Purpose of the Bill

The purpose of this bill is to ensure that the board members of condominium and homeowners associations in Minnesota are well-informed about the laws and governing documents related to their responsibilities. It also aims to help unit owners understand these guidelines through clear and straightforward explanations.

Main Provisions

• Training Requirements for Board Members: The bill mandates that every board member of a condominium or homeowners association must review the association's governing documents upon election or reelection. This includes understanding a plain language explanation of laws and common provisions relevant to governing documents.

• Distribution of Information: Board members are required to provide either an electronic or printed copy of these explanations to unit owners when assistance is requested, thereby helping them comprehend their rights and responsibilities.

• Guide Development: The bill includes appropriating funds for creating a detailed guide that translates complex legal information into plain language, making it easier for both board members and unit owners in common interest communities to understand.

Significant Changes to Existing Law

The bill amends current Minnesota statutes to enforce the necessity for board members to both familiarize themselves with relevant laws and ensure transparency and accessibility of information for unit owners in condominium and homeowners associations. It introduces an obligation for proactive communication between board members and unit owners regarding legal and governance issues.

Relevant Terms

• Board of Directors
• Plain Language Explanation
• Condominium Associations
• Homeowners Associations
• Governing Documents
• Common Interest Communities
• Unit Owner
• Rights and Responsibilities