Michigan Compiled Laws § 559.150 Termination Of Condominium Project Or Amendment Of Master Deed By Developer.

559.150 Termination of condominium project or amendment of master deed by developer.

Sec. 50.

If there is no co-owner other than the developer, the developer, with the consent of any interested mortgagee, may unilaterally terminate the condominium project or amend the master deed. A termination or amendment under this section shall become effective upon the recordation thereof if executed by the developer.

History: 1978, Act 59, Eff. July 1, 1978

Section: Previous  559.144  559.145  559.146  559.147  559.147a  559.148  559.149  559.150  559.151  559.152  559.153  559.154  559.155  559.156  559.156a  Next

Last modified: October 10, 2016