The Michigan Master Deed Declaration of Condominium is a legal document that outlines the rights, responsibilities, and restrictions of property owners within a condominium development. It serves as the governing document for the condominium association and provides a framework for the management and operation of the community. The Master Deed Declaration establishes the legal boundaries and descriptions of the condominium units, common areas, and limited common elements. It includes detailed information about the size, location, and layout of each unit, as well as any exclusive use areas such as balconies or parking spaces. Within the Master Deed Declaration, various keywords play a crucial role in defining the rights and limitations of condominium owners. These keywords include: 1. Common Elements: These are areas within the condominium development that are jointly owned and shared by all unit owners. Examples include lobbies, hallways, elevators, and recreational facilities. 2. Limited Common Elements: These are areas within the condominium that are owned by the association but have restricted use to specific unit owners. Examples may include balconies, patios, or parking spaces assigned to individual units. 3. Association: The condominium association is responsible for managing the common elements, maintaining the property, enforcing the rules and regulations, and collecting assessments from unit owners to cover the costs of maintenance and repairs. 4. Bylaws: The Master Deed Declaration may reference the association's bylaws, which detail the internal regulations and procedures governing the condominium community. Bylaws cover topics such as board member elections, assessment collection, architectural guidelines, and dispute resolution processes. 5. Assessments: Unit owners are typically required to pay regular assessments, which cover their share of the association's expenses for common element maintenance, insurance, utilities, and any other shared costs. 6. Amendments: The Master Deed Declaration can be amended by a vote of the unit owners, typically with a specific majority required for changes to be implemented. Amendments may be necessary to adapt to changing circumstances or address issues that arise within the community. Different types of Michigan Master Deed Declaration of Condominium can be classified based on the type of development or property. Examples include: 1. Residential Condominiums: These are condominium developments primarily made up of residential units, where the units are intended for use as a primary residence or for rental purposes. 2. Commercial Condominiums: In these types of developments, the individual units are designated for commercial use, such as retail spaces, offices, or industrial facilities. 3. Mixed-Use Condominiums: These developments combine residential and commercial units within the same building or complex, creating a diverse community with a blend of residential and commercial activities. 4. Vacation Condominiums: These are condominiums located in desirable vacation destinations, such as beachfront or resort areas, where units are predominantly used as vacation homes. In summary, the Michigan Master Deed Declaration of Condominium is a crucial legal document that establishes the ownership, rights, and obligations of condominium unit owners within a particular development. It defines the common and limited common elements, outlines the role of the association, and sets forth the guidelines and regulations governing the community.