Spring Park, Minn., Code of Ordinances ch. 12, art. III § 12-135

(a) A declarant or owner of a conversion condominium which has been created or is intended to be created shall give each of the tenants and any subtenant in possession of the multiple dwelling notice of conversion which states the fact of conversion or the intent to convert at least 120 days before the declarant or owner will require such parties to vacate. In the case of a unit with an occupant on the date of delivery of this notice who is 62 years of age or older, a minor child, or who is disabled as defined under Minn. Stat. § 268A.01, such period shall be extended to 180 days upon demand made in conformance with Minn. Stat. § 515B.4-111(3). The notice shall have attached a copy of this article and a form of purchase agreement setting forth the terms of sale contemplated by section 12-136 and a statement of any significant restrictions on the use and occupancy of the unit to be imposed by the declarant or owner. No tenant or subtenant in possession may be required by the declarant or owner to vacate during the 120- or 180-day period, except by reason of nonpayment of rent, utilities or other monetery obligations, violations of law, waste or conduct which disturbs other occupants' peaceful enjoyment of the premises; and the terms of the tenancy may not be altered during the notice period. Failure of a declarant or owner to give notice as required by this section constitutes a defense to an action for possession. After notice of conversion has been given, the declarant or owner shall thereafter notify any new tenant who leases any unit in the building from the declarant or owner that the building is to become part of a common interest community.
(b) The notice referred to in this section shall state that a tenants' association may be formed for the purpose of making an offer to purchase the property which is the subject of the conversion. The provision contained in the preceding sentence does not create a right on the part of such tenants' association to purchase such property or an obligation on anyone to negotiate with, finance or arrange financing for or sell such property to such tenants' association.
(c) The notice referred to in this section also shall include the following information:
(1) A specific statement of the amount of any initial or special fee due from the purchaser on or before settlement of the purchase contract and the basis of such fee.
(2) A description of any provisions made in the budget for reserves for capital expenditures and an explanation of the basis for such reserves, or, if no provision is made for such reserves, a statement to that effect.
(3) A statement of the declarant or owner as to the present condition of all structural components and major utility installations in the multiple dwellings, which statement shall include the approximate dates of construction, installation, major repairs, and the expected useful life of each such item.
State Law reference-- Notice to tenants of conversion or intent to convert must be given no later than 120 days before the declarant will require tenants to vacate, Minn. Stat. § 515B.4-111; tenants, or those residing with them, who are 62 years of age or older, disabled as defined under Minn. Stat. § 268A.01, or a minor child, may demand to be given 60 additional days before being required to vacate, Minn. Stat. § 515B.4-111; definition of "person with a disability," Minn. Stat. § 268A, subd. 5.