Condo Q&A

City lists Michigan Condo Association as a 'business'

Written by stephen polinsky | Thu, Jan 22, 2015 @ 01:00 PM

I live in a Michigan Condo Association.  The city attorney has recently listed the Condo Association as a ‘business’.

Does this mean that the Condo Association is making a profit? I was under the impression that Condo Associations are non-profit. Have things changed in the past 10+ years?