Bill > HF3459

This bill makes various clarifying, technical, and conforming changes to Minnesota's Common Interest Ownership Act, which governs condominiums, cooperatives, and planned communities. Key provisions include clarifying the applicability of the Act to different types of common interest communities and their creation dates, refining definitions for terms like "CIC plat" and "development party," and updating requirements for common interest community plats (CIC plats) based on their creation date. The bill also introduces specific provisions for common interest communities created on or after August 1, 2017, regarding construction defect claims, requiring mediation before litigation and tolling statutes of limitations. It clarifies the number of directors for certain associations, modifies rules regarding the recording of bylaws, and updates insurance policy requirements, including provisions for additional insureds and primary insurance. Additionally, the bill addresses the transfer of special declarant rights, clarifies liability for declarants and transferees, and modifies the requirements for termination of contracts and leases, with different rules for common interest communities created before and after August 1, 2010. It also adjusts provisions related to replacement reserves, assessments for common expenses, and the content of disclosure statements and resale certificates, ensuring consistency with the updated timelines and definitions. Finally, the bill includes provisions for the severance of common interest communities and the addition of common elements, along with updates to implied warranties and rights of action.

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https://www.revisor.mn.gov/bills/94/2026/0/HF/3459/