Are Sellers Required to Disclose Delinquent HOA Dues?

In Michigan the law is clear as to the duties of condominium associations to provide written statements to purchasers of units located in the condominium regarding unpaid assessments, interest, late charges, fines, costs and attorney fees. However, when it comes to homeowners that own lots in subdivisions governed by a Homeowners’ Association (HOA), the law is not as clear-cut. Therefore, prospective purchasers should be aware of any outstanding items that […]

Read More

How Important is a Will, Really?

How Important is a Will, Really? The simple answer to that question is . . . wait for it . . . “It depends.” Most people own assets of some kind when they die. The assets might include real estate (home, land, timeshare, etc.), financial accounts (bank, investment, and retirement accounts), life insurance, savings bonds, autos, boats, toys, and personal effects or “stuff” (clothes, furniture, jewelry, tools, etc.). The assets […]

Read More

Attorneys Participate in CAI Annual Conference and Expo

Attorneys John Gwyn and Joel Ashton from the Firm’s Community Association and Real Estate Law practice group are at the Community Associations Institute (CAI) Annual Conference and Expo today, Friday, March 3.  If you are attending the Conference, please plan on stopping by CMDA’s booth (#201).  We look forward to sharing information on the various legal services our Firm’s Community Association and Real Estate Law practice group provides.

Read More

    CONTACT US

    I have read the Disclaimer

    Archives

    Categories

      CONTACT US

      I have read the Disclaimer