What is a Disclosure Statement and what is Required?

In Michigan, condominium developers are required to provide several documents to prospective purchasers of a condominium. Pursuant to MCL 559.106, “Developer” is defined as “a person engaged in the business of developing a condominium project as provided in this act”. In addition to original developers, the Condominium Act imposes similar requirements upon “Successor Developers”. MCL 559.235 states in part “As […]

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Fighting Fire with Fire: Eliminating Commercial Restrictive Covenants and the Unintended Consequences of “Dark Store” Legislation

Matthew W. Heron, Esq. Cummings, McClorey, Davis & Acho, PLC Introduction In the recent past several large retailers have scored significant victories in challenging real estate tax assessment values on commercial property through what has been called a “dark store” argument. A retailer making this argument contends that its store is essentially a single-use building, and, therefore, once constructed has […]

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