One of the many benefits of buying property in a homeowners association is that the homes are often more valuable than homes located in non-deed restricted communities. Architectural control restrictions in restrictive covenants often play a significant role in increasing and maintaining property values in
The vast majority of Michigan condominium and homeowners associations are formed as Michigan nonprofit corporations under the Michigan Nonprofit Corporation Act, MCL 450.2101, et seq. In order to create a Michigan nonprofit corporation, such as a condominium or homeowners association, a developer is required to
Michigan condominium and homeowners Associations are organized under the Michigan Nonprofit Corporation Act, MCL 450.2101, et seq. As a result, they are subject to automatic dissolution if they fail to file an annual report or pay an annual filing fee for a period of two
Kevin Hirzel and Brandan Hallaq of Hirzel Law, PLC represented the Channel View East Condominium Association in this case. On July 2, 2019, the Michigan Court of Appeals issued an Opinion in Channel View East Condominium Association, Inc v Gregory V Ferguson, unpublished per curiam opinion
At least once a year, property managers, attorneys or the association itself files corporate documents with the State of Michigan's Department of Licensing and Regulatory Affairs ("LARA") on behalf of the association. In a Michigan condominium association or homeowners association, certain documents such as Amended and Restated
When a developer starts a project in Michigan, often it is easier/cheaper to create a site condominium or a homeowner’s association (“HOA”) rather than platting single family homes. As the developer sells enough units, control of the site condominium or HOA transfers to the homeowners
