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2019 Michigan Compiled Laws
Chapter 559 - Condominiums
Act 59 of 1978 Condominium Act (559.101 - 559.276)
Section 559.150 Termination of Condominium Project or Amendment of Master Deed by Developer.
Universal Citation: MI Comp L § 559.150 (2019)
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
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