This form is a Master Deed. This Master Deed is executed by a developer pursuant to the provisions of the Condominium Act. The deed contains a legal description of the project and the responsibilities of the co-owner.
Michigan Condominium Master Deed - Residential Condo Development
Instant download
Description
Free preview
How to fill out Condominium Master Deed - Residential Condo Development?
If you require to summarize, retrieve, or print authentic document templates, utilize US Legal Forms, the largest selection of valid forms, available online.
Employ the site’s straightforward and efficient search to locate the documents you need. A range of templates for business and personal purposes are organized by categories and states, or keywords.
Utilize US Legal Forms to find the Michigan Condominium Master Deed - Residential Condo Development with a few clicks.
Every legal document template you obtain is yours permanently. You can access every form you downloaded in your account. Click the My documents section and select a form to print or download again.
Stay competitive and download, and print the Michigan Condominium Master Deed - Residential Condo Development with US Legal Forms. There are numerous professional and state-specific forms available for your business or personal needs.
- When you are currently a US Legal Forms user, sign in to your account and click on the Download button to acquire the Michigan Condominium Master Deed - Residential Condo Development.
- You may also access forms you previously downloaded from the My documents section of your account.
- If you are using US Legal Forms for the first time, consult the instructions below.
- Step 1. Ensure you have selected the form for the appropriate city/region.
- Step 2. Use the Review option to examine the document’s content. Remember to read through the description.
- Step 3. If you are not satisfied with the form, use the Search field at the top of the screen to find alternative versions of your legal document format.
- Step 4. Once you find the form you want, click on the Get now option. Select the pricing plan you prefer and enter your details to register for the account.
- Step 5. Process the payment. You can use your credit card or PayPal account to complete the transaction.
- Step 6. Choose the format of your legal document and download it to your device.
- Step 7. Complete, modify, and print or sign the Michigan Condominium Master Deed - Residential Condo Development.
Form popularity
FAQ
The master deed provides the percentage of ownership for each condominium unit in the development. This percentage is the basis for determining your obligation for payment of monthly maintenance fees, assessments for major repairs, and may determine your voting percentage at association meetings.
Section 57 of the Act provides that all books, records, contracts, and financial statements concerning the administration and operation of the condominium project shall be available for examination by any of the co-owners at convenient times.
Sec. 47. (1) Subject to the prohibitions and restrictions in the condominium documents, a co-owner may make improvements or alterations within a condominium unit that do not impair the structural integrity of a structure or otherwise lessen the support of a portion of the condominium project.
Section 112 requires any co-owner desiring to lease out a unit to disclose that fact in writing to the association at least 10 days before presenting a lease or otherwise agreeing to grant possession of a unit to a tenant, and to supply the association with an exact copy of the lease form to be used to enable the ...
90a. (1) To the extent this act or the condominium documents require a vote of mortgagees of units on amendment of the condominium documents, the procedure described in this section applies. (2) The date on which the proposed amendment is approved by the requisite majority of co-owners is considered the ?control date?.
Sec. 67. (1) A change in a condominium project shall be reflected in an amendment to the appropriate condominium document. An amendment to the condominium document is subject to sections 90, 90a, and 91.
Sec. 47. (1) Subject to the prohibitions and restrictions in the condominium documents, a co-owner may make improvements or alterations within a condominium unit that do not impair the structural integrity of a structure or otherwise lessen the support of a portion of the condominium project.
