Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Office of Policy and Legislative Affairs
Condominiums
Part 1 - GENERAL PROVISIONS
Section R. 559.109 - Termination of condominium project; notice to interested parties

Universal Citation: MI Admin Code R. 559.109

Current through Vol. 24-16, September 15, 2024

Rule 109.

(1) Pursuant to sections 50 and 51 of the act, notification of termination shall be given to all parties interested in the project, including the following:

(a) Escrow agents.

(b) Land contract vendors.

(c) Project creditors.

(d) Project lienors.

(e) Prospective purchasers who have deposited funds.

(f) Any other person who holds an outstanding interest in the condominium property.

(2) Such notice shall be made by first-class mail to the person's last known address.

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