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…………….
In Gordon v Cornerstone RG, LLC, No. 324909, 2016 WL 902195 (Mich Ct App March 8, 2016) (unpublished opinion), the
Transitioning From Developer Control to Non-developer Control Co-owner Control: Five Practical Steps Every Associations Should Take
Every community association in Michigan undergoes a transition or “turnover” phase whereby the control of the community association changes from