Michigan Master Deed Declaration of Condominium
Description
How to fill out Master Deed Declaration Of Condominium?
You can spend hours online searching for the correct legal document template that meets the federal and state requirements you need.
US Legal Forms offers a vast collection of legal forms that are reviewed by professionals.
You can download or print the Michigan Master Deed Declaration of Condominium from their service.
If you want to find another version of your form, use the Search field to locate the template that suits your needs and requirements.
- If you already have a US Legal Forms account, you can Log In and click on the Download button.
- After that, you can fill out, modify, print, or sign the Michigan Master Deed Declaration of Condominium.
- Every legal document template you obtain is yours permanently.
- To get another copy of a purchased form, go to the My documents tab and click on the appropriate button.
- If you are using the US Legal Forms website for the first time, follow the simple instructions below.
- First, ensure you have selected the correct document template for your state/city of choice.
- Check the form details to make sure you have chosen the right template.
- If available, use the Review button to browse the document template as well.
Form popularity
FAQ
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.
The Condominium Act, (Section 52), describes the procedure for transitioning from the developer to the association of co-owners for the governing of the development. (Also see ?Election of Association of Co-owners Board of Directors? later in this handbook.)
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 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.
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?.
Section 54 of the Act states that the bylaws must contain provisions requiring the association or management company to keep books and records with a detailed account of the expenditures and receipts affecting the condominium development and specify the operating expenses.
