Section 559.150 - Termination of condominium project or amendment of master deed by developer.
CONDOMINIUM ACT (EXCERPT)
Act 59 of 1978
559.150 Termination of condominium project or amendment of master deed by developer.
Sec. 50.
If there is no co-owner other than the developer, the developer, with the consent of any interested mortgagee, may unilaterally terminate the condominium project or amend the master deed. A termination or amendment under this section shall become effective upon the recordation thereof if executed by the developer.
History: 1978, Act 59, Eff. July 1, 1978