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2014 Minnesota Statutes

CHAPTER 515B. MINNESOTA COMMON INTEREST OWNERSHIP ACT

Table of Sections
Section Headnote
515B.1-100 MS 2006 [Renumbered 15.001]
ARTICLE 1
APPLICABILITY, DEFINITIONS AND OTHER GENERAL PROVISIONS
515B.1-101 SHORT TITLE.
515B.1-102 APPLICABILITY.
515B.1-103 DEFINITIONS.
515B.1-104 VARIATION BY AGREEMENT.
515B.1-105 SEPARATE TITLES AND TAXATION.
515B.1-106 APPLICABILITY OF LOCAL REQUIREMENTS.
515B.1-107 EMINENT DOMAIN.
515B.1-108 THIS CHAPTER PREVAILS; SUPPLEMENTAL LAW.
515B.1-109 CONSTRUCTION AGAINST IMPLICIT REPEAL.
515B.1-110 [Repealed, 1996 c 310 s 1]
515B.1-1105 VACATION OF ABUTTING PUBLICLY DEDICATED PROPERTY.
515B.1-111 [Repealed, 1996 c 310 s 1]
515B.1-112 UNCONSCIONABLE AGREEMENT OR TERM OF CONTRACT.
515B.1-113 OBLIGATION OF GOOD FAITH.
515B.1-114 REMEDIES TO BE LIBERALLY ADMINISTERED.
515B.1-115 NOTICE.
515B.1-116 RECORDING.
ARTICLE 2
CREATION, ALTERATION AND TERMINATION
515B.2-101 CREATION OF COMMON INTEREST COMMUNITIES.
515B.2-102 UNIT BOUNDARIES.
515B.2-103 CONSTRUCTION AND VALIDITY OF DECLARATION AND BYLAWS.
515B.2-104 DESCRIPTION OF UNITS.
515B.2-105 DECLARATION CONTENTS; ALL COMMON INTEREST COMMUNITIES.
515B.2-106 DECLARATION OF FLEXIBLE COMMON INTEREST COMMUNITIES.
515B.2-107 DECLARATION OF LEASEHOLD COMMON INTEREST COMMUNITIES.
515B.2-108 ALLOCATION OF INTERESTS.
515B.2-109 COMMON ELEMENTS AND LIMITED COMMON ELEMENTS.
515B.2-110 COMMON INTEREST COMMUNITY PLAT (CIC PLAT); CIC CREATED BEFORE AUGUST 1, 2010.
515B.2-1101 COMMON INTEREST COMMUNITY PLAT (CIC PLAT); CIC CREATED ON OR AFTER AUGUST 1, 2010.
515B.2-111 EXPANSION OF FLEXIBLE COMMON INTEREST COMMUNITY.
515B.2-112 SUBDIVISION, COMBINATION, OR CONVERSION OF UNITS.
515B.2-113 ALTERATION OF UNITS.
515B.2-114 RELOCATION OF BOUNDARIES BETWEEN ADJOINING UNITS.
515B.2-115 MINOR VARIATIONS IN BOUNDARIES.
515B.2-116 USE FOR SALES PURPOSES.
515B.2-117 DECLARANT'S EASEMENT RIGHTS.
515B.2-118 AMENDMENT OF DECLARATION.
515B.2-119 TERMINATION OF COMMON INTEREST COMMUNITY.
515B.2-120 RIGHTS OF SECURED PARTIES.
515B.2-121 MASTER ASSOCIATIONS.
515B.2-122 MERGER OR CONSOLIDATION OF COMMON INTEREST COMMUNITIES.
515B.2-123 CHANGE OF FORM OF COMMON INTEREST COMMUNITY.
515B.2-124 SEVERANCE OF COMMON INTEREST COMMUNITY.
515B.2-125 ADDITION OF COMMON ELEMENTS.
ARTICLE 3
ORGANIZATION AND OPERATION
515B.3-101 ORGANIZATION OF UNIT OWNERS' ASSOCIATION.
515B.3-102 POWERS OF UNIT OWNERS' ASSOCIATION.
515B.3-103 BOARD OF DIRECTORS, OFFICERS AND DECLARANT CONTROL.
515B.3-104 TRANSFER OF SPECIAL DECLARANT RIGHTS; SPECIAL DECLARANT RIGHTS TRANSFERRED BEFORE AUGUST 1, 2010.
515B.3-1041 SPECIAL DECLARANT RIGHTS; TRANSFER, LIABILITY OF TRANSFEROR AND TRANSFEREE, AND TERMINATION; SPECIAL DECLARANT RIGHTS TRANSFERRED ON OR AFTER AUGUST 1, 2010.
515B.3-105 TERMINATION OF CONTRACTS, LEASES; CIC CREATED BEFORE AUGUST 1, 2010.
515B.3-1051 TERMINATION OF CONTRACTS, LEASES, LICENSES; CIC CREATED ON OR AFTER AUGUST 1, 2010.
515B.3-106 BYLAWS; ANNUAL REPORT.
515B.3-107 UPKEEP OF COMMON INTEREST COMMUNITY.
515B.3-108 MEETINGS.
515B.3-109 QUORUMS.
515B.3-110 VOTING; PROXIES.
515B.3-111 TORT AND CONTRACT LIABILITY.
515B.3-112 CONVEYANCE OF, OR CREATION OF SECURITY INTERESTS IN, COMMON ELEMENTS.
515B.3-113 INSURANCE.
515B.3-114 RESERVES; SURPLUS FUNDS.
515B.3-1141 REPLACEMENT RESERVES.
515B.3-115 ASSESSMENTS FOR COMMON EXPENSES; CIC CREATED BEFORE AUGUST 1, 2010.
515B.3-1151 ASSESSMENTS FOR COMMON EXPENSES; CIC CREATED ON OR AFTER AUGUST 1, 2010.
515B.3-116 LIEN FOR ASSESSMENTS.
515B.3-117 OTHER LIENS.
515B.3-118 ASSOCIATION RECORDS.
515B.3-119 ASSOCIATION AS TRUSTEE.
515B.3-120 DECLARANT DUTIES; TURNOVER OF RECORDS.
515B.3-121 ACCOUNTING CONTROLS.
ARTICLE 4
PROTECTION OF PURCHASERS
515B.4-101 APPLICABILITY; DELIVERY OF DISCLOSURE STATEMENT.
515B.4-102 DISCLOSURE STATEMENT; GENERAL PROVISIONS; CIC CREATED BEFORE AUGUST 1, 2010.
515B.4-1021 DISCLOSURE STATEMENT; GENERAL PROVISIONS; CIC CREATED ON OR AFTER AUGUST 1, 2010.
515B.4-103 COMMON INTEREST COMMUNITIES SUBJECT TO RIGHTS TO ADD ADDITIONAL REAL ESTATE.
515B.4-104 TIME SHARES.
515B.4-105 COMMON INTEREST COMMUNITY WITH BUILDING ONCE OCCUPIED.
515B.4-106 PURCHASER'S RIGHT TO CANCEL.
515B.4-107 RESALE OF UNITS.
515B.4-108 PURCHASER'S RIGHT TO CANCEL RESALE.
515B.4-109 ESCROW DEPOSITS.
515B.4-110 OBLIGATION TO RELEASE LIENS.
515B.4-111 CONVERSION PROPERTY.
515B.4-112 EXPRESS WARRANTIES.
515B.4-113 IMPLIED WARRANTIES.
515B.4-114 EXCLUSION OR CHANGE OF IMPLIED WARRANTIES.
515B.4-115 STATUTE OF LIMITATIONS FOR WARRANTIES; CIC CREATED BEFORE AUGUST 1, 2010.
515B.4-1151 STATUTE OF LIMITATIONS FOR WARRANTIES; CIC CREATED ON OR AFTER AUGUST 1, 2010, AND BEFORE AUGUST 1, 2011.
515B.4-1152 STATUTE OF LIMITATIONS FOR WARRANTIES; CIC CREATED ON OR AFTER AUGUST 1, 2011.
515B.4-116 RIGHTS OF ACTION; ATTORNEY'S FEES.
515B.4-117 LABELING OF PROMOTIONAL MATERIAL.
515B.4-118 DECLARANT'S OBLIGATION TO COMPLETE AND RESTORE.

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