In densely populated urban areas in Michigan, it is not uncommon for a co-owner to sell another co-owner a parking space at a premium when parking space is limited. However, condominium associations and co-owners often confuse the process of selling units with the process of selling a limited common element parking space. In determining the proper procedure for selling a parking space in a condominium, a co-owner must first determine whether the parking space is a unit or a common element. Read the article………….
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