Condominium Association’s Right to an Easement (MI)
In today’s day and age, it is almost unheard of to own a parcel of real estate that is not in some way encumbered by an easement. An easement is an ownership interest in real property that grants the holder of the easement the right to use another’s property for a limited purpose. For example, the overwhelming majority of real estate is encumbered with easements in favor of utilities. These types of easements grant utility companies the right to enter onto the property for limited purposes such as maintaining and repairing equipment. In other cases, the easement may grant the utility the right to maintain a pole or meter on the property. Other common easements grant the holder the right to cross over another’s property for the purpose of accessing a driveway or public road. Read the article…………….
Members of Nonprofit Corporations Can Bring Derivative Actions – But They May Have to Pay a Price (NC)
A recent decision by the North Carolina Court of Appeals serves as a reminder to North Carolina nonprofit corporations that
The Maryland House of Delegates did not vote on a Senate bill that would have changed the current provisions applicable
By a 427-0 vote, the House passed the Housing Opportunity Through Modernization Act, co-sponsored by Reps. Emanuel Cleaver II (D-Mo.)