Michigan Administrative Code (Last Updated: November 16, 2016) |
Department LR. Licensing and Regulatory Affairs |
Office of Policy and Legislative Affairs |
Chapter Condominiums |
Part 1. GENERAL PROVISIONS |
Section 559.106. Disclosure booklet.
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Rule 106. (1) The disclosure booklet required by section 84a(1)(C) of the act to be distributed to prospective purchasers shall be "The Condominium Buyers Handbook," as published by the administrator.
(2) "The Condominium Buyers Handbook" shall be distributed to purchasers who sign a purchase agreement 9 business days before a purchase agreement becomes a binding agreement, pursuant to section 84 of the act.
History: 1979 AC; 1985 AACS.