Spring Park, Minn., Code of Ordinances ch. 12, art. III § 12-136

(a) For 60 days after delivery of the notice of conversion described in section 12-135 , the holder of the lessee's interest in the unit on the date the notice is mailed or delivered shall have an option to purchase the leased unit on the terms set forth in the purchase agreement attached to the notice. If such holder fails to exercise the option during that 60-day period, the declarant or owner may not offer to dispose of an interest in that unit during the following 180 days at a price or on terms more favorable to the offeree than the price or term offered to such holder. This section does not apply to any unit in a conversion building if that unit will be restricted exclusively to nonresidential use or if the boundaries of the converted unit do not substantially conform to the dimensions of the residential unit before conversion.
(b) If a declarant or owner, in violation of this section, conveys a unit to a purchaser for value who has no knowledge of the violation, delivery of the deed conveying the unit extinguishes any right which a lessee not in possession may have under this section to purchase that unit but does not affect the right of such lessee to recover damages from the declarant or owner for a violation of this section.
(c) Nothing in this section permits termination of a lease by a declarant or owner in violation of its terms.
State Law reference-- With certain restrictions, for 60 days after delivery or mailing of the notice of the conversion, the holder of the lessee's interest for each unit shall have an option to purchase that unit on the terms set forth in the purchase agreement attached to the notice, Minn. Stat. § 515B.4-111(d); right of holder of a lessee's interest to recover damages from declarant who violates holder's option to purchase the unit, Minn. Stat. § 515B.4-111(e); a declarant shall not terminate a lease in violation of its terms, Minn. Stat. § 515B.4-111(h).