As seen in the Legal League Quarterly, Spring 2013:
Condominium Law Update
Get up to speed with Michigan's latest condo rules and regs.
By Charlie Hahn
Excerpt: It appears that the continued legal wrangling in Michigan between mortgage servicers and condominium associations may be coming to an end. Ever since a controversial trial court decision in 2005, the Condominium Bar has been promoting an interpretation of the Condominium Act that claims that an assignment of the first mortgage after the recording of an association lien results in the mortgage losing its priority, Greenbrooke vs. Hubble & Midfirst Bank, Oakland County No. 12-2005 (11-2-05).
This claim was based on the assertion that an assignment was a “conveyance” of an interest in the unit, thus triggering section 211 (MCL 559.211), which requires a fee payoff request to the association.