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Director and Officer Liability

Federal Judge Rules Community Associations Must Comply With Corporate Transparency Act As discussed in a prior article, the Community Associations Institute (“CAI” or the “Plaintiffs”) filed a lawsuit in the Eastern District of Virginia against the Department of Treasury seeking an exemption for community associations from

Federal Court Rules that Corporate Transparency Act is likely Constitutional: Community Associations must comply by January 1, 2025 to avoid $10,000 in potential civil penalties The January 1, 2025 deadline for condominium and homeowners associations to comply with the Corporate Transparency Act is fast-approaching. Community associations

Top 4 Legal Considerations for Gated Communities in Michigan: What Condos and HOA’s Need to Know Imagine living in an exclusive, gated condominium community where security and privacy are top priorities. Whether your home is nestled in a suburban site condominium or perched in a sophisticated

Understanding Breach of Fiduciary Duty by Developer-Appointed Directors in Condominium Associations Many co-owners volunteer to serve on the board of directors because they believe that they can lead their condominium association in a positive direction.  This belief is essentially what it means to fulfill their duty

UPDATE: The Deadline to Record a Notice Under the Michigan Marketable Record Title Act Has Been Extended to September 29, 2025: Does Your HOA or Condo Association Need to Record One?   Introduction Michigan’s Marketable Record Title Act, MCL 565.101, et seq. (the “MRTA”), has been around since

Federal Court rules that the Corporate Transparency Act is Unconstitutional: What does it mean for Community Associations? On January 1, 2024, the Federal Crimes Enforcement Network (“FinCEN”) opened its online portal for corporate entities in the United States to begin compliance with the new reporting requirements

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