Osseo, Minn., Mun. Code Ch. 46 (2026) § 151.30
REPORT CHANGES IN OWNERSHIP
Operative Text
Licensees must report to the city any change in the identity of the owner of a rental dwelling, including a change in the majority shareholder or shareholders and officers in the case of corporations. Licensees must report a change in ownership within 30 days of such change or changes. (Ord. 2009-3, passed 8-24-2009) Penalty, see § 151.99
Osseo Ch. 46 Rental Dwellings § 151.30 requires that anyone holding a rental dwelling license notify the city whenever ownership of that property changes hands — including shifts in majority shareholders or corporate officers when the owner is a corporation. The notification must reach the city within 30 days of the ownership change occurring. This rule ensures the city's licensing records accurately reflect who is responsible for a licensed rental property at any given time.
Plain English — not legal advice.
Under § 151.30, compliant rental property licensees maintain a practice of promptly tracking any transfer of ownership interest — including corporate-level changes such as new majority shareholders or officers — and submitting written notice to the city within the 30-day window. Operators who manage properties held through corporate entities pay particular attention to internal restructuring events that could trigger this reporting obligation. Failure to report within the required timeframe may expose the licensee to penalties under § 151.99.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section § 151.30 of Osseo's Rental Dwellings code is designed to keep city records current about who owns and is responsible for a licensed rental property. If a tenant suspects that ownership of their building has changed but no update appears to have been reported to the city, they may contact the city's licensing or code enforcement office to inquire about the property's current license status. Tenant-rights organizations familiar with Osseo's municipal code can help residents understand what options may be available when licensing requirements appear to have gone unmet.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 13, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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