September 2020 - The Michigan Community Association Law Blog

Financial Issues, Budgets & Reserves• September 18, 2020

VA Condominium Approval for VA Home Loans

The Veterans Benefits Administration of the Department of Veterans Affairs (the “VA”) is a function of the United States government intended to help the country’s veterans and servicemen. One of the benefits provided by the VA is the VA home loan guaranty program. Through VA direct home loans and VA-backed home loans, the VA loan program is intended to make it easier for veterans, servicemen and their survivors to borrow enough money to buy,…

Continuity Planning for Michigan Community Associations

During this time of economic uncertainty and concerns over the COVID-19 pandemic, community associations should take an 'inventory' of the current conditions of the association and have a continuity plan in place just in case something tragic happens.

Michigan Court Upholds HOA Ban on Short-Term Rentals Under Residential Use Covenants

Homeowner associations that have residential use restrictions should ensure that such restrictions are properly enforced as short-term rentals via online platforms continue to grow in popularity.