Minnesota SF1750 modifies provisions for common interest communities, including rules for property management companies and governance.

Minnesota SF1750 modifies rules for common interest communities, such as condominiums and cooperatives. It prohibits property management companies from having financial interests in firms they refer to the association. It mandates a meet and confer process before enforcement actions and restricts municipalities from conditioning permits on homeowners association creation. The bill also modifies governance by allowing class voting for certain issues, detailing board duties, and setting rules for declarant control termination. Effective January 1, 2026.

Minnesota SF1750 modifies provisions for common interest communities, including rules for property management companies and governance.

Minnesota SF1750 modifies rules for common interest communities, such as condominiums and cooperatives. It prohibits property management companies from having financial interests in firms they refer to the association. It mandates a meet and confer process before enforcement actions and restricts municipalities from conditioning permits on homeowners association creation. The bill also modifies governance by allowing class voting for certain issues, detailing board duties, and setting rules for declarant control termination. Effective January 1, 2026.