News & Events
A wife’s dower interest in her husband’s real property has been recognized in Michigan since the time of its statehood in 1857. On December 27, 2016 the Michigan legislature presented a package of bills to Governor Synder eliminating dower in Michigan except for a widow whose husband died before the bills’ effective date.
Despite what many people think, claims on real estate properties are not always clear. There may be several people who have interest in owning a piece of land outright and there are cases where people seek to have partial ownership of that land. For those seeking to clarify their ownership of a real estate, a quiet title action may be the wisest decision.
Many homeowners may not think adverse possession laws are relevant to them. After all, “squatters’ rights” conjures up images of trespassers and homesteaders.
In practice, adverse possession laws are more likely to be invoked to settle relatively minor disputes over where property lines are drawn. Many of these disputes stem from misunderstanding rather than ill will.
There’s a difference between having a neighbor you don’t really get along with and having a neighbor who may be actively breaking the law. Landowners do have a lot of rights on their own property, but that doesn’t mean they can do anything they want, especially if it impacts your life dramatically.
Washington DC Rose Marie Brook speaking on Overview of Latest State-Level Servicing Legislation and Activity Conflicting & Colliding Federal & State Regulatory Requirements
Whether you are buying or selling a home, you should know certain things about real estate disclosures. They can come in different forms, but they are basically an opportunity for the buyer to learn as much as possible about the seller’s experience in the property.
A recent court case out of Washington state may not have much effect on Michigan cases at the moment, but it could eventually lead to a Congressional fix for the Fair Credit and Reporting Act.
Thinking of buying some property and assuming you’ll have 100 percent control over it once you own it? Thanks to easements, this is not always the case.
If you’re looking to create a new company, one of the first things you have to decide is what type of business you want to form. The type of business you start heavily impacts how you manage it, and it also becomes a deciding factor in how you can finance your business. One type of business you might consider is a limited liability company.