Every Michigan condominium association goes through a transition in which control of the board of directors is transferred from developer control to co-owner control. In many condominium associations, it is not uncommon for a developer to attempt to retain control of all positions on the board of directors until the developer is ready to completely exit the condominium. However, the
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In 2009, 87.8% of American households had either a cable or satellite TV subscription; however, by the end of 2019, that number dropped to just 65.3% of American households, as more American households “cut the cord” and turned to internet-based TV subscriptions, such as Netflix, Hulu and YouTube TV. With this steep drop in cable and satellite TV subscriptions, cable
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As governors around the country ease stay-at-home restrictions, community association boards are forced to make difficult decisions regarding opening common areas, where once ordinary activities such as going to the gym or swimming pool or throwing a party are now fraught with risk. Managing social distancing during the pandemic is especially challenging for condominium and homeowners associations where residents live
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Michigan condominium associations are required to keep a number of different types of records. One type of record that condominium associations are required to keep, which is often overlooked, is a record of each mortgage that is placed on any condominium unit in the condominium project. A mortgagee, which is most often a bank, is a person or corporate entity
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If your Condo or HOA has a fitness center, gym, pool or other recreational facilities, you should read this article to learn more about the additional safety requirements imposed by Executive Order 2020-114 and Executive Order 2020-115.
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Can you engage in short-term rentals? Can Condos and HOA’s open recreational facilities? This article discusses the impact of Executive Order 2020-110 on short-term rentals and recreational facilities, such as basketball courts, fitness centers, pools, gyms, spas or tennis court.
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