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
Michigan Legal Code