Since the start of last year, CAI-MN has been tracking a number of bills that were introduced in 2015. These bills and other that were introduced in 2016 had potential impacts on common interest communities and associations. While many did not go anywhere these past two years, we should expect to see some of them come back in 2017.
Potential Summer/Fall Meetings
As indicated, there are number of pending issues next legislative session. Regardless of the outcome of the fall elections and who holds the majorities in the Senate and House, a few of these issues will be back in 2017. With a longer session (5 Months) there will be more time to give bills hearings and works issues out. With our two biggest pending issues being the Office of the Ombudsman bill and the Construction Warranty issue, we might want to think of creating two work groups where members of the LAC can be leads on the two issues. This will be good as induvial have expertise in certain areas and others might have conflicts on an issue.
In addition to these two issues, the Minnesota Realtors Association would like to tray and have a few meetings this summer to discuss the following issues as they have heard concerns from their members:
- Sellers and Associations that do not know whether their Association is subject to 515B (this is critical because if the Association is subject to 515B, the seller needs to provide the disclosure statement or resale disclosure certificate and there is a 10-day right of rescission)
- Document charges by Association Management Companies