HB5784 — Housing: condominium; requirements for an association of co-owners to conduct a reserve study and establish a reserve funding plan; modify. Amends sec. 105 of 1978 PA 59 (MCL 559.205).

HB5784 — Housing: condominium; requirements for an association of co-owners to conduct a reserve study and establish a reserve funding plan; modify. Amends sec. 105 of 1978 PA 59 (MCL 559.205). · Informed CitizenryThe bill amends the Condominium Act (MCL 559.205) to establish requirements for condominium associations regarding reserve studies and funding plans. An association of co-owners must conduct an in…Open in Informed Citizenry