Common Interest Communities 101: Choosing the Right Type of CIC

The previous post in this series, “What Are CICs”, introduced a few of the most basic concepts related to common interest communities, or “CICs”. As was briefly discussed, all CIC’s in Minnesota are one of three types: (1) a “Condominium”, (2) a “Cooperative”, or (3) a “Planned Community”.  This post explores the three types of CICs and some of the factors that may be considered in determining which type of CIC to use. With this,