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Sue Nichols | (612) 373-8507
David Eide has more than 30 years of experience in the areas of real estate and corporate law. He focuses his practice on the structuring, financing, development and operation of multi-family housing and commercial developments, primarily under the Minnesota Common Interest Ownership Act and similar statutes in other states. In connection with that practice, he has developed significant expertise involving registrations and exemptions under the federal Interstate Land Sales Act and the Minnesota Subdivided Land Sales Act. Mr. Eide is part of Felhaber's real estate practice group that regularly deals with a broad range of transactional, planning, financing, title and operational issues involving residential and commercial real estate properties.
Practice Areas
- Real Estate
- Commercial Real Estate Law
- Residential Real Estate Law
- Condominium Law
- Real Estate Development Law
- Multi-Family Housing Financing, Development and Operation
- Interstate Land Sales Act Registrations and Exemptions
- Minnesota Subdivided Land Sales Act Registrations and Exemptions
- Business Organizations and Transactional
- Incorporations
- Partnership and Limited Liability Company Formations
Industry Specialties
- Real Estate Development
- Community Association Operations
Representative Practice Activities
Mr. Eide’s work in real estate development has involved a variety of scenarios, including basic residential and commercial developments, complex mixed-use residential/commercial developments, conversions of existing buildings, master planned communities, golf course/residential developments, fractional interest developments, condominium hotels, and multi-component recreational developments. He is a frequent speaker for Minnesota Continuing Legal Education and real estate industry groups, and has authored numerous articles on common interest community law and related development matters. He was a principal drafter of the Minnesota Common Interest Ownership Act and the Minnesota Uniform Condominium Act.
Mr. Eide’s expertise also extends to the operational side of community associations. In 1977, he was a founding trustee of the Minnesota Chapter of the Community Associations Institute, the primary national trade organization for homeowners associations. The Felhaber real estate practice group currently represents over 200 homeowners associations in the State of Minnesota, and Mr. Eide and other lawyers at Felhaber provide legal consultation to homeowners associations on a regular basis with regard to a variety of issues. He has been a frequent speaker at community association conferences and is a widely recognized expert in community association law. Mr. Eide has a unique and practical understanding of the operation of homeowners associations, and how they are shaped by the legal documents that govern them.
Mr. Eide has unique and significant experience with the Minnesota Common Interest Ownership Act (“MCIOA”), that governs the creation, development and operation of condominium, townhouse and cooperative communities, and the master associations that sometimes administer them. He has chaired the Minnesota Real Property Council’s Committee on MCIOA since 1989. He was instrumental in adapting the national version of MCIOA, the Uniform Common Interest Ownership Act, to Minnesota, and was a principal participant in the introduction of MCIOA in the Minnesota legislature. MCIOA became law on June 1, 1994, and has since been amended several times. Mr. Eide, in his continuing position as committee chair, was a principal drafter of each of the amendments, and assisted in guiding the amendments through the Minnesota legislature. By reason of this experience, Mr. Eide has worked on a broad range of complex real estate projects, and has made numerous presentations on the structuring and development of common interest communities for Minnesota Continuing Legal Education, real estate industry groups and government agencies.
Education
- J.D., University of Minnesota Law School
- B.A., University of Minnesota
Bar Admission
- Minnesota
- U.S. Supreme Court
- U.S. District Court, District of Minnesota
- U.S. Court of Military Appeals
- U.S. Court of Appeals, Eighth Circuit
Professional Certifications, Awards and Designations
- Fellow of the American College of Real Estate Lawyers
- Listed in The Best Lawyers in America
- Selected as a Leader in his Field by the Chambers USA Guide
- Named a Super Lawyer® by Minnesota Law & Politics multiple years
- Rated "AV" (highest rating) by Martindale Hubbell Legal Directory
Professional Activities and Memberships
- Minnesota State Bar Association, Member
- Hennepin County Bar Association - Real Property Section, Member
- Community Associations Institute. Member (two-time officer and director, and founding trustee), Minnesota Chapter
- Minnesota Multi-Housing Association, Member (two-time officer and director)
- Committee on Minnesota Common Interest Ownership Act, Real Property Council, Chair
Representative Speaking Engagements and Legal Publications
- Minnesota Real Estate Institute
- The CIC Mess – Untangling Failed Projects (And Lessons Learned)
- What To Do if a CIC Project Goes Bad
- 15 Tough CIC Questions and Their Answers
- Minnesota Common Interest Ownership Act – Summary of 2005 Amendment
- CIC 101 – A Basic Guide to the Formation and Operation of Common Interest Communities
- The 21 Questions You Have Always Wanted to Ask About CICs
- Problems to Avoid in Drafting CIC Documents
- Complex Residential CIC Developments
- 1999 Amendment to the Common Interest Ownership Act
- Residential Real Estate Transactions
- Minnesota Condominiums and Townhouses
- Structuring and Drafting of MCIOA Documents
- Introduction to the New Minnesota Common Interest Ownership Act
- Impact of the New Minnesota Non-Profit Corporation Act on Community Associations
- Community Association Law: Update and Current Issues
- Working with Owners Associations: Day to Day Problems and Issues
- Minnesota Association of Realtors
- Fair Housing Amendments Act
- Senior Communities Under Federal and Minnesota Law
- Minnesota CLE
- CIC Meltdown – What Happens When the Units Don’t Sell?
- Overview of the Minnesota Common Interest Ownership Act
- How to Create a Common Interest Community
- Preparing for MCIOA – Structuring and Drafting the Necessary Documents
- Representing Homeowners Associations
- Minneapolis Area Association of Realtors
- Selling/Buying in Common Interest Communities
- Builders Association of the Twin Cities
- Development Issues
- Minnesota Association of County Officers:
- CIC Platting and Recording Issues
- Minnesota Society of Professional Surveyors
- The Minnesota Common Interest Ownership Act: Surveying Issues
- Hennepin County Bar Association Real Property Section
- Summary of 2005 Amendment to Minnesota Common Interest Ownership Act
- Selected Issues Under the Minnesota Common Interest Ownership Act
- Current Issues in Homeowners Associations – Some Perspectives
- Minnesota Institute of Legal Education
- New Changes in Real Estate Law – 9th Annual
- Society of Real Estate Appraisers
- Condominiums: What Are They Really Worth?
- The Interstate Land Sales Act; Trap for the Unwary, Felhaber, Larson, Fenlon & Vogt
Real Estate Report - Good News: Uniform Condo/Townhouse Disclosure Requirements, Broker Agent Magazine
Felhaber, Larson, Fenlon & Vogt, P.A.
220 South Sixth Street • Suite 2200
Minneapolis, MN 55402-4504
www.felhaber.com