Yesterday the Department of Justice issued a press release that several business men had been indicted related to a multi-million dollar business opportunity scam. You can check out the press release here According to the press release, the businessmen: “made material misrepresentations about the profits customers would make from vending machines and the locations customers wouldContinue reading “Seven Indicted in Business Opportunity Fraud Scheme”
Tag Archives: real estate
Landlords, Investors, and Real Estate Contractors – Made the AG’s 2014 Top 10 Consumer Complaints.
Today the Michigan Attorney General’s office issued a press release – “Top Ten Consumer Complaints” – check it out here The State of Michigan Attorney General office’s consumer protection division provides consumers a forum to issue complaints against businesses that may have engaged in deceptive and unfair business practices against consumers. The AG’s office madeContinue reading “Landlords, Investors, and Real Estate Contractors – Made the AG’s 2014 Top 10 Consumer Complaints.”
Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.
A Michigan House Bill was proposed last week that would allow a landlord in a residential lease to include a waiver of a trial by jury. You can see the proposed bill here This proposed amendment would revise a portion of Michigan’s Truth in Renting Act, which only applies to residential landlord tenant rental agreements.Continue reading “Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.”
Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?
Happy Friday! The ABAJournal reported today that LegalZoom “has gotten a green light to operate in the United Kingdom as an alternative business structure.” You can read the entire article here The ABAJournal also has an interesting extensive article about the value of these alternative legal service providers see that article here I’ve previously commentedContinue reading “Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?”
Michigan Real Estate Law Update: Investors: If you Intend to Redeem, Better Record that Deed.
Happy New Year! A brief Michigan Legislative Update that affects real estate investors. HB 5795 was passed into law on December 29, 2014 and given immediate effect. The law amends the redemption from foreclosure statute. MCL 600.3140. See the legislative analysis of the House Bill here Purchasing Property at (and after) Foreclosure. Under the prior language, anyone “lawfullyContinue reading “Michigan Real Estate Law Update: Investors: If you Intend to Redeem, Better Record that Deed.”
Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize Crowdfunding?
Today’s Detroit Free Press had an article about Detroit’s blight removal campaign – see it here The article reports that through various avenues, including the Detroit Land Bank Authority: “Detroit now demolishes 200 eyesores a week,“ The article goes on to report all of the challenges ahead for Detroit, including a vast amount of blighted propertiesContinue reading “Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize Crowdfunding?”
Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking
Headline News today – Fraud and abuse in real estate and banking. Today a press release was issued from The Office of the Comptroller of the Currency (OCC) assessing $950 million in fines against three national banks for “unsafe or unsound practices related to their foreign exchange trading businesses.” You can see the press releaseContinue reading “Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking”
Real Estate Law News: Example for Wary Landlords and Property Owners
Here’s a profound truth those in the real estate industry will readily acknowledge: Owning and Managing Real Estate is challenging. I hear it from my Property Owner clients. I experience it when I am involved in negotiating in landlord/tenant disputes. Some of the pitfalls property owners have to watch out for are illustrated in a recentContinue reading “Real Estate Law News: Example for Wary Landlords and Property Owners”
Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales
Those who pick up properties at sheriff sales know there are pitfalls to watch out for. A recent Michigan Court of Appeals unpublished case highlights one of those pitfalls The case is WW Michigan Properties v Repokis, No. 316555, 2014 WL 4723822 (Mich Ct App September 23, 2014). Facts: Daryl and his ex-wife, Karen Repokis, ownedContinue reading “Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales”
Churches and Real Estate Law: Leaving a Denomination can be Expensive.
About a year ago I wrote a post about Messy Legal Issues Involving Church Property – you can see it here My article was really a comment on the unique manner in which Michigan law views real estate disputes when churches decide to leave a denomination. – in a nutshell, Michigan law looks at how the churchContinue reading “Churches and Real Estate Law: Leaving a Denomination can be Expensive.”
Purpose Driven General Counsel 