By definition, housing co-ops are more exclusive than other types of housing, such as condominiums and apartments. Thus, the board of a co-op can be more selective in what they choose to require of their shareholder-residents, and which accommodations they choose to...
Month: August 2021
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What are liquidated damages?
Contract breaches occur between business enterprises. In a breach's aftermath, both parties might seek to recover their losses. Sometimes, the losses appear evident. Other instances might be ambiguous, but Michigan law does address a "gray area" loss claim. Under the...
What are key fair housing terms?
The Fair Housing Amendments Act built upon the Civil Rights Act and extended protections against discrimination in buying, renting, and financing properties. The law protects many people, including those who may have a disability. Michigan residents with a disability...