Southgate Real Estate Lawyer, Michigan, page 2

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Carl T. Colwell

Real Estate, Government
Status:  In Good Standing           Licensed:  50 Years

Caroline Florescu

Real Estate, Agriculture, Labor Law, Family Law
Status:  In Good Standing           Licensed:  62 Years

Creighton Douglas Gallup

Real Estate, Lawsuit & Dispute, Government, Criminal
Status:  In Good Standing           Licensed:  23 Years

Daniel Joseph Melican

Premises Liability, Workers' Compensation, Insurance, Personal Injury
Status:  In Good Standing           Licensed:  39 Years

David Brooks Mack

Real Estate Other, Divorce, Bankruptcy, Property Damage
Status:  In Good Standing           Licensed:  17 Years

Donald B. Mouchet

Real Estate
Status:  In Good Standing           Licensed:  57 Years

Elizabeth Eleanor Ellison

Estate Planning, Real Estate, Criminal
Status:  In Good Standing           Licensed:  7 Years

Filomena G. Lindros

Real Estate, Business
Status:  In Good Standing           Licensed:  39 Years

Francis E. Cafferty

Landlord-Tenant, Government, Employment, Child Custody
Status:  In Good Standing           Licensed:  49 Years

Frederick J. Frank

Real Estate, International, Entertainment, Business, Other
Status:  In Good Standing           Licensed:  44 Years

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LEGAL TERMS

ESTATE

Generally, all the property you own when you die.

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.

QUANTUM MERUIT

The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.

YELLOW-DOG CONTRACT

An employment contract in which the employer forbids the employee to join a labor union. Yellow-dog contracts are not legally enforceable.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

FAIR HOUSING ACT & FAIR HOUSING AMENDMENTS ACT

Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts... (more...)
Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts apply to all aspects of the landlord/tenant relationship, from refusing to rent to members of certain groups to providing different services during tenancy.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)
An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

PROPERTY

See personal property, real estate, community property, separate property.

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.

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