HILLS OF LONE PINE ASS'N. v. Texel Land Co.

Plaintiff appeals the circuit court judgment and order denying plaintiffs motion for summary disposition and granting sua sponte summary disposition in favor of First American Title Insurance Company (hereafter defendant). At issue was whether defendant, as escrow agent, properly released to the developer, defendant Texel Land Co., Inc., 1 the funds retained in escrow for completion of required items in a condominium project, under the provisions of the Condominium Act, MCL 559.101 et seq.; MSA 26.50(101) et seq. We affirm in part and reverse in part.

The Condominium Act provides that…