What is the difference between a subdivision lot and a site condominium?
Site condominiums have become a popular part of Michigan’s Real Estate Development, because they allow developers to avoid the lengthy State of Michigan review process that is outlined in the 1967 Michigan Subdivision Control Act. The properties have the appearance of and are considered by the market to be equivalent to standard-platted single family subdivisions. The properties are in all aspects identical to standard single-family subdivisions except for their legal description. Association fees are generally similar to homeowner association fees in standard platted subdivisions and are intended for the maintenance of entrance ways and open space within the development.
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