Guidelines for Preparing Your Association Budget Preparing an annual budget is essential for the financial stability of community associations. However, not all associations know how to effectively create an association budget. To help you with this task, here are some guidelines that will make preparing your
Plat Gave Easement Over Park, Not Fee Simple Rights to Owners in Subdivision Ownership and use of common areas in platted subdivisions is one of the more complicated areas of real estate law and has been the subject of conflicting caselaw in the State of Michigan.
Proposed Federal Legislation Aims to Broaden FEMA Disaster Assistance for Community Associations FEMA is a federal program that assists homeowners and municipalities with recovering from disasters. FEMA funds are available for restoration of a single family home in the event of a disaster when insurance proceeds
A necessary component of running a functional condo association is the collection of delinquent maintenance assessments. While many condo associations can yield account resolution through a demand letter and/or recording a lien against the unit, some delinquent accounts may require the initiation of foreclosure, which
Michigan condominium associations are often a hotbed for politicking prior to an election of directors or other votes that take place at an annual or special meeting. It is common for board candidates, or other co-owners, to go door to door and solicit the right
