July 2024

Condo & HOA Legislation• July 24, 2024

The Homeowners’ Energy Policy Act: A Michigan HOA’s Guide to Solar Panels and Energy Saving Improvements

The Michigan legislature recently enacted the Homeowners’ Energy Policy Act, 2024 PA 68, which imposes new requirements on Michigan homeowners associations with respect to installing solar panels and other energy-saving improvements.  The Homeowners’ Energy Policy Act, MCL 559.301 et. seq. will prevent homeowners associations from completely banning solar panels and other energy-saving devices when it becomes effective on April 1,…
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Financial Issues, Budgets & Reserves• July 11, 2024

Should You Discount Assessments for Board Members?

When managing a community association, the question of whether board members should receive discounts on their assessments can arise. While it might seem like a small gesture of appreciation for their volunteer service, there are several reasons why this practice is not in the best interest of the community. Legal and Financial Implications Financial Burden on Other Owners Discounting assessments…
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