Commercial Leases: Courts will apply the plain language of the contract in enforcing its terms.

Check out this article from attorney Lawrence Shoffner commenting on a July 10, 2012 Michigan Court of Appeals Decision:  Majestic Golf, LLC, v. Lake Walden Country Club, Inc., (Mich App No 300140, July 10, 2012). This underscores the fact that the law treats commercial landlord/tenant issues somewhat differently than residential tenancies. In the residential context,Continue reading “Commercial Leases: Courts will apply the plain language of the contract in enforcing its terms.”

“The Power of Words” – Indemnification Clauses in Construction Contracts

I recently contributed a guest blog post for Coastline Building, a Custom Designer/Builder of Energy Efficient Homes in Southwest Michigan.   The article analyzes a recent case from the Michigan Court of Appeals that provides a great example of why the language of a Construction Contract is important for liability purposes. I would recommend anyone in the constructionContinue reading ““The Power of Words” – Indemnification Clauses in Construction Contracts”

Does Your Mortgage Advertisement Violate Federal Law?

Today the Federal Trade Commission came out with a press release indicating that certain real estate agents, home builders and other real estate professionals may be violating federal law with their advertisement. The FTC protects consumers from unfair or deceptive business practices. As indicated in a form letter sent out to several companies, “The FTCContinue reading “Does Your Mortgage Advertisement Violate Federal Law?”

Proposed Michigan Legislation Would Crackdown on Mortgage Fraud with House Bill 5969

HB 5969 was introduced on October 17, 2012 by Rep. Brown and referred to the Committee on Judiciary. It would create criminal and civil penalties for anyone who knows or has reason to know that a forged mortgage document is recorded on Property.  See details about the Proposed HB 5969 here: http://www.legislature.mi.gov/(S(aso5z0rpfjra1155ck222yuh))/mileg.aspx?page=GetObject&objectname=2012-HB-5969 The penalized actions allContinue reading “Proposed Michigan Legislation Would Crackdown on Mortgage Fraud with House Bill 5969”