Happy Friday, all! I took this photo today – the sun is shining and it is starting to feel like spring. In what was already a shocking day for a major lender, Wells Fargo, the Michigan Court of Appeals, in a case of binding precedent, invalidated an efficient tool lenders and investors routinelyContinue reading “Real Estate Law Update for Investors and Lenders: Court of Appeals Holds “Admittedly Curious Practice” “Expungement Affidavit” is Not Permitted under Statute.”
Tag Archives: real estate law
Real Estate Investors: Update on Bill Allowing Single Member LLCs To Evict Tenants without Legal Representation
A common scenario in my legal practice: Investor purchases property in an LLC. Investor locates a tenant. Tenant falls behind in rent. Investor hires attorney to evict Tenant. Why hold real estate in an LLC? Most of my investor clients own investment real estate in a Limited Liability Company. This is for liability protection. OnceContinue reading “Real Estate Investors: Update on Bill Allowing Single Member LLCs To Evict Tenants without Legal Representation”
Real Estate Law Update: Recently Enacted Michigan Legislation Abolishes Dower Right.
A few days ago Governor Snyder signed into law 21 Bills, including Senate Bills 588 and 560 that abolish a surviving wife’s dower right. The measures are now Public Acts 489 and 490 of 2016. This is good news since dower right is a relic of the past, sometimes referred to as an “inchoateContinue reading “Real Estate Law Update: Recently Enacted Michigan Legislation Abolishes Dower Right.”
A Lawyer’s Year-End Reflections.
It is the end of 2016. I am having “big picture” thoughts as the year ends. I have a pretty nice “big picture” view out of my office window. Out of my office window from the 12th floor of 99 Monroe overlooks many ice skaters at Rosa Parks’ Circle in downtown Grand Rapids. It isContinue reading “A Lawyer’s Year-End Reflections.”
Real Estate Investors: A Discussion on Laches
If you aren’t into real estate investment in Grand Rapids – maybe you should be. According to an MLIVE article posted last week, Grand Rapids has one of the hottest real estate markets in the country. As reported by MLIVE: “For landlords and real estate investors, Grand Rapids is the second best rental market in the Midwest andContinue reading “Real Estate Investors: A Discussion on Laches”
Grand Rapids Church Lawsuit and Messy Church Property Law
Happy Friday! I’ve previously posted articles about the messy nature of Church Property Law – who owns the church property in disputes? You can review a previous article for some of the legal considerations under Michigan law here Different jurisdictions come out with different rules. Michigan does things a little differently than most of theContinue reading “Grand Rapids Church Lawsuit and Messy Church Property Law”