A co-owner that withholds assessments will likely be faced with having to pay late fees, interest, legal fees and/or a lawsuit.
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The main difference between additional assessments and special assessments is often that the co-owners are required to vote to approve special assessments, whereas the board of directors typically can levy an additional assessment without co-owner approval.
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Congratulations to Kevin Hirzel who has been appointed the Chairman of the Legislative Action Committee (LAC) for the Community Association Institute Michigan Chapter (CAI).
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A condominium or homeowner association should enforce the master deed, bylaws or other restrictive covenants according to their plain language.
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In Michigan, MCL 559.157 requires that the “…books, records, contracts, and financial statements concerning the administration and operation of the condominium” be available for examination by the co-owners at convenient times. In Michigan, the Michigan Condominium Act, MCL 559.157, requires that the “…books, records, contracts, and financial statements concerning the administration and operation of the condominium” be available for examination by the…
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Given that religious freedom in community associations is a rapidly evolving area of the law, community association boards should consult with legal counsel when enacting and/or enforcing bylaws or ruling that could impact the religious beliefs of co-owners.
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