Environmental due diligence – the assessment of known and potential environmental liabilities and obligations associated with a piece of property – is an integral part … Continue Reading
Real Estate
Ensuring Your Property’s Taxable Value Is Capped
In Michigan, property taxes are calculated according to the taxable value of that real estate. This usually means that as the taxable value of the … Continue Reading
The Benefits and Pitfalls of Real Estate Land Contracts
A land contract can be an attractive alternative to a traditional real estate transaction. Unlike a conventionally financed purchase of property, third-party lenders are not … Continue Reading
Homeowners’ Associations and Restrictions Against Airbnb and Other Short-Term Rentals
With the explosion in Airbnb, VRBO, and other home-sharing services, many homeowners’ associations (HOAs) are considering covenants to ban short-term rentals. The question is whether … Continue Reading
Medical Marijuana Real Estate Transactions: Title Insurance and Closing Issues
The conflict between state and federal law brings uncertainty about potential liability for involvement in transactions related to the medical marijuana industry – including the … Continue Reading
Understanding Leasing Issues Involving Michigan Medical Marijuana Businesses
In 2008, medical marijuana was legalized in Michigan and the Michigan Medical Marihuana Act (“MMMA”) became law. Since that time, medical marijuana has become a … Continue Reading
Michigan Property Tax Exemption for Disabled Veterans
If you are a Michigan disabled veteran, first, thank you for your service. You should also be aware that if you own Michigan real estate … Continue Reading
Buyers Know Your Boundaries!
5 SURVEY TIPS FOR YOUR REAL ESTATE TRANSACTION I have represented too many clients recently who have been involved in a dispute or lawsuit involving … Continue Reading
The Lake Across the Street: Understanding Water Access Rights Along a Dedicated Roadway
According to the Michigan Historical Society there are more than 11,000 inland lakes scattered throughout our state, and a person is never more than six … Continue Reading
Estate Planning for the Agribusiness: Like-Kind Exchanges
Farmers have had to deal with a wide variety of economic issues over the last 40 years. In the early 1980s, the prime rate hit … Continue Reading