On July 11, 2024, the Michigan Supreme Court issued a pivotal decision in Janini v. London Townhouses Condominium Association that directly affects how co-owners can pursue claims against condominium associations. In this landmark decision, the court ruled that a...
Insurance
Lending Questionnaires for Condos Revised Regarding Critical Repairs
Effective September 18, 2023, some updates were made to the eligibility criteria for condominium and cooperative projects by Fannie Mae and Freddie Mac. Known formally as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage...
Preventing Mold and Water Damage in Your Condominium Association: Proactive Steps for Managers and Boards
From frozen pipes, broken appliance supply lines, to roof leaks and leaking drain pans, in townhome and attached condominiums, these and other sources of water intrusion can quickly wreak havoc for owners and the association if not handled properly and quickly....
Is it Safe to Run for the Board? Broad Protections Afforded to Directors in a Litigious Age
The vitality of Michigan community associations is directly related to the quality of their volunteer board of directors. However, in this litigious age, potential directors may be concerned about the personal liability faced when their every decision may be...
The Financial Risks of Ignoring Mold in Your Condominium
Mold can present a real threat to the structural integrity of a building and can also be harmful to human health. This threat is amplified in attached condominiums since owners can be affected by an instance of mold originating in another co-owner's unit or the common...
What Every Board Member Should Consider to Reduce Assessments
A condominium association’s board of directors has a seemingly endless list of responsibilities, but one of the most important – at least in terms of its impact on the membership – is the adoption of an annual budget. In simple terms, adopting a budget requires the...
Avoiding the Improper Denial of Association Insurance Claims
One of the primary functions of a condominium’s governing documents is to establish the respective responsibilities of the association and the co-owners for maintaining, repairing and replacing all property located within the condominium project. Often times, these...
Two Condominium Bylaw Provisions That Every Board Should Review to Ensure that Assessments are not Unnecessarily Depleted
Assessments are the means by which all associations operate, and assessments provide the necessary income to maintain and enhance a community's assets to protect and maximize unit values. When assessment levels get too high, the very assessments that are essential to...
Insuring Condominium Property Under a “Single Entity” Insurance Policy
One of the primary functions of a condominium's governing documents is to establish the respective responsibilities of the association and the co-owners for maintaining, repairing and insuring everything located within the project. During the early days of condominium...
Hoarding – Understanding and Successfully Addressing the Problem
It's a condition that affects between three and five percent of all Americans, both men and women. With an aging baby boomer generation, experts predict that the problem is only going to get worse. It’s called hoarding and for condominium associations, particularly...
Association Property Damaged by an Automobile – What Every Association Should Know to Recover Under Michigan’s No-Fault Insurance Laws
When people think of Michigan's No-Fault Insurance Act ('Act'), their mind is likely drawn to thoughts of a roadside automobile accident. But what if an automobile damages subdivision common areas or condominium common elements? Under State law, drivers are required...