Common interest community registration established in Department of Commerce.

This bill establishes a registration system for residential common interest communities, such as condominiums and homeowners associations, within Minnesota's Department of Commerce. The law requires these communities to annually submit detailed information including their legal name, contact details, board officer information, governing documents, and financial data. Communities under master developer control must also provide developer-specific details, while those using property management companies must share contract information. Each community must pay a $55 annual fee to maintain the register, and the Department of Commerce will notify communities that fail to register within 60 days.