Proposed Amendment to the Michigan Condominium Act: House Bill 4919 (2015): Authorizes board of directors to initiate or defend legal actions on behalf of and against co-owners without restriction
On September 29, 2015, representatives Klint Kesto (primary sponsor), Brandt Iden and Hank Vaupel introduced House Bill 4919, which would modify the Condominium Act, MCL 559.101, et. seq. House Bill 4919 would amend MCL 559.160 as follows: Sec. 60. (1) Actions on behalf of and against co-owners shall be brought in the name of the association of co-owners. The association of co-owners may assert, defend, or settle claims on behalf of all co-owners in connection with the condominium project. Read the article…………
There is no question that the Great Recession hit the world of condominiums perhaps harder than any other sector of real
Taxes in Your Michigan Condominium or Homeowners’ Association: Is Your Association Current with the IRS?
As April 15th approaches, many Michigan residents are reviewing various sources of gross income, tax credits and tax deductions in
Deep fried turkey combines the deliciousness of a well-cooked turkey with the crispiness of deep-fried goodness. Thanksgiving is one of