MCL 559.208

Condo & HOA Collections August 1, 2018

MI Court Rules that MCL 559.208 Does Not Protect a Condominium Association’s Lien Priority after Taking a Deed in Lieu of Foreclosure

In Stonehenge Condominium Association v Bank of New York Mellon Trust Company, NA, unpublished opinion of the Court of Appeals, issued July 24, 2018 (Docket No. 339106), the Michigan Court of Appeals held that a condominium association’s lien priority over a second mortgage was extinguished when the association received a deed to the condominium unit from the co-owner instead of…
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