We are privileged to represent many clients who own residential rental properties; drafting leases, advising on issues involving potential and current tenants, lease enforcement and evictions are just some of the services we provide. Within the past…
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Last year, we told you about Michigan’s new law that exempts home and cottage transfers between certain family members from property tax uncapping. The Michigan legislature has now expanded the law to accommodate many typical transfers so that they…
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A client recently asked whether he must disclose to the buyer of his home the fact that the next-door neighbor is a registered sex offender. I was able to tell my client that Michigan does not require that he disclose his neighbor’s status. Rather,…
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Residential and commercial real estate matters are a big part of what we do here at Wright Beamer: purchase and sale transactions, leases, title issues, property disputes, and so on. While I have had the privilege of representing both buyers and sell…
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Since 1995, the amount by which Michigan real property taxes can increase each year has been capped at the lesser of five percent or the rate of inflation. This cap on property taxes comes off, however, whenever there is a “transfer of ownership.â€â€¦
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