Companies that are run in a profitable and proper way are usually the ones shareholders have the most interest in. However, it is not uncommon for shareholders in an incorporated corporation to disagree on certain issues, which can actually end up damaging the...
Keeping conflicts and disputes to a minimum is crucial for lasting business success. However, this is often easier said than done. Conflicts can arise when you least expect them and can derail contracts indefinitely. Fortunately, there are steps you can take to avoid...
The board members of homeowners’ associations have countless responsibilities, some of which may keep them up at night. Such responsibilities range from the safety of homeowners, ensuring proper maintenance and repairs to facilities as well as serving as a mediator in...
Every homeowner’s association in Michigan has different rules, but the state’s HOAs also have to abide by state laws when hearing and addressing resident concerns. As more Americans start turning to solar power as an alternative to traditional electric energy, the...
A well-written business contract that covers all necessary bases helps reduce the risk for your Michigan business and lowers the chance of conflicts arising. However, sometimes, the contents of a contract may prove open to interpretation, leading to a potentially...
As a member of the Board of Directors of your HOA, you know that the Fair Housing Act forbids it to discriminate against anyone belonging to a protected class. What you may not realize however, is just how extensive this list of protected classes is. The Homeowners...
Every co-op and homeowners' association (HOA) in the Detroit area depends on its members' assessment fees to stay financially solvent. Without this vital revenue stream, most associations will quickly run out of money for routine maintenance like lawn mowing, snow...
Homeowner’s associations across Illinois, Michigan and the rest of the United States typically set guidelines by which residents have to abide. Yet, many HOAs run into trouble when residents feel as if their HOAs are singling them out or discriminating against them in...
Your business contract might not yield the results you hope for if you lack confidence in negotiating the terms of the deal. To help yourself come out of your contract talks with your desired outcome, consider how to understand the perspective of the party you are...
Many in the homeowner’s association think that board members and officers are interchangeable or do the same thing. This is not the case. There are differences, and they are important to note. The entire board of directors is responsible for managing the HOA. A select...
