Does a Successor Developer Have an Obligation to Pay Assessments under the Michigan Condominium Act?
The recent upswing in the real estate market has led to a resurgence of failed condominium projects in Michigan. During the economic downturn, many condominium developers went out of business and lost title to all of their units via a deed in lieu of foreclosure, foreclosure by a bank, tax foreclosure or bankruptcy leaving many condominiums unfinished. Read the article……………
In Liss v. Lewiston–Richard Inc, 478 Mich. 203; 732 NW2d 514 (2007), the Michigan Supreme Court held that a residential
Association Boards, attorneys, accountants, contractors, consultants and, yes, even property managers are integral to the proper function and operation of
Senate Bill 610 Passes: Is the amendment to MCL 559.167 of the Michigan Condominium Act constitutional?
On June 22, 2016, Governor Snyder signed Senate Bill 610 after it underwent several amendments in both the house and