New Proposed Michigan Bill Will Require Condominiums Conduct Reserve Studies

/ Owner - October 25, 2023

HB 5019 is a new bill pending in the Michigan House that will require condominium associations in the state to conduct periodic reserve studies to help plan for future repairs and replacements. The Community Associations Institute’s Michigan Legal Action Committee fully supports this bill and is undertaking efforts to gain legislative support.   Read the article………………………………

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