Steven R. Lindemann and Aalok K. Sharma | Stinson Leonard Street LLP | June 28, 2017 In recent years, very few condominium projects have been developed in Minnesota despite strong demand from potential condominium homeowners. Many developers attribute their reluctance to build condominiums to litigation risk and difficulty obtaining insurance and financing for condominium developments… Continue reading Minnesota Legislature Revises Minnesota Common Interest Ownership Act
Tag: Minnesota
Do Minnesota Municipalities Have the Authority to Source Public Works Contracts Using the Construction Manager at Risk Delivery Method?
Jocelyn Knoll and Lauren Roso | Dorsey | June 20, 2017 Recently, at least two experienced attorneys, one who represents contractors and the other who primarily represents public authorities, have published position papers opining whether Minnesota municipalities have the power and authority to use the Construction Manager at Risk (CMAR) contract delivery method when awarding… Continue reading Do Minnesota Municipalities Have the Authority to Source Public Works Contracts Using the Construction Manager at Risk Delivery Method?
Minnesota Legislature Modifies its Condominium Construction Defect Law
Bernard E. Nodzon, Jr., Richard A. Forschler, Thomas C. Freeman, Sonnie A. Elliott, David H. Johnson, Emily J. Nachtigal and Donovan M. Hurd | Faegre Baker Daniels | June 22, 2017 Condominium construction in Minnesota has dramatically slowed since its peak from 2003 through 2006. Most developers have elected to build apartments instead of condominiums.… Continue reading Minnesota Legislature Modifies its Condominium Construction Defect Law
New Requirements Under MCIOA: Preventative Maintenance Plans and Construction Defect Claims
Michael D. Klemm | Hellmuth Johnson PLLC | June 6, 2017 Important changes to Minnesota law were recently made that will affect real estate developers, builders, associations and unit owners. Minnesota Statutes Chapter 515B, the Minnesota Common Interest Ownership Act (“MCIOA”), was amended to establish new requirements regarding preventative maintenance plans and construction defect claims… Continue reading New Requirements Under MCIOA: Preventative Maintenance Plans and Construction Defect Claims
Minnesota Discovers Limits To Its Regulator’s Power Over Insurers
Robert D. Helfand and Barry Leigh Weissman | PropertyCasualtyFocus | January 13, 2017 In Minnesota, the Commissioner of the Department of Commerce regulates the insurance industry, and he has a statutory right to conduct investigations “related to the duties and responsibilities entrusted to” him. Last month, in Matter of the Petition of the Property Casualty Insurers… Continue reading Minnesota Discovers Limits To Its Regulator’s Power Over Insurers