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………..
As many new condominium co-owners are aware, the general operations of a condominium association are funded through annual assessments. MCL
Condominium and Planned Unit Developments in Michigan: Creating the Potential for Walkable Towns and Cities
Michigan utilizes a variety of land use laws and the delegation of certain authority to local governments to regulate the
House Bill No. 5655: The Effective Repeal of a Condominium Association’s Ability to Collect Assessments and Other Misadventures in Legislation
On May 17th, 2016, Rep. Peter Lucido introduced a bill into the Michigan House which seeks to remake some very