Condominium Associations as Landlords: Legal rights and Issues involved in an Association’s Leasing of Units after Foreclosure of Condominium liens

Michigan Condominium Association Boards routinely file lien foreclosure lawsuits while seeking to recover overdue condominium assessments. While the goal of each such lawsuit is to motivate and facilitate payment of the unpaid assessments – whether from a neighborhood resident or an absentee international bank post-mortgage foreclosure – the process occasionally leads to the result implied in the lawsuit’s name: the foreclosure of the lien through a sale of the unit at a public auction     Read the article…………


Related Articles

Michigan Court of Appeals rules mortgagees responsible for condominium assessments from date of sheriff’s sale

In Wells Fargo Bank v. Country Place Condominium Association, the Michigan Court of Appeals addressed an issue of first impression

What Do I Need to Know About a Conversion Condominium Under the Michigan Condominium Act?

Michigan law allows the creation of a condominium project under terms and conditions set forth in the Michigan Condominium Act,

Quick Update: Proposed Changes to FHA Condominium Project Approval Process

According to Community Associations Institute (“CAI”), a leading national community association organization, the U.S. House of Representatives will vote today