Real Estate Law Update: A Holdover after Foreclosure Sale Is Not a Tenant.

Happy Friday!   Today I am posting about a Court of Appeals case decided on November 1st – Seymore v Adams Realty, et al Foreclosed Property = high risk/high reward. Real estate investors are always wary of the many pitfalls when purchasing property at foreclosure. The Adams Realty Case provides an example of what happens when someoneContinue reading “Real Estate Law Update: A Holdover after Foreclosure Sale Is Not a Tenant.”

Real Estate Case Law: Tenants in Common v Tenants with Full Rights of Survivorship – A Potentially Costly Distinction.

This morning I read a court of appeals decision that came out on October 18 – it provides a classic example of why you need to take care in drafting real estate documents.   The case: In Re Estate of Lyle Steiner Facts are relatively straight forward: In 2007, Tuscan Plaza Condominiums, LLC, conveyed aContinue reading “Real Estate Case Law: Tenants in Common v Tenants with Full Rights of Survivorship – A Potentially Costly Distinction.”

Trending Towards Social Entrepreneurship: Update on Michigan’s Benefit Corporation Legislation.

  House Bills 5710, 5711 & 5712 were introduced on May 31, that would allow BCorps to be formed under Michigan Law. Although the State House has taken no formal action since June 1, in late September the House Fiscal Agency issued a Fiscal Analysis on the BCorp bills, check it out here. The AnalysisContinue reading “Trending Towards Social Entrepreneurship: Update on Michigan’s Benefit Corporation Legislation.”

Encountering the homeless in Downtown Grand Rapids and Mel Trotter’s Season of Hope.

Occasionally when I am walking in downtown Grand Rapids I will run into a guy with dirty clothes, smelling bad, looking homeless. When this guy asks me for money, my gut reaction is to want to help. Honestly though, oftentimes I have no idea what is the right response. I will invariably pray for them,Continue reading “Encountering the homeless in Downtown Grand Rapids and Mel Trotter’s Season of Hope.”

Michigan Construction Law Update

Real estate transactions can be complex. Real estate lawsuits can be complex. Sometimes a statute or case does not speak directly on point to the exact circumstances of a legal dispute. This latest case is a good reminder of those points.   Today I read a construction law case issued on September 13. The caseContinue reading “Michigan Construction Law Update”

What’s going on in Grand Rapids Real Estate and Beyond.

Happy Friday! Some headlines to share – enjoy! I. What’s going on in Grand Rapids Real Estate News: In the wake of Propaganda Donuts Leaving Division public attention has been drawn to the tension between local businesses and the homeless population on Division Ave. I explored this topic in my blog post: Can business, local government, andContinue reading “What’s going on in Grand Rapids Real Estate and Beyond.”

Reflections on the Guy with the Jack Hammer…

This morning I was making my commute to work on the highway – traffic was backed up and at a stand still. Eventually, all cars started to roll along slowly (at this point, I was happy that at least traffic was moving). Fifteen minutes and a few miles later I slowly passed the root cause of theContinue reading “Reflections on the Guy with the Jack Hammer…”

About Propaganda Doughnuts’ Closing and West Michigan Business. Working to Build a Better Community.

A few days ago MLIVE posted about Propaganda Doughnuts’ closing on South Division in Downtown Grand Rapids. I was a fan of Propaganda Doughnuts. Occasionally on Sundays after church my family would pick up some doughnuts and go to a park with some friends. I am sorry that I won’t be able to do that any more.Continue reading “About Propaganda Doughnuts’ Closing and West Michigan Business. Working to Build a Better Community.”