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Who regulates HOA in Michigan?

Who regulates HOA in Michigan?

Federal HOA Laws – In addition to state law regulations, the federal government has laws that govern the operation and management of common interest communities, condominiums, cooperatives, and residential properties in the state of Michigan. The Elliott-Larsen Civil Rights Act, or Public Act 453 of 1976.

What are the duties of a condo management company?

(a) To the condo Managers are responsible for the maintenance and repairs of their buildings, and have to ensure that all systems are in working order. They supervise staff, do paper work, have the bookkeeping done by their management office, and see to it that owners pay their condo fees in a timely fashion.

What is the role of a management company?

A Management Company is a party to certain leases or transfer documents. The company’s role is to be responsible for the management of the service charge and the delivery of management and maintenance services at the development.

What are HOA management services?

HOA management companies consist of management professionals who take on the responsibility of enforcing an HOA’s policy as well as maintaining the integrity of policies. They also assist with communication between board members and help handle daily operations.

What is the Michigan condominium Act?

AN ACT relative to condominiums and condominium projects; to prescribe powers and duties of the administrator; to provide certain protections for certain tenants, senior citizens, and persons with disabilities relating to conversion condominium projects; to provide for escrow arrangements; to provide an exemption from …

How do I dissolve an HOA in Michigan?

Call an association meeting and ask for a vote on dissolving the HOA. If approved, have the agreeing members sign the termination agreement. Settle any debts, dispose of assets belonging to the HOA, and file the necessary documentation with the SOS to complete the dissolution.