expenses,
whether authorized by this chapter or otherwise, if a declarant, an association, or any other
person violates any provision of this chapter, or any provision of the declaration, bylaws,
or rules and regulations any person or class of persons adversely affected by the failure to
comply has a claim for appropriate relief. Subject to the requirements of section 515B.3-102,
the association shall have standing to pursue claims on behalf of the unit owners of two or
more units.

(b) The court may award reasonable attorney's fees and costs of litigation to the prevailing
party. Punitive damages may be awarded for a willful failure to comply.

(c) As a condition precedent to any construction defect claim, the parties to the claim
must submit the matter to mediation before a mutually agreeable neutral third party. For
the purposes of this section, mediation has the meaning given under the General Rules of
Practice, rule 114.02 (7). If the parties are not able to agree on a neutral third-party mediator
from the roster maintained by the Minnesota Supreme Court, the parties may petition the
district court in the jurisdiction in which the common interest community is located to
appoint a mediator. The applicable statute of limitations and statute of repose for an action
based on breach of a warranty imposed by this section, or any other action in contract, tort,
or other law for any injury to real or personal property or bodily injury or wrongful death
arising out of the alleged construction defect, is tolled from the date that any party makes
a written demand for mediation under this section until the latest of the following:

(1) five business days after mediation is completed; or

(2) 180 days.

Notwithstanding the foregoing, mediation shall not be required prior to commencement
of a construction defect claim if the parties have completed home warranty dispute resolution
under section 327A.051.

(d) The remedies provided for under this chapter are not exclusive and do not abrogate
any remedies under other statutes or the common law, notwithstanding whether those
remedies are referred to in this chapter.

new text begin (e) An association may not retaliate against a unit owner for asserting any right the unit
owner has under this chapter or other law. For the purposes of this section, "retaliation"
means to restrict any right or privilege a unit owner has, or impose any fine, penalty, or
other charge on a unit owner, not authorized under the declaration, bylaws, or rules or
regulations. Retaliation does not include commencing a foreclosure action for a fine that
remains unpaid after the time allowed for payment, after the board has adopted a resolution
upholding a fine under section 515B.3-102, subsection (a)(11).
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 14.

new text begin [515B.5-101] LOCAL GOVERNMENT REGULATIONS.
new text end

new text begin Subdivision 1. new text end

new text begin Definition. new text end

new text begin For purposes of this section, "local government" means a
county; a town; a municipality as defined in section 462.352, subdivision 2; a joint planning
board; or a public corporation, including the Metropolitan Council.
new text end

new text begin Subd. 2. new text end

new text begin Prohibited regulations. new text end

new text begin Except as required by state or federal law or rule, a
local government must not condition approval of a residential building permit or conditional
use permit, residential subdivision development or residential planned unit development,
or any other permit related to residential development on the:
new text end

new text begin (1) creation of a homeowners association;
new text end

new text begin (2) inclusion of any service, feature, or common property necessitating a homeowners
association, unless requested by the developer;
new text end

new text begin (3) inclusion of any terms in a homeowners association declaration, bylaws, articles of
incorporation, or any other governing document; or
new text end

new text begin (4) adoption or revocation of, or amendment to, a rule or regulation governing the
homeowners association or its members.
new text end

new text begin Subd. 3. new text end

new text begin Exemptions. new text end

new text begin Nothing in this section prohibits:
new text end

new text begin (1) a local government from requiring the maintenance or insurance of common elements;
or
new text end

new text begin (2) a project applicant from providing an easement to access public infrastructure.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2027.
new text end

Sec. 15. new text begin APPLICATION.
new text end

new text begin Sections 1 to 13 are effective on the dates provided and apply to common interest
communities created before, on, or after the date of enactment. Notwithstanding any other
law, common interest communities shall have three years from the date of enactment to
update governing documents to reflect the changes in sections 1 to 13, however, until a
common interest community has updated their governing documents, a copy of sections 1
to 13 must be provided with each disclosure statement required under Minnesota Statutes,
sections 515B.4-102 and 515B.4-1021. The schedule of fees produced under Minnesota
Statutes, section 515B.3-102, subsection (a)(11), shall be provided to all current unit owners
no later than January 31, 2027.
new text end