H.F. 3274 Summary

• Amends Minnesota Statutes sections 515B.1-102 and 515B.2-118 relating to the Minnesota Common Interest Ownership Act governing condominiums, cooperatives, and planned communities.

• Creates a court petition process allowing associations to seek district court approval for amendments requiring 67 percent member vote when the amendment has not achieved sufficient approval through normal procedures.

• Court may grant petition if it finds members were properly served notice, good faith efforts were made to solicit votes, the amendment received at least 67 percent approval (or majority for nonresidential units), and the amendment is reasonable.

• Court cannot approve amendments that require unanimous consent, require execution by both association and unit owners, eliminate declarant rights without consent, or impair secured party interests without required lender approval.

• Amendment becomes effective only after the court order and amendment are recorded in all counties where the common interest community is located.