Blog Posts in Real Estate

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Joint Ownership can be very Dangerous February 9, 2023
We often have clients ask about whether or not it is a good idea to hold real estate with their children. People sometimes believe that placing their children’s names on their homes or other real ...
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How is a Lady Bird Deed Used in an Estate Plan? January 25, 2023
A Lady Bird Deed, also known as an Enhanced Life Estate Deed, is a type of deed used in Michigan (and some other states) to transfer real property to one or more recipients while retaining certain ...
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What is Due Diligence? January 15, 2021
New clients often come to us during the early stages of either a business or real estate sales transaction. Many of these clients presume that we will simply document the transaction with a purchase ...
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Ice and Snow Should Concern Property Owners February 20, 2015
Ice and snow on publicly accessed property should be of concern to property owners. A decision in 2014 by the Michigan Court of Appeals brought clarification to what has been known as the open and ...
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Jointly Held Property: Good or Bad Idea? June 15, 2013
A frequent question that comes to us as lawyers is whether or not it is a good idea to maintain jointly held property. The context of these issues often relate to situations where parents want to put ...
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Land Contracts Explained for Buyers and Sellers July 9, 2012
Land contracts have seen a resurgence in Michigan. In recent years the ability for buyers to obtain financing has become a serious problem for those wanting to sell their real estate holdings and ...
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