Which Type of Foreclosure, Judicial or Advertisement, is Best for Your Condominium Association?
Condominium associations are often faced with delinquent co-owners. Unfortunately, the days are long gone when a Condominium Association is guaranteed to recoup all of the delinquent assessments plus attorney fees and costs from a sheriff sale of the condominium unit. However, there are times when a Condominium Association should proceed to foreclose on its lien. Read the article…………….
On December 15, 2016, the Michigan Court of Appeals issued an unpublished opinion in the matter of Woodland Estates, LLC
In Michigan, foreclosure is not only a contractual right, but a statutory right as well. Michigan is primarily a foreclosure