Landlords and Real Estate Investors: Legal Update under #COVID19

The world is changing faster than we can track. So much has changed since my last update on March 13. I was in court that day for a commercial landlord. I would not have known that a few weeks later I would be working remotely due to Executive Order 2020-21 – placing law firms underContinue reading “Landlords and Real Estate Investors: Legal Update under #COVID19”

Michigan Legal Update for Real Estate Investors: What Happens to a Surplus after Foreclosure Sale?

Summer is going fast. I read a  Court of Appeals decision that prompted me to write on the topic concerning real estate investors. The market to purchase distressed real estate has become extremely competitive since 2008-09. Having multiple real estate investors bidding on properties can cause some serious problems.  Some lenders/investors have tried some creativeContinue reading “Michigan Legal Update for Real Estate Investors: What Happens to a Surplus after Foreclosure Sale?”

Michigan Business Law Update on Bill that would allow LLCs to evict tenants without Attorneys. Despite Opposition, Bill Moves Forward.

Happy Friday! It is summer – my favorite time of year. There really is no better place to be during summer than Michigan. I hope you are all enjoying it. For those keeping track of House Bill 4509  proposed on April 25, 2019 that would allow some LLCs to evict tenants in limited circumstances withoutContinue reading “Michigan Business Law Update on Bill that would allow LLCs to evict tenants without Attorneys. Despite Opposition, Bill Moves Forward.”

Real Estate Law Update for Investors and Landlords when Holding Security Deposits.

Happy Friday, all! Last weekend I was in Chicago for the Big Ten Tournament and got to see the river turned green. It was an amazing sight – particularly if you are a Spartan fan like me. I was reviewing a recently published Court of Appeals decision that affects any real estate investor, property managerContinue reading “Real Estate Law Update for Investors and Landlords when Holding Security Deposits.”

Rent Control is now a Law in Oregon – But is it a Proper Response to an Affordable Housing Crisis?

Good afternoon, all. This week I am back in the office after taking some time to recover from a cornea transplant. My eyes are still pretty sensitive to the light, but it was great to see the sun rise over Grand Rapids this morning. Rent Control as a way of Combating Affordable Housing Crisis? TodayContinue reading “Rent Control is now a Law in Oregon – But is it a Proper Response to an Affordable Housing Crisis?”

Real Estate Investors Bidding at Foreclosure Sale: What Happens to a “Surplus?”

It is a snowy day today in Grand Rapids. If you are on the roads, drive safe!   Last week I read a  Court of Appeals decision that prompted me to write on the topic concerning real estate investors.   The market to purchase distressed real estate has become extremely competitive since 2008-09. Having multipleContinue reading “Real Estate Investors Bidding at Foreclosure Sale: What Happens to a “Surplus?””

Michigan Business Law Update: Bill Stuck in Committee that would Allowing Single Member LLCs To Evict Tenants without Legal Representation

Once again, we are reaching the end of the year. One of the signs that the year is ending: Rosa Parks Circle becomes an ice rink. See the photo I took from a few days ago. Another sign that the year is ending, interest groups are pushing to get legislation pushed through the legislature beforeContinue reading “Michigan Business Law Update: Bill Stuck in Committee that would Allowing Single Member LLCs To Evict Tenants without Legal Representation”

Grand Rapids Combats the Affordable Housing Crisis through the Rental Assistance Center

Today was my first day back mentoring my student at a local elementary school in the City of Grand Rapids. I was excited to catch up with my student, what had changed over the summer? One thing that changed, he had moved once again. Having to be concerned about where you will be sleeping at night,Continue reading “Grand Rapids Combats the Affordable Housing Crisis through the Rental Assistance Center”

Legal Update for Real Estate Investors Bidding at Foreclosure Sales.

Happy Friday, all. Here’s a photo I took from this morning. Although the weather looks to be clearing up a little downtown this afternoon…   Real Estate Investors Bidding at Foreclosure Sale. Real estate investors and lenders are under pressure to “get it right” when bidding at sheriff sales, especially in a real estate marketContinue reading “Legal Update for Real Estate Investors Bidding at Foreclosure Sales.”

Business Law Update: A Booming Downtown Real Estate Market Means Businesses Should Pay Careful attention to Contracts.

Happy Tuesday, all. I took this photo yesterday from the skywalk between the Amway Grand Plaza and the DeVos Place Convention Center. I like walking downtown and watching the development unfold. It is an exciting time to be working or living in downtown Grand Rapids. Everywhere you look, real estate development is transforming the town. CheckContinue reading “Business Law Update: A Booming Downtown Real Estate Market Means Businesses Should Pay Careful attention to Contracts.”