Bill Summary: HF4098

• Amends Minnesota Statutes 2016, section 82.55, subdivision 19, to modify the definition of "real estate broker"

• Adds new clause (h) to the definition, requiring licensure for persons who offer or attempt to manage finances, maintenance, repair, or contract negotiations on behalf of a common interest community association with a budget of $50,000 or greater, when done for commission, fee, or other valuable consideration

• Applies the real estate broker definition to management services for condominiums and homeowners associations defined in chapter 515B that meet the specified budget threshold