Minn. Stat. ch. 515B – Minnesota Common Interest Ownership Act | Midpage

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Chapter 515B

Minn. Stat. ch. 515B

Minnesota Common Interest Ownership Act

515B.1-100MS 2006 [Renumbered 15.001]515B.1-101Short Title 515B.1-102Applicability 515B.1-103Definitions 515B.1-104Variation by Agreement 515B.1-105Separate Titles and Taxation 515B.1-106Applicability of Local Requirements 515B.1-107Eminent Domain 515B.1-108This Chapter Prevails; Supplemental Law 515B.1-109Construction Against Implicit Repeal 515B.1-110MS 1994 [Repealed, 1996 c 310 s 1]515B.1-1105Vacation of Abutting Publicly Dedicated Property 515B.1-111MS 1994 [Repealed, 1996 c 310 s 1]515B.1-112Unconscionable Agreement or Term of Contract 515B.1-113Obligation of Good Faith 515B.1-114Remedies to Be Liberally Administered 515B.1-115Notice 515B.1-116Recording 515B.2-101Creation of Common Interest Communities 515B.2-102Unit Boundaries 515B.2-103Construction and Validity of Declaration and Bylaws 515B.2-104Description of Units 515B.2-105Declaration Contents; All Common Interest Communities 515B.2-106Declaration of Flexible Common Interest Communities 515B.2-107Declaration of Leasehold Common Interest Communities 515B.2-108Allocation of Interests 515B.2-109Common Elements and Limited Common Elements 515B.2-110Common Interest Community Plat (CIC Plat); CIC Created Before August 1, 2010 515B.2-1101Common Interest Community Plat (CIC Plat); CIC Created on or After August 1, 2010 515B.2-111Expansion of Flexible Common Interest Community 515B.2-112Subdivision, Combination, or Conversion of Units 515B.2-113Alteration of Units 515B.2-114Relocation of Boundaries Between Adjoining Units 515B.2-115Minor Variations in Boundaries 515B.2-116Use for Sales Purposes 515B.2-117Declarant's Easement Rights 515B.2-118Amendment of Declaration 515B.2-119Termination of Common Interest Community 515B.2-120Rights of Secured Parties 515B.2-121Master Associations 515B.2-122Merger or Consolidation of Common Interest Communities 515B.2-123Change of Form of Common Interest Community 515B.2-124Severance of Common Interest Community 515B.2-125Addition of Common Elements 515B.3-101Organization of Unit Owners' Association 515B.3-102Powers of Unit Owners' Association 515B.3-103Board of Directors, Officers and Declarant Control 515B.3-104Transfer of Special Declarant Rights; Special Declarant Rights Transferred Before August 1, 2010 515B.3-1041Special Declarant Rights; Transfer, Liability of Transferor and Transferee, and Termination; Special Declarant Rights Transferred on or After August 1, 2010 515B.3-105Termination of Contracts, Leases; CIC Created Before August 1, 2010 515B.3-1051Termination of Contracts, Leases, Licenses; CIC Created on or After August 1, 2010 515B.3-106Bylaws; Annual Report 515B.3-107Upkeep of Common Interest Community 515B.3-108Meetings 515B.3-109Quorums 515B.3-110Voting; Proxies 515B.3-111Tort and Contract Liability 515B.3-112Conveyance of, or Creation of Security Interests in, Common Elements 515B.3-113Insurance 515B.3-114Reserves; Surplus Funds 515B.3-1141Replacement Reserves 515B.3-115Assessments for Common Expenses; CIC Created Before August 1, 2010 515B.3-1151Assessments for Common Expenses; CIC Created on or After August 1, 2010 515B.3-116Lien for Assessments 515B.3-117Other Liens 515B.3-118Association Records 515B.3-119Association as Trustee 515B.3-120Declarant Duties; Turnover of Records 515B.3-121Accounting Controls 515B.4-101Applicability; Delivery of Disclosure Statement 515B.4-102Disclosure Statement; General Provisions; CIC Created Before August 1, 2010 515B.4-1021Disclosure Statement; General Provisions; CIC Created on or After August 1, 2010 515B.4-103Common Interest Communities Subject to Rights to Add Additional Real Estate 515B.4-104Time Shares 515B.4-105Common Interest Community with Building Once Occupied 515B.4-106Purchaser's Right to Cancel 515B.4-107Resale of Units 515B.4-108Purchaser's Right to Cancel Resale 515B.4-109Escrow Deposits 515B.4-110Obligation to Release Liens 515B.4-111Conversion Property 515B.4-112Express Warranties 515B.4-113Implied Warranties 515B.4-114Exclusion or Change of Implied Warranties 515B.4-115Statute of Limitations for Warranties; CIC Created Before August 1, 2010 515B.4-1151Statute of Limitations for Warranties; CIC Created on or After August 1, 2010, and Before August 1, 2011 515B.4-1152Statute of Limitations for Warranties; CIC Created on or After August 1, 2011 515B.4-116Rights of Action; Attorney's Fees 515B.4-117Labeling of Promotional Material 515B.4-118Declarant's Obligation to Complete and Restore