Resale Disclosure Certificate This Document is not to be Used as a ...

COMMUNITY DEVELOPMENT, INC 

7100 MADISON AVE W 

GOLDEN VALLEY, MN 55427 

Resale Disclosure Certificate 

This Document is not to be Used as a Closing Document 

RESALE PROCESSING DEPARTMENT 

PHONE: (763) 225-6446 

FAX: (763) 225-6447 

Name of Common Interest Community: Deacon's Walk Home Owners Association, Inc. 

Name of Association: DEACON'S WALK HOME OWNERS ASSOCIATION, INC. 

Address of Association: 7100 Madison Ave W, Golden Valley, MN 55427 

Unit Address for Sale: 11229 Isanti Court NE, Blaine, MN 55449 

Name(s) of Seller(s): US Bank National Association 

Order #: N19-42200 

Please refer to Master Association Disclosure: 

Yes o No o N/A þ 

The following information is furnished by the association named above according to Minnesota Statutes, § 515B.4-107 

1. There is no right of first refusal or other restraint on the free alienability of the above unit (s) contained in the declaration, bylaws, 

rules and regulations, or any amendment to them, except as follows: 

Yes 

2. The following periodic installments of common expense assessments and special assessments are payable with respect to the 

above unit(s): Are Master Association dues included in the following amounts? Yes o No o N/A þ 

0.00 

a. Annual Assessment amount: $208.00 

Installments: 2 

b. Special Assessment amount: $0.00 

Installments: N/A 

Due: Semi-annual-billed Jan & Jly 

Installment amount: $104.00 

Due: N/A 

Installment amount: $0.00 

c. Unpaid assessments, fines, or other charges: 

(1) Regular Assessments 

(2) Special Assessments 

(3) Fines 

(4) Other Charges 

$104.00 

$0.00 

$15.00 

$0.00 

d. Is there a plan approved by the Association to levy any certain common expense assessments against fewer than all 

units? If yes, a description of plan is attached. Yes o No þ 

3. In addition to the amounts due under paragraph 2, the following additional fees or charges other than assessments are payable 

by unit owners (include late payment charges, user fees, etc.): 

Late fees 

4. There are no extraordinary expenditures approved by the association, and not yet assessed, for the current and two succeeding 

fiscal years, except as follows: 

None 

5. The association has reserved the following amounts for maintenance, repair, or replacement: See Financials 

The following portions of these reserves are designated for the following specified projects or uses: 

See Budget 

This information is being provided by Community Development, Inc as a courtesy service to lenders and other real estate professionals. Although 

Community Development, Inc believes the information provided to be complete and accurate, the requesting party understands and acknowledges that 

this information is subject to change without notice and that Community Development, Inc is not responsible for any inaccurate or omitted information. 

1/6/2010 Portions Copyright © 2007 Community Archives 

Page 1 of 4






6. The following documents are furnished with this certificate according to statute: 

a. The most recent regularly prepared balance sheet and income and expense statement of the association. 

b. The current budget of the association. 


PHONE: (763) 225-6446 

FAX: (763) 225-6447 

7. There are no unsatisfied judgments against the association, except as follows (identify creditor and amount): 

None 

8. There are no pending lawsuits to which the association is a party, except as follows (identify and summarize status): 

None 

9. Description of insurance coverage’s: (Contact insurance agent for specific property covered under policy.) 

a. Insurer's Name: 

Contact Information: 

Phone #: 

b. The association provides the following insurance coverage for the benefit of unit owners: 

i. Commercial General Liability? 

ii. 

iii. 

Property Hazard Insurance? 

Owners Contents Coverage? 

American Family 

Jeff Mayhew 

763-551-1074 

Yes þ 

Yes þ 

Yes o 

No o 

No o 

No þ 

Limit Amount: 

Limit Amount: 

$4,000,000.00 

$400,000.00 

c. The following described fixtures, decorating items, or construction items within the unit referred to in Minnesota Statutes, 

section 515B.3-113, subsection (b), are insured by the association (check as applicable): 

o Ceiling or wall finishing materials 

o Floor coverings 

o Cabinetry 

o Finished millwork 

o Electrical or plumbing fixtures serving a single unit 

o Built-in appliances 

o Improvements and betterments as originally constructed 

o Additional improvements and betterments installed by unit owners 

10. The board of directors of the association has not notified the unit owner (i) that any alterations or improvements to the unit or to 

the limited common elements assigned to it violate any provision of the declaration; or (ii) that the unit is in violation of any 

governmental statute, ordinance, code, or regulation, except as follows: 

None 

11. The remaining term of any leasehold estate affecting the common interest community and the premises governing any extension 

or renewal of it are as follows: 

N/A 

12. In addition to the above, the following matters affecting the unit or the unit owner's obligations with respect to the unit are 

deemed material. 

Outdoor storage of any recreational or motorized vehicle for more than 72 hours is prohibited. 





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PHONE: (763) 225-6446 

FAX: (763) 225-6447 

NOTE: A copy of the condominium plat and any amendments thereof are available in the office of the association for 

inspection. 

I hereby certify that the foregoing information and statements are true and correct as of 

By: 

Barbara Willeford 

(Association Representative) 

Its: 

01/06/2010 

(Date) 

Managing Agent 

(As Directed by the Board) 





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RECEIPT 


PHONE: (763) 225-6446 

FAX: (763) 225-6447 

In addition to the foregoing information furnished by the association, the unit owner is obligated to furnish to the purchaser before 

execution of any purchase agreement for a unit or otherwise before conveyance, copies of the following documents relating to the 

association or to the master association (as applicable): the declaration (other than any common interest community plat), articles 

of incorporation, bylaws, rules and regulations (if any), and any amendments to these documents. Receipt of the foregoing 

documents, and the resale disclosure certificate, is acknowledged by the undersigned buyer(s). 

Dated: 

Dated: 

(Buyer) 

(Buyer) 





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Resale Disclosure Certificate This Document is not to be Used as a ...

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