Warren Real Estate Lawyer, Michigan, page 2

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Lawrence J. Nahas

Family Law, Estate Planning, Real Estate, Litigation
Status:  In Good Standing           

Andrew J. Paluda

Commercial Real Estate, Dental Malpractice, Employment, Estate Planning
Status:  In Good Standing           

Colleen E. Tower

Banking & Finance, Wills & Probate, Construction, Corporate
Status:  In Good Standing           

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Clark A. Andrews

Estate, Real Estate, Divorce
Status:  In Good Standing           

Deborah S. Walter

Corporate, Business Organization, Construction, Banking & Finance
Status:  In Good Standing           

Fadi F. Toma

Sales & Use Tax, Commercial Real Estate, Corporate, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  20 Years

Darryl J. Chimko

Real Estate, Bankruptcy, Business, Lawsuit & Dispute
Status:  In Good Standing           Licensed:  45 Years

Martin J. Brosnan

Landlord-Tenant, Trusts, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing           Licensed:  41 Years

Peter Leto

Real Estate
Status:  In Good Standing           Licensed:  52 Years

G. Timothy Moore

Real Estate, Corporate, Banking & Finance, Bankruptcy
Status:  In Good Standing           Licensed:  44 Years

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LEGAL TERMS

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.

CAUSE OF ACTION

A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is... (more...)
A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is divided into discrete elements, all of which must be proved to present a winning case.

USE TAX

A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy... (more...)
A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy your car in a state that has no sales tax, but you live across the border in a state that does have a sales tax. When you bring your car home and register it in your state, the state taxing authority will bill you for the sales tax it would have collected had you bought the car within the state.

MEMORANDUM

(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum-... (more...)
(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum--a document prepared by a junior associate in a law office or a judge's law clerk outlining the facts, procedural elements and legal arguments involved in a particular legal matter. These memos are reviewed by senior lawyers and judges who use them to decide how to proceed with the case. (2) Any written record, including a letter or note, that proves that a contract exists between two parties. This type of memo may be enough to validate an oral (spoken) contract that would otherwise be unenforceable because of the statute of frauds. (Under the statute of frauds, an oral contract is invalid if it can't be completed within one year from the date the contract is made.)

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

FRIENDLY SUIT

A lawsuit brought by two parties, not as adversaries, but as collaborators in order to resolve a legal question that affects them both. For example, two compani... (more...)
A lawsuit brought by two parties, not as adversaries, but as collaborators in order to resolve a legal question that affects them both. For example, two companies might bring a friendly suit to court in order to clarify a legal interpretation of a contract between them.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

USUFRUCT

The right to use property -- or income from property -- that is owned by another.