MN COMMON INTEREST COMMUNITY STATUTORY REQUIREMENTS REFRESHER

July 13, 2022

Are you aware the Minnesota statute mandates disclosure requirements upon initial sale, and resale, of CIC units, and their related rescission rights? Are you aware that MN REALTORS® provides forms for CIC transactions as well as information to help guide you through the process?

 
Minnesota REALTORS® has a comprehensive summary of the MCIOA laws in their Legal Companion publication.   
 
See also Legal Hotline Q&As on the MNR website for more information:
 
If you have specific questions on CIC laws and required disclosures, please reach out to your Broker.
 



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