Selling a home is a significant milestone, and while many homeowners consider the For Sale By Owner (FSBO) route to save on real estate commissions, it’s essential to understand the complexities involved in the process. In Michigan, the legal landscape surrounding real estate transactions has unique features that make the involvement of a real estate… Read more »
Harry Ellman describes “What NOT to do with Joint Tenants with Full Rights and Survivorship“
The recent Michigan Supreme Court ruled that the 2 year statute of limitations in the amended General Property Tax law is suspended to allow foreclosed taxpayers to file their claim with their county for the surplus paid to the county treasurer general fund. This applies to foreclosures that occurred before July of 2020. I have… Read more »
In Michigan, there are three options for Property ownership for unmarried and married couples: 1. Joint Tenants with Rights of Survivorship (JTWROS), 2. Joint Tenancy (JT), and 3. Tenants by Entireties (TBE)(married couples only). All three arrangements offer unique advantages and disadvantages, making it crucial for couples to understand the implications of their choice. In… Read more »
Trees should add beauty, shade, and perhaps even fresh fruit to your property. But far too often trees end up causing disputes between neighbors, especially when they grow to be fairly large and encroach on another property. If you’re a resident of the state of Michigan and neighbor has a tree that’s bothering you,… Read more »
Picture this situation: you’ve finally powered through a chaotic real estate market to purchase your first home. You move in only to find a serious issue with the home that you weren’t informed of and will require a major financial commitment to fix. For example, a leaking roof must be replaced or leaking basement walls… Read more »