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...
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...
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...
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...
Ever since the federal legislature passed the Corporate Transparency Act (CTA), it has been a source of ongoing legal controversy. The CTA requires the disclosure of beneficial ownership information (BOI) details. Businesses with opaque structures such as corporations...
Annual meetings for co-op, condo, or homeowners’ associations (HOAs) are crucial for maintaining a well-functioning community. These meetings provide a platform for residents to discuss important issues, make decisions, and vote on various matters. Typically, the...
Sitting on coop and condominium boards can be thankless volunteer job. The list of responsibilities is typically long, ranging from fielding questions from fellow residents to staff supervision to issuing assessments for major projects. Some board members may not...
Fair housing laws are crucial to ensuring equal opportunity in housing, aiming to eliminate discrimination based on race, color, national origin, religion, sex, familial status and disability. These laws are primarily governed by the Fair Housing Act of 1968 in the...
Homeowners and condominium associations in Michigan can now amend their rules to remove racially restrictive language. While the Fair Housing Act and other laws have been in place to prevent discriminatory practices in housing, the act did not apply to 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...