Wayzata, Minn., Code of Ordinances ch. 813 § 813.01

A. "Condominium" shall mean real estate, portions of which are designated for separate ownership and the remainder of which is designated for common ownership solely by the owners of the separate ownership portions. Real estate is not a "condominium" unless the undivided interests in the common elements are vested in the unit's owners.
B. "Conversion Condominium" shall mean a condominium within a building which at any time before the recording of the declaration creating a condominium under Minnesota Statutes contained residential rental units.
C. "Declarant" shall mean:
1. If a condominium has been created, any person who has executed a declaration other than persons holding interests in the real estate solely as security for an obligation, persons whose interests in real estate will not be conveyed to unit owners, or in the case of a leasehold condominium a lessor who is not an affiliate of a declarant; or
2. If a condominium has not yet been created, any person who offers to dispose of his interest in a unit not previously disposed of.
D. "Affiliate of a Declarant" shall mean any person who controls, is controlled by or is under common control with a declarant. A person "controls" a declarant if that person:
1. Is a general partner, officer, director or employee of the declarant;
2. Directly or indirectly, acting in concert with one or more other persons, or through one or more subsidiaries owns, controls, holds with power to vote or holds proxies representing more than 20 percent of the voting interests of the declarant;
3. Controls in any manner the election of a majority of the directors of the declarant; or
4. Has contributed more than 20 percent of the capital of the declarant.
A person "is controlled by" a declarant if the declarant:
1. Is a general partner, officer, director or employee of the person;
2. Directly or indirectly, acting in concert with one or more other persons, or through one or more subsidiaries owns, controls, holds with power to vote or holds proxies representing more than 20 percent of the voting interests of the person;
3. Controls in any manner the election of a majority of the directors of the person; or
4. Has contributed more than 20 percent of the capital of the person.
E. "Purchaser" shall mean any person, other than a declarant, who by means of a voluntary transfer acquires a legal or equitable interest in a unit, other than:
1. A leasehold interest (including renewal options) of less than three years; or
2. As security for an obligation.
F. "Security for an Obligation" shall mean the vendor's interest in a contract for deed, mortgagee's interest in a mortgage, purchaser's interest under a sheriff's certificate of sale, or the holder's interest in a lien.
G. "Unit" shall mean a portion of a condominium whether or not contained solely or partially within a building designated for separate ownership.