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Real Estate Law

Changes to Redemption Period Rights in Michigan Foreclosure Law

Posted on July 5, 2013
February 21, 2014 Update: Our office has been fielding a number of calls about the changes to the redemption rights in Michigan’s foreclosure laws described below, which became effective on January 10, 2014. Despite Governor Snyder’s letter to the legislature asking for follow up clarifying legislation, nothing has been changed as of late February. It ... CONTINUE READING

Michigan Land Contract vs. Lease with Option to Purchase: Which is better for the Seller?

Posted on June 24, 2013
Land contracts are a very popular way to transfer property, with 397 land contracts recorded in Muskegon County during 2012.  The most common use for a land contract is providing short term seller financing when a potential buyer is unable to obtain traditional bank financing. A land contract commonly provides for a down payment around ... CONTINUE READING

California Lease Drafting Requirement for Certified Access Specialists

Posted on June 18, 2013
The California legislature recently passed another lease language requirement for all commercial property in the State of California. Starting July 1, 2013, all commercial leases (no matter what size space being rented) must indicate in the lease whether or not the property has been inspected by a Certified Access Specialist (CASp). This requirement is related ... CONTINUE READING

Marketplace Fairness Act Internet Sales Tax Update

Posted on April 2, 2013
After years of brick and mortar retailers pushing to force the collection of sales tax by internet sellers, there seems to be quite a bit of movement lately to bring a national consensus to this issue. In late March, the United States Senate voted 75-24 to add the Marketplace Fairness Act of 2013 as an ... CONTINUE READING