⚠ Not Legal Advice. This guide is for informational purposes only. Consult a licensed Michigan attorney for legal advice.
Michigan HOA Overview
Strong condo statute but no general HOA act for planned communities. Planned HOAs rely on CC&Rs and general nonprofit law. Michigan Nonprofit Corporation Act (MCL 450.2101) provides governance framework.
State-Specific Document Requirements
Reserve Fund
MCL § 559.167
Mandatory
Condo associations must maintain an adequate reserve fund. Annual reserve study recommended; amount must be disclosed in the annual budget.
Retention: 7 years
Disclosure: Reserve balance disclosed in annual budget distribution.
Threshold: Required for condos under MCL 559.
Disclosure Statement
MCL § 559.184
Mandatory
Developer must provide a "Disclosure Statement" to any purchaser of a condo unit before a purchase agreement is signed. For resales, the association provides a statement of unpaid assessments.
Retention: 5 years
Disclosure: Provided to buyer before signing.
Generate Michigan HOA Documents
All Michigan statutory requirements are pre-loaded. Just fill the form.
Browse MI Templates →