I had a client recently come to me about a concern about her boundary line – she was concerned that her neighbor’s actions towards her property might mean that he now owns the property. She raised a good question – how easy is it go gain property by adverse possession? The answerContinue reading ““Squatters Rights” – How Easy Is It To Acquire Property By Adverse Possession?”
Monthly Archives: June 2013
Real Estate Transaction Mistakes: Consequences of Forgetting About “Dower” Interests
I was finalizing creating an easement agreement for a client of mine – a married couple. They reminded me of a recent case that I read this week, Zaher v Miotke, Docket NO. 307394 (March 28, 2013), concerning a married couple who forgot to include the spouse when he created an easement document. The case ofContinue reading “Real Estate Transaction Mistakes: Consequences of Forgetting About “Dower” Interests”
Shareholder Oppression? When Relationships In Closely Held Businesses Go Bad.
Yesterday I posted an encouraging statistic – that more business entities in Michigan have been formed in the last fiscal year than in years – since fiscal year 2005. That is encouraging news! It also reminded me that most of these new businesses are likely smaller closely held companies – typically either owned and operatedContinue reading “Shareholder Oppression? When Relationships In Closely Held Businesses Go Bad.”
Michigan 90-Day Foreclosure Moratorium – Set to Sunset June 30th? – Senate Says “Not so Fast”
I had indicated in a previous post that the 90 day moratorium on all foreclosures by advertisements in Michigan was set to expire on June 30th, 2013 – with no indication it would be extended. Well, the Michigan Senate HAS indicated it will be extended – to January, 2014 – in Senate BillContinue reading “Michigan 90-Day Foreclosure Moratorium – Set to Sunset June 30th? – Senate Says “Not so Fast””
Lesson From Real Estate Litigation: Disclose, Disclose, Disclose!
Currently I have a handful of real estate disputes that involve these common facts: 1. parties enter into a real estate transaction; 2. After the contract is executed; 3. the Buyer finds some condition in the Property that: a. was not, in buyer’s opinion, properly made known to them, and b. if it wouldContinue reading “Lesson From Real Estate Litigation: Disclose, Disclose, Disclose!”