Saint Paul, MN HOA Rules: Assessment & Dues (2026)

Assessment rules for HOAs in Saint Paul follow the Minnesota Common Interest Ownership Act (MN Stat. Ch. 515B). Under MN Stat. 515B.3-115, the association must adopt an annual budget and levy assessments to fund common expenses. Assessments are allocated among units based on the formula in the declaration, typically by percentage of common element interest. Special assessments for unexpected expenses or capital improvements require board approval and often require notice to owners. Under MN Stat. 515B.3-116, unpaid assessments create a lien against the unit that has priority over most other liens except first mortgages and property tax liens. The association may charge late fees and reasonable attorney fees for collection. The lien for unpaid assessments covers up to six months of assessments plus attorney fees. Associations must provide at least 30 days written notice before initiating foreclosure on an assessment lien. Unit owners have the right to review the association budget and financial records. Reserve fund studies are recommended but not strictly mandated by state law for all associations.