» Real Estate

A few weeks ago, I used this forum to write about the importance of purchase agreements in every real estate transaction. This time I want to address title insurance. With each real estate deal, sellers need to make sure they own what they’re selli… Read More

Because it sets forth the terms of sale and the relative rights and obligations of the parties, the purchase agreement remains the single most important document in any real estate transaction – residential or commercial. While not all purchase agr… Read More

There’s an old proverb, “Let the buyer beware.” A recent opinion issued by the Michigan Court of Appeals (Galvan v Poon, Mich App No. 76047, August 19, 2021), however, has turned this time-honored legal principle a bit on its head. In Michigan,… Read More

How title to real estate is held between owners and the legal consequences of that ownership are common areas of misunderstanding that we work through with clients. There are situations where a property owner believes they know what form of ownership… Read More

A typical real estate transaction involves a seller, a buyer, and buyer’s lender. At closing, buyer’s lender advances the funds to pay seller in full, seller conveys ownership to buyer by deed, and buyer gives its lender a security interest in th… Read More

Last week, the Supreme Court ended the CDC’s eviction moratorium, and landlords may now evict residential tenants for nonpayment of rent. The moratorium was intended to protect tenants while state and local governments distributed $46.5 billion in… Read More

Some time ago, a client of mine signed an agreement to sell real estate that he co-owned with his wife. Unfortunately, he failed to consult with her beforehand. When she refused to go along with the sale, my client tried to get out of the deal by arg… Read More

Tenants who intend to operate a marijuana business must negotiate for substantial changes to the boilerplate provisions of the landlord’s form lease. There are several factors to consider when navigating a new lease: Most leases allow the landl… Read More