Minnesota Statutes
Chapter 515A — Uniform Condominium Act
Section 515A.4-109 — Release Of Interests As Security For An Obligation.

(a) Before conveying a unit to a purchaser other than a declarant, the seller shall furnish to the purchaser releases for that unit and its common element interest of all interests as security for an obligation affecting more real estate than that unit and its common element interest, or if the purchaser expressly agrees, a policy of title insurance insuring against loss or damage by reason of such interests. Failure to furnish the releases does not of itself invalidate the lien or the conveyance. This subsection does not apply to conveyance of all of the units in the condominium or to deeds in lieu of foreclosure.
(b) Whether perfected before or after creation of the condominium, if a lien other than a mortgage, including a lien attributable to work performed or materials supplied before creation of the condominium, becomes effective against two or more units, the unit owner of such a unit may pay to the lienholder the amount of the lien attributable to that owner's unit, and the lienholder, upon receipt of payment, shall promptly deliver a release of the lien covering that unit and its common element interest. The amount of the payment shall be proportionate to the ratio which that unit owner's common expense liability bears to the common expense liabilities of all unit owners whose units are subject to the lien. After payment, the association may not assess or have a lien against that unit owner's unit for any portion of the common expenses incurred in connection with that lien.
(c) Labor performed or materials furnished for the common elements, if duly authorized by the association, shall be deemed to be performed or furnished with the express consent of each unit owner and shall be the basis for the filing of a lien pursuant to the lien law against each of the units and shall be subject to the provisions of subsection (b).
1980 c 582 art 4 s 515.4-109; 1986 c 444

Structure Minnesota Statutes

Minnesota Statutes

Chapters 500 - 515B — Property And Property Interests

Chapter 515A — Uniform Condominium Act

Section 515A.1-101 — Short Title.

Section 515A.1-102 — Applicability.

Section 515A.1-103 — Definitions.

Section 515A.1-104 — Variation By Agreement.

Section 515A.1-105 — Property Taxation.

Section 515A.1-106 — Applicability Of Local Ordinances, Regulations, And Building Codes.

Section 515A.1-107 — Eminent Domain.

Section 515A.1-108 — Supplemental General Principles Of Law Applicable.

Section 515A.1-109 — Construction Against Implicit Repeal.

Section 515A.1-110 — Uniformity Of Application And Construction.

Section 515A.1-111 — Severability.

Section 515A.1-112 — Unconscionable Agreement Or Term Of Contract.

Section 515A.1-113 — Obligation Of Good Faith.

Section 515A.1-114 — Remedies To Be Liberally Administered.

Section 515A.1-115 — Notice.

Section 515A.1-116 — Effective Date.

Section 515A.2-101 — Creation Of Condominium.

Section 515A.2-102 — Unit Boundaries.

Section 515A.2-103 — Construction And Validity Of Declaration And Bylaws.

Section 515A.2-104 — Description Of Units.

Section 515A.2-105 — Contents Of Declaration; All Condominiums.

Section 515A.2-106 — Contents Of Declaration; Flexible Condominiums.

Section 515A.2-107 — Leasehold Condominiums.

Section 515A.2-108 — Allocation Of Common Element Interests, Votes, And Common Expense Liabilities.

Section 515A.2-109 — Common Elements And Limited Common Elements.

Section 515A.2-110 — Condominium Plats.

Section 515A.2-111 — Expansion Of Flexible Condominiums.

Section 515A.2-113 — Alterations Of Units.

Section 515A.2-114 — Relocation Of Boundaries Between Adjoining Units.

Section 515A.2-115 — Subdivision Or Conversion Of Units.

Section 515A.2-116 — Minor Variation In Boundaries.

Section 515A.2-117 — Use For Sales Purposes.

Section 515A.2-118 — Easement To Facilitate Completion, Conversion, And Expansion.

Section 515A.2-119 — Amendment Of Declaration.

Section 515A.2-120 — Termination Of Condominium.

Section 515A.2-121 — Rights Of Holders Of An Interest As Security For An Obligation.

Section 515A.3-101 — Organization Of Unit Owners' Association.

Section 515A.3-102 — Powers Of Unit Owners' Association.

Section 515A.3-103 — Board Of Directors, Members And Officers.

Section 515A.3-104 — Transfer Of Special Declarant Rights.

Section 515A.3-105 — Termination Of Contracts And Leases Of Declarant.

Section 515A.3-106 — Bylaws.

Section 515A.3-107 — Upkeep Of The Condominium.

Section 515A.3-111 — Tort And Contract Liability.

Section 515A.3-112 — Insurance.

Section 515A.3-113 — Surplus Funds.

Section 515A.3-114 — Assessments For Common Expenses.

Section 515A.3-115 — Lien For Assessments.

Section 515A.3-116 — Association Records.

Section 515A.3-117 — Association As Trustee.

Section 515A.4-101 — Applicability; Waiver.

Section 515A.4-102 — Disclosure Statement; General Provisions.

Section 515A.4-104 — Same; Conversion Condominiums.

Section 515A.4-106 — Purchaser's Right To Cancel.

Section 515A.4-107 — Resales Of Units.

Section 515A.4-1075 — Purchaser's Right To Cancel.

Section 515A.4-108 — Escrow Of Deposits.

Section 515A.4-109 — Release Of Interests As Security For An Obligation.

Section 515A.4-110 — Conversion Condominiums.

Section 515A.4-111 — Express Warranties.

Section 515A.4-112 — Implied Warranties.

Section 515A.4-113 — Exclusion Or Modification Of Implied Warranties.

Section 515A.4-114 — Statute Of Limitations For Warranties.

Section 515A.4-115 — Effect Of Violations On Rights Of Action; Attorney's Fees.

Section 515A.4-116 — Labeling Of Promotional Material.

Section 515A.4-117 — Declarant's Obligation To Complete And Restore.

Section 515A.4-118 — References.