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Current as of February 09, 2022 | Updated by FindLaw Staff
Sec. 5. (1) “Contractable condominium” means a condominium project from which any portion of the submitted land or buildings may be withdrawn in accordance with this act.
(2) “Conversion condominium” means a condominium project containing condominium units some or all of which were occupied before the filing of a notice of taking reservations under section 71. 1
(3) “Convertible area” means a unit or a portion of the common elements of the condominium project referred to in the condominium documents within which additional condominium units or general or limited common elements may be created in accordance with this act.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 559. Condominiums § 559.105 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-559-condominiums/mi-comp-laws-559-105.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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