Edenville Real Estate Lawyer, Michigan

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Harry Steven Ellman
Why Choose Harry
Harry Ellman Law
28470 W. 13 Mile Road Suite 325 Farmington Hills, MI 48334 » view map
Purchase Agreements, Leases, Mortgages, etc.
Trusted Real Estate Lawyer since 1971

I have over 40 yearsâ€™ experience in law and title issues. Clients should look for an attorney that sincerely cares about getting a positive result for them.

800-819-5650
1. Harry Ellman Farmington Hills, MI
  Attorney At Law - MI, 1971
  Wayne State University Law School
2. Why Choose Harry
  Since 2006 he has resolved many legal matters without the need to litigate.
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William A. Siebert

Criminal, Business, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

740 N Silverleaf St, Gladwin, MI 48624

Barry B. George

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 53 Years

CONTACT

2228 N Yasimin Ct, Midland, MI 48642

Ashley R. Garchow

Landlord-Tenant, Federal Appellate Practice, Contract, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

300 Rodd Street, Midland, MI 48640

Jessica L. Robison

Juvenile Law, Landlord-Tenant, Family Law, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

220 W Ellsworth St, Midland, MI 48640

Richard M. Handlon

Real Estate, Estate, Employee Rights, Family Law, Criminal

Status: In Good Standing Licensed: 55 Years

CONTACT

240 W Main St, Midland, MI 48640

W. Jay Brown

Construction, Contract, Credit & Debt, Defamation & Slander

Status: In Good Standing

CONTACT

414 Townsend St, Midland, MI 48640

Jeffrey N. Dyer

Real Estate, Litigation, Estate Planning, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

143 Mcdonald St, Midland, MI 48640

Jay W. Brown

Contract, Credit & Debt, Defamation & Slander, Construction

Status: In Good Standing Licensed: 26 Years

CONTACT

414 Townsend St, Midland, MI 48640

Douglas A Jacobson

Real Estate, Trusts, Criminal, Corporate

Status: In Good Standing Licensed: 47 Years

CONTACT

348 W Cedar Ave, Gladwin, MI 48624

Roy G. Mienk

Real Estate, Estate Planning, Estate, Criminal

Status: In Good Standing

CONTACT

401 W Cedar Ave, Gladwin, MI 48624

800-923-0641

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LEGAL TERMS

ILLUSORY PROMISE

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For ex... (more...)

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For example, if you get a new job and promise to work for three years, unless you resign sooner, you haven't made a valid contract and can resign or be fired at any time.

VARIANCE

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in acco... (more...)

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in accordance with your city's setback requirement, you could apply at the appropriate office for a variance allowing you to build closer to a boundary line.

UNCONSCIONABILITY

A seller's taking advantage of a buyer due to their unequal bargaining positions, perhaps because of the buyer's recent trauma, physical infirmity, ignorance, i... (more...)

A seller's taking advantage of a buyer due to their unequal bargaining positions, perhaps because of the buyer's recent trauma, physical infirmity, ignorance, inability to read or inability to understand the language. The unfairness must be so severe that it is shocking to the average person. It usually includes the absence of any meaningful choice on the part of the buyer and contract terms so one-sided that they unreasonably favor the seller. A contract will be terminated if the buyer can prove unconscionability.

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

Edenville Real Estate Lawyer, Michigan

Sponsored Law Firm

Harry Ellman Law

SPONSORED LAWYERS

William A. Siebert

Barry B. George

Ashley R. Garchow

Jessica L. Robison

Richard M. Handlon

W. Jay Brown

Jeffrey N. Dyer

Jay W. Brown

Douglas A Jacobson

Roy G. Mienk

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LEGAL TERMS

ILLUSORY PROMISE

VARIANCE

UNCONSCIONABILITY

BALLOON PAYMENT

PRIVATE MORTGAGE INSURANCE (PMI)

LIQUID ASSETS

RESTRAINT ON ALIENATION

NET LEASE

LIFE TENANT

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