Wayne County, MI Real Estate Lawyers

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Darryl W. Eason Lawyer

Darryl W. Eason

VERIFIED
Accident & Injury, Real Estate, Tax, Business, Medical Malpractice

Solution-focused Attorney and Accountant with a comprehensive background in Tax, Real Estate, Negligence, General Civil, Criminal and Strategic Planni... (more)

FREE CONSULTATION 

CONTACT

313-561-8600

Matthew  Clark Lawyer

Matthew Clark

VERIFIED
Employment, Real Estate, Sexual Harassment, Labor Law, Lawsuit & Dispute

Matt joined the firm in 2014 and became a shareholder in 2019. He represents individual workers and labor unions in all matters concerning workers’ ... (more)

FREE CONSULTATION 

CONTACT

800-837-3140

Andrea E. Montbriand

Corporate, Energy, Environmental Law, Land Use & Zoning
Status:  In Good Standing           

Brian J. Kott

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

Daniel C. Symonds

Business Organization, Construction, Employment, Estate Planning
Status:  In Good Standing           

Darice E. Weber

Products Liability, Corporate, Employment, Real Estate
Status:  In Good Standing           

Donald E. Barris

Family Law, Estate Planning, Land Use & Zoning, Real Estate
Status:  In Good Standing           

F. Peter Blake

Premises Liability, Employment, Products Liability, Personal Injury
Status:  In Good Standing           

Gary A. Kravitz

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

Intesar A. Elder

Real Estate, Banking & Finance, Business
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

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.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

INTANGIBLE PROPERTY

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

SUBLEASE

A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The subl... (more...)
A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The sublessee pays rent directly to the tenant. The tenant is still completely responsible to the landlord for the rent and for any damage, including that caused by the sublessee. Most landlords prohibit subleases unless they have given prior written consent. Compare assignment.

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.