Grand Rapids, MI asked in Contracts, Land Use & Zoning and Real Estate Law for Michigan

Q: Can a co-op board make changes to a signed and executed proprietary lease with a shareholder Like, allowing subletting?

1 Lawyer Answer
Michael Zamzow
Michael Zamzow
  • Real Estate Law Lawyer
  • Grand Rapids, MI
  • Licensed in Michigan

A: I think we'll need more information to offer an insight.

Depending on the power of the co-op board, it might be able to dictate certain guidelines, there are sometimes 'reasonable' boundaries, but oftentimes what is ever is written in the bylaws controls.

Kenneth V Zichi agrees with this answer

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