In deciding whether your association should amend its Articles of Incorporation, Master Deed, Bylaws or Condominium Subdivision Plan, the first step is to consider the dates of when the association’s documents were created.
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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 the numerous changes to the Nonprofit Corporation Act, condominium associations in Michigan would be wise to review or amend their articles of incorporation and bylaws to adopt the new changes.
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