5 Reasons Why a Real Estate Attorney is Essential for Transactions
Buying a home could be one of the most significant investments you will make, so it’s vital to ensure that everything goes smoothly. In the state of Michigan, a real estate attorney is not required in the purchase or sale of your home. So why should you use one Contract Negotiations When you’re ready to offer […]
What Happens If I Miss A Mortgage Payment?
In general, missing a mortgage payment will negatively impact your credit score and could lead to foreclosure if you aren’t able to catch up. Additionally, your lender may charge late fees or increase your interest rate. If you’re struggling to make mortgage payments, reach out to your lender as soon as possible to discuss your […]
A Time to Litigate and a Time to Settle: Do You Know What Time It Is?
Knowing when to litigate and settle a legal dispute can be tricky. Several factors come into play, including the cost of litigation and the potential outcome of the case. In this post, we’ll explore both sides and discuss what you should consider before deciding whether to litigate or settle your dispute. The Pros and Cons […]
Is the Landlord or Tenant Responsible for Repairs?
Oh no, something broke in the property that you lease! Do you know who is responsible? We can help you figure that out; you do not want to pay for it if you are not legally liable! Check the Lease Agreement If something breaks in your leased property, the first thing you should do is […]
How Do You Know When You Have A Deal and What It Entails?
Regardless of the kind of business transaction you are involved in, whether you are forming a new business from scratch, buying a business, merging with another business, or purchasing a franchise, you will face tricky questions. You and your counterpart might enter into negotiations with the best of intentions but, as you go back and […]
What Is a Security Deposit?
If you have ever signed a lease, you have most likely seen the words “security deposit”. What exactly is this? Why do you need to pay it? What does it cover? Continue reading to find out the answers to these questions! What Is It? The security deposit is a set amount of money that a […]
Ann Arbor Landlords and Tenants Do Not Feel the Same About the New Law
Ann Arbor’s new right-to-renew law has landlords up in arms and tenants relieved. What is this law? How will it affect the citizens of Ann Arbor? The Law Tenants of Ann Arbor apartments will no longer have to worry about not being accepted to renew their lease. City Council voted 10-1 that landlords must either offer lease renewal to […]
What Are Your Littoral and Riparian Rights
Are you new to owning property on a body of water? Do you know your rights to the water and land bordering the water? Before making any changes to your property, you should learn all you need to know about your riparian and littoral rights. Riparian Rights Riparian rights are given to property owners who border […]
Michigan Property Transfer Affidavit
If you are transferring real estate or certain types of personal property in the state of Michigan, you must file a Property Transfer Affidavit. The affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. If it is not […]
3 Ways a Franchise Lawyer Can Help
If you are looking to purchase a franchise, it may be beneficial to hire an attorney. Here are three ways an attorney can help you begin your franchise journey… 1. An attorney can look through the documents and agreements. Of course, you should look through all the given documents thoroughly, but there is nothing better […]
