Navigating the CTA: A Guide for Condos and HOAs to comply with the Corporate Transparency Act The Corporate Transparency Act is a federal law that was enacted in 2021 to stop individuals in foreign countries from illegally moving money into the United States. The Corporate
Can A Michigan Condominium Association Collect Attorney Fees for Bylaw Violations? In Michigan, the responsibility for attorney fees and costs in litigation typically lies with the parties involved. Following the 'American rule,' attorney fees are not recoverable unless expressly allowed by statute, court rule, common-law exception,
What Every Condo or HOA Needs To Know About Emotional Support Animals Over the last several years, emotional support animals have been a continuous source of speculation and confusion for many Michigan condo and HOA boards. We all have seen the news stories of individuals
What You Need to Know About Handling Conflicts of Interest on Your Michigan Condo Board A condominium association is governed by its board of directors. In Michigan, it is common that members of a board of directors are uncompensated volunteers. It is also common
Michigan Condominium Act Amendments: Enhancing Financial Transparency and Security for Condo Associations In an effort to strengthen the financial stability of condominium associations in Michigan, the state legislature has introduced a bill to amend the Condominium Act of 1978. This amendment, specifically targeting section 105 (MCL
Condominium Association Funds and Capital Projects: Walsh v Hawthorn Hills Owners of Rochester, Inc. Introduction Boards of Directors of community associations are often charged with the responsibility of maintaining the capital assets of the corporation and administering the community itself. This responsibility involves difficult decisions regarding the
