Minnesota HF2618 mandates plain-language explanations for condo and homeowners associations and funds a guide for common interest communities.

Minnesota HF2618 requires board members of condo and homeowners associations to review plain-language explanations of laws and governing documents. It mandates the creation of a guide by the Minnesota Homeownership Center, detailing common elements, board responsibilities, and laws. The guide must be available online by July 30, 2026. The bill also amends disclosure requirements for resales, ensuring unit owners provide detailed financial and legal information to buyers. It appropriates $200,000 for fiscal year 2026 to support these efforts.

Minnesota HF2618 mandates plain-language explanations for condo and homeowners associations and funds a guide for common interest communities.

Minnesota HF2618 requires board members of condo and homeowners associations to review plain-language explanations of laws and governing documents. It mandates the creation of a guide by the Minnesota Homeownership Center, detailing common elements, board responsibilities, and laws. The guide must be available online by July 30, 2026. The bill also amends disclosure requirements for resales, ensuring unit owners provide detailed financial and legal information to buyers. It appropriates $200,000 for fiscal year 2026 to support these efforts.