Elk Rapids Construction Lawyer, Michigan, page 5

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Includes: Construction Contracts, Construction Liens, Housing & Construction Defects

Steven K. Stawski

Professional Responsibility, Construction, Mediation, Business
Status:  In Good Standing           Licensed:  21 Years

Cortney Swanson Danbrook

Real Estate, Trusts, Estate Planning, Estate
Status:  In Good Standing           Licensed:  18 Years

James R. Williams

Real Estate, Estate Planning, Estate, Elder Law
Status:  In Good Standing           Licensed:  53 Years

Edward R. Kuhn

Real Estate, Estate Planning, Elder Law, Limited Liability Companies
Status:  In Good Standing           Licensed:  50 Years

Wendell H. Johnson

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

Christopher L. Campbell

Landlord-Tenant, Social Security, Family Law, Credit & Debt
Status:  In Good Standing           Licensed:  49 Years

Kate Elizabeth Flewelling

Real Estate, Health Care Other
Status:  In Good Standing           Licensed:  19 Years

Michael Scott Rogers

Real Estate, Agriculture, Admiralty & Maritime, Administrative Law
Status:  In Good Standing           Licensed:  19 Years

Robert S. Whims

Criminal, Family Law, Construction, Litigation
Status:  In Good Standing           

Cynthia A. Anderson

Real Estate, Gift Taxation, Estate Planning, Business
Status:  In Good Standing           Licensed:  36 Years

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

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800-943-8690

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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

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.

SEVERABILITY CLAUSE

A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the... (more...)
A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the court finding one part of the contract unenforceable would invalidate the entire document.

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.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)
Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

REFUGEE

In the context of U.S. immigration law, people who have been allowed to live in the United States indefinitely to protect them from persecution in their home co... (more...)
In the context of U.S. immigration law, people who have been allowed to live in the United States indefinitely to protect them from persecution in their home countries. Refugees get their status before coming to the U.S., while asylum seekers obtain their status after arrival. Refugees may eventually get green cards.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)
A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

SAMPLE LEGAL CASES

Greater Bethesda Healing Springs Ministry v. EVANGEL BUILDERS & CONSTRUCTION MANAGERS, LLC.

Plaintiff initiated this action in relation to a church Evangel was to build for plaintiff. Evangel hired defendants HMC Mechanical Corp (HMC) and its owner, Leslie Upfall, as subcontractors on the project, and HMC subsequently hired other subcontractors to perform some of the ...

IN RE COMPLAINT OF ROVAS AGAINST SBC

... Therefore, we reverse the Court of Appeals decision to uphold the agency's construction of the statute. ... II. THE PSC'S CONSTRUCTION OF MCL 484.2502(l)(a). The majority purports to review the PSC's construction of MCL 484.2502(1)(a) de novo. ...

City of Detroit v. Ambassador Bridge Co.

... 223 MICHAEL F. CAVANAGH, J. This case presents us with an invitation to second-guess the trial court's factual findings that construction projects on the Ambassador Bridge Plaza would alleviate traffic congestion and facilitate interstate and foreign commerce. ...