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"Contractable condominium" means a condominium project from which any portion of the submitted land or buildings may be withdrawn in accordance with this act.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. (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.
Mich. Comp. Laws § 559.105
Definitions; C
Applied in 1 court decision — leading case 287 Mich. App. 136 - Paris Meadows, LLC v. City of Kentwood (2010)
Most recently applied in 287 Mich. App. 136 - Paris Meadows, LLC v. City of Kentwood (January 2010)
1978, Act 59, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.