Is Your MI Condo Assn. Prepared to Handle a Co-owner’s Request to Inspect Its Books and Records?
In Michigan, MCL 559.157 requires that the “…books, records, contracts, and financial statements concerning the administration and operation of the condominium” be available for examination by the co-owners at convenient times. Most condominium documents also contain provisions that require the books and records of a condominium association be made available for inspection by a co-owner. Read the article………..