Factors to Consider in Maintaining and Maximizing the Value of Your Condominium

One of the most important aspects in determining the value of a condominium complex to a prospective purchaser is the upkeep of its common elements. A well run condominium will make capital improvements as they become necessary, address maintenance issues immediately, and keep the grounds neat and orderly. In order to be able to afford the costs associated with these expenses, an association must make sure that its budget is adequate, and that its reserve funds are sufficient to address any necessary capital improvements.   Read the article………………


Related Articles

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

(Condo Act:) Modifications and Improvements to Protect Persons With Disabilities

Persons with disabilities who reside in condominiums have several statutory protections available to them designed to prevent discrimination against the

Marijuana in Condominiums: Nuisance and Legal Consequences

Until recently, many co-owners were concerned about secondhand smoke issues relating to tobacco products in the condominium project and how