WHO IS RESPONSIBLE FOR CARRYING INSURANCE ON A CONDOMINIUM?

WHO IS RESPONSIBLE FOR CARRYING INSURANCE ON A CONDOMINIUM?

Introduction For many people, purchasing a home is the largest investment they will make in their lifetime. While owning real estate should be considered an investment, it should also be viewed as a risk. Aside from the risk that the property will decrease in value,...
CAN YOU TERMINATE A CONDOMINIUM UNDER THE MICHIGAN CONDOMINIUM ACT?

CAN YOU TERMINATE A CONDOMINIUM UNDER THE MICHIGAN CONDOMINIUM ACT?

The Michigan Condominium Act, MCL 559.101, et seq., contains specific procedures for the termination of a condominium. If a developer has not sold any condominium units, MCL 559.150 permits the developer to unilaterally terminate a condominium project. If the...
VACATING A ROAD OR ALLEY UNDER THE LAND DIVISION ACT

VACATING A ROAD OR ALLEY UNDER THE LAND DIVISION ACT

In Michigan, a significant portion of commercial and residential real estate development occurs through the creation of either subdivisions or condominiums. Typically, an owner of a large parcel of land will establish a condominium or subdivision as a means of...
MCL 559.234 and Mich Admin R 559.111:  Know the rules related to shared recreational facilities in Condominiums

MCL 559.234 and Mich Admin R 559.111: Know the rules related to shared recreational facilities in Condominiums

Recreational facilities in condominiums are often one of the many amenities that draw potential purchasers to a particular condominium.  Co-owners enjoy the use of recreational facilities such as barbeques, basketball courts, boat launches/slips, clubhouses, gyms,...