In many parts of the United States, housing conditions have shifted noticeably in favor of buyers. Increased inventory, longer listing times and greater negotiating power have created what many real estate professionals describe as the strongest buyer's market seen in...
Detroit & Chicago Business Organizations Legal Blog
What does “undue financial burden” mean?
As a housing cooperative board member, balancing community needs with legal requirements can be challenging. You might encounter a member with a disability requesting reasonable accommodation or modification. Using the undue burden test Reasonable accommodations or...
Co-op compliance with the ADA’s parking rules
Housing co-ops in Southwest Michigan help to fill a crucial need. They provide community and affordable housing options for area residents in a densely-populated area. Some of the people moving into a housing co-op may have medical conditions that limit their...
When a corporate executive breaches their duty to shareholders
Shareholders play a critical role in the financial stability and management of many successful corporate organizations. They take a financial risk by investing in the business. As such, the executives running the organization have a fiduciary duty to the shareholders....
Navigating co-op contract disputes involving groundskeepers
Cooperative housing communities often rely heavily on groundskeepers to maintain attractive, safe and functional outdoor spaces. From lawn care and snow removal to landscaping and seasonal maintenance, groundskeepers often play an important role in preserving property...
The need for consistency when evicting non-paying co-op members
Housing cooperatives or co-ops are relatively common in the Detroit area. Co-ops offer a sense of community and reduce property maintenance obligations for individuals. They can be an affordable alternative to purchasing a standalone home. Unfortunately, even when...
3 options for co-ops dealing with service contract breaches
Detroit-area housing co-ops have an obligation to maintain shared amenities, including outdoor spaces. Depending on the structure of co-op buildings, the co-op may have responsibility for lawn maintenance, as well as for snow removal during the colder months....
Should a business voluntarily provide FinSEC with BOI details?
The Corporate Transparency Act CTA has been a source of legal controversy since Congress first passed it. There are currently multiple lawsuits challenging the CTA in different federal courts, and there have already been rulings limiting the scope of the CTA. The CTA...
What should I know about the proposed Housing Fairness Act of 2025?
Housing discrimination continues to pose a problem throughout the country. In an attempt to address this issue, lawmakers have proposed the Housing Fairness Act of 2025. The bill aims to promote equitable access to housing for all individuals, regardless of their...
CTA updates every Wyandotte and Chicago business must know
If you run a business in Wyandotte or Chicago, recent changes to the Corporate Transparency Act (CTA) affect how you report ownership. U.S.-formed companies no longer need to report their ownership details. Foreign-owned companies still must follow the rules. Knowing...
