Chapter 515 — Minnesota Condominium Act

515.01 Citation This section gives this group of laws its official name: the Minnesota Condominium Act. It covers sections 515.01 … 515.02 Definitions This section defines key terms used throughout the Condominium Act, including what counts as an apartment (condo unit), … 515.03 Application This section allows any property owner in Minnesota to submit their property to the Condominium Act by recording a … 515.04 Status of the Apartments This section sets out what the recorded condominium declaration must contain. This includes a legal description of the … 515.05 Ownership of Apartments This section explains that each condominium unit, together with its share of common areas, is treated as a separate … 515.06 Common Areas and Facilities This section establishes that common areas are owned jointly by all unit owners in proportion to their common interest … 515.07 Compliance With Covenants, Bylaws, and Rules This section describes limited common areas -- parts of the building reserved for use by one or a few specific unit … 515.08 Certain Work Prohibited This section requires condominium unit owners to share certain common expenses such as maintenance, insurance, and taxes … 515.09 Liens Against Apartments; Removal; Part Payment This section gives each unit owner the right to use the common areas according to their intended purpose, subject to the … 515.10 Common Profits and Expenses This section requires the condominium association to maintain insurance on the building and common areas. It specifies … 515.11 Contents of Declaration This section sets out what happens when a condominium building is damaged or destroyed. It explains when the building … 515.12 Contents of Deeds of Apartments This section establishes the condominium association as a legal entity that can sue and be sued, enter contracts, and … 515.13 Copy of the Floor Plans to Be Filed This section requires every condominium to have bylaws that govern how the association operates, including rules about … 515.14 Blanket Mortgage Lien on Apartment When First Conveyed This section addresses how individual condominium units are taxed. Each unit is assessed separately for property tax … 515.15 Recording This section provides that liens for unpaid common expenses may be filed against individual units. The association can … 515.16 Removal From Provisions of Sections 515.01 to 515.29 This section explains how a condominium may be removed from the Condominium Act, effectively dissolving the condominium. … 515.17 Removal No Bar to Subsequent Resubmission This section establishes rules about selling or transferring condominium units, including any rights of first refusal … 515.175 Incorporation of Association This section is part of Chapter 515, the Minnesota Condominium Act, which governs the creation, management, and … 515.18 Bylaws This section governs the content of deeds and other instruments used to transfer condominium units. It specifies what … 515.19 Contents of Bylaws; Annual Meeting, Report This section governs the rights and obligations of condominium unit owners regarding alterations and improvements to … 515.195 When First Officers' Terms End; Contract Restrictions This section is part of Chapter 515, the Minnesota Condominium Act, which governs the creation, management, and … 515.20 Record of Receipts and Expenses Available to Owners This section addresses eminent domain (government taking) of condominium property. It explains how condemnation awards … 515.21 Owner Abandonment, Waiver of Use, Does Not Avert Liability This section allows for the merger or consolidation of two or more condominium developments under certain conditions. 515.215 Disclosure Requirements to Apartment Purchasers This section is part of Chapter 515, the Minnesota Condominium Act, which governs the creation, management, and … 515.22 Separate Taxation This section provides rules about recording documents related to condominiums, including amendments to declarations and … 515.23 Priority of Lien This section addresses the obligations and rights related to condominium mortgages, including how foreclosure of a … 515.24 Joint, Several Liability of Buyer, Seller; Common Expense This section provides for the enforcement of the Condominium Act, including the right of owners and the association to … 515.25 Insurance This section addresses manufactured home parks that are organized as condominiums, setting specific rules for this type … 515.26 Disposition of Property Where it is Damaged by Fire or Other Disaster This section provides transition rules and addresses how the Condominium Act applies to condominiums created before the … 515.27 Actions This section addresses the relationship between the Condominium Act and other Minnesota laws, clarifying which … 515.28 Personal Application This section provides for the severability of the Condominium Act, meaning that if one part is found invalid, the rest … 515.29 Severability This section provides additional transition and applicability provisions for the Condominium Act.