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Federal Laws - In addition to state law regulations, the federal government has laws that govern the operation and management of common interest communities, condominiums, cooperatives, and residential properties in the state of Minnesota. Minnesota Collection Agencies Act, Minn. Stat. ? 332.37.
Covenants, conditions, and restrictions (also called "CC&Rs") are used by many "common interest" developments, including condominiums and co-ops, to regulate the use, appearance, and maintenance of property.
You are not breaking the law per se when you don't adhere to the HOA rules or pay your HOA fees. Failure to do either of those, however, can still result in serious consequences e.g, fines, prohibitions on using the community facilities, and, ultimately, the establishment of liens on your home.
The CC&Rs set out the rules of the HOA community. They describe the requirements and limitations of what you can do with your property. The goal of the CC&Rs is to protect, preserve, and enhance property values in the community. The bylaws, on the other hand, govern how the HOA operates.
In general, typical association fees for condo owners in Minnesota are between 25 and 75 cents per square foot per month.
MCIOA provides statutory authority for common interest communities formed on or after June 1, 1994. MCIOA governs condominiums formed under the Minnesota Condominium Act (prior to August 1, 1980) with limited applicability.
ContentsKnow Rules and Bylaws.Expect the Best from Your HOA.Communicate With Other Members.Stay Involved.Get Approval Before You Make Changes.Run for a Position on the Board.Pay Your Dues on Time.If You're Fined, Accept It and Pay.More items...
Minnesota is home to a number of condominium and homeowners associations. These associations, though, must remain compliant with many state laws.
Here are six ways to effectively fight with your homeowners, co-op or condo association:Know the rules. You should have read all the government documents, including the rules and regulations, before you closed on your purchase.Respond in writing.Don't argue the rule.Know the penalties.
Call an association meeting and ask for a vote on dissolving the HOA. If approved, have the agreeing members sign the termination agreement. Settle any debts, dispose of assets belonging to the HOA, and file the necessary documentation with the SOS to complete the dissolution.