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Bill > HF3459


MN HF3459

MN HF3459
Minnesota Common Interest Ownership Act clarifying, technical, and conforming changes made; exemptions provided; number of directors for certain associations provided; and insurance policies clarified.


summary

Introduced
02/19/2026
In Committee
04/16/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to real property; making clarifying, technical, and conforming changes to the Minnesota Common Interest Ownership Act; providing for certain exemptions; providing for number of directors for certain associations; clarifying certain insurance policies; amending Minnesota Statutes 2024, sections 515B.1-102; 515B.1-103; 515B.1-116; 515B.2-101; 515B.2-102; 515B.2-104; 515B.2-105; 515B.2-108; 515B.2-110; 515B.2-1101; 515B.2-113; 515B.2-118; 515B.2-119; 515B.2-121; 515B.2-124; 515B.2-125; 515B.3-102; 515B.3-1041; 515B.3-105; 515B.3-1051; 515B.3-106; 515B.3-107; 515B.3-112; 515B.3-113; 515B.3-1141; 515B.3-1151; 515B.3-116; 515B.4-101; 515B.4-102; 515B.4-1021; 515B.4-103; 515B.4-104; 515B.4-105; 515B.4-106; 515B.4-107; 515B.4-113; 515B.4-116; 515B.4-118; Minnesota Statutes 2025 Supplement, section 515B.3-103; Laws 2024, chapter 96, article 1, section 91, as amended; article 2, section 13, as amended.

AI Summary

This bill makes various clarifying, technical, and conforming changes to Minnesota's Common Interest Ownership Act (CIOA), which governs condominiums, cooperatives, and planned communities. Key provisions include updating definitions, clarifying the applicability of certain sections to different types of common interest communities (CIC) and their creation dates, and refining rules regarding CIC plats, unit boundaries, and the description of units. The bill also addresses exemptions for certain types of CICs, clarifies the number of directors for associations with fewer than three units, and modifies insurance policy requirements, particularly concerning primary insurance and the handling of deductibles. Additionally, it updates provisions related to the transfer of special declarant rights, termination of contracts, assessment liens, and the content and delivery of disclosure statements for both new and resold units, with specific adjustments for CICs created on or after August 1, 2010, and August 1, 2017. Finally, it revises rules for construction defect claims, including mandatory mediation and tolling of statutes of limitations, and adjusts effective dates for certain provisions.

Committee Categories

Justice

Sponsors (2)

Last Action

HF indefinitely postponed (on 04/20/2026)

bill text


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