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MN SF1253
Common interest communities prohibition from charging fees for estoppel letters or certificates
summary
Introduced
02/10/2025
02/10/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to real property; prohibiting common interest communities from charging fees for estoppel letters or certificates; amending Minnesota Statutes 2024, section 513.73, subdivision 3; proposing coding for new law in Minnesota Statutes, chapter 515B.
AI Summary
This bill modifies Minnesota law to prohibit homeowner associations, condominium associations, cooperative associations, and property owner associations from charging fees for estoppel letters or certificates. An estoppel letter is a document that provides information about a property's current status, including any outstanding dues, fees, or violations. The bill amends existing statutes to remove language that previously allowed associations to charge fees for these documents, and explicitly states that any fees charged for preparing or delivering estoppel letters are now void. Specifically, the bill makes two key changes: first, it eliminates the provision in the definition of "private transfer fee" that previously allowed associations to charge fees for estoppel letters, and second, it adds a new section to state law that categorically prohibits associations or their agents from charging any fee for preparing or delivering these documents. The purpose of this legislation appears to be reducing financial burdens on property owners during real estate transactions by eliminating what some may have seen as unnecessary administrative charges.
Committee Categories
Justice
Sponsors (3)
Last Action
Referred to Judiciary and Public Safety (on 02/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1253&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1253&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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