Purpose of the Bill

The purpose of this bill is to enhance transparency and understanding of the laws governing condominium and homeowners associations in Minnesota. It aims to ensure that board members and unit owners have clear and accessible information about their rights and responsibilities, thereby improving governance and compliance within these communities.

Main Provisions

• Plain Language Explanation: The bill mandates that an explanation of the applicable laws for condominium and homeowners associations be provided in plain language. This is intended to make the legal aspects more understandable for all stakeholders involved.

• Board of Directors Training: Upon election or reelection, each member of a board of directors for a condominium or homeowners association is required to review both the governing documents of the association and the plain language explanation prepared for them.

• Information Sharing: Board members are responsible for sharing an electronic or print copy of this plain language explanation with unit owners who request assistance in understanding their rights or responsibilities as described in the association documents and relevant laws.

• Creation of a Guide: The bill includes an appropriation of funds to create a guide that explains laws related to common interest communities and homeowners associations.

Significant Changes to Existing Law

This bill introduces a requirement for both newly drafted statutory text within Chapter 515B of Minnesota Statutes and amendments to existing sections. It emphasizes the need for plain language documentation of laws and expects boards to actively help unit owners understand these laws, potentially filling gaps in current practices.

Relevant Terms

• Condominium association
• Homeowners association
• Board of directors
• Common interest communities
• Governing documents
• Plain language explanation