Flint Real Estate Lawyer, Michigan, page 2

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Dawn Marie Weier

Conveyancing, DUI-DWI, Contract, Credit & Debt
Status:  In Good Standing           Licensed:  23 Years

Sander H. Simen

Tax, Real Estate, Estate, Business
Status:  In Good Standing           

Mark Ernest Ross

Commercial Leasing, Construction Contracts, Business Organization, Collection
Status:  In Good Standing           Licensed:  26 Years

Brandon Scott Fraim

Real Estate, Merger & Acquisition, Insurance, Contract
Status:  In Good Standing           Licensed:  12 Years

Scott R. Fraim

Real Estate, Gift Taxation, Estate Planning, Business
Status:  In Good Standing           Licensed:  41 Years

Patric A. Parker

Land Use & Zoning, Municipal, Estate Planning, Contract
Status:  In Good Standing           

Edward H. Powers

Construction, Mediation, Contract, Credit & Debt
Status:  In Good Standing           Licensed:  57 Years

Peter T. Mooney

Real Estate, Litigation, Estate, Business, Bankruptcy & Debt
Status:  In Good Standing           

Michael A. Winterfield

Landlord-Tenant, Family Medical Leave Act (FMLA), Contract, Credit & Debt
Status:  In Good Standing           Licensed:  34 Years

Nikola Lucic

Real Estate, Art, Entertainment, Family Law
Status:  In Good Standing           Licensed:  9 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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LEGAL TERMS

UNIFORM TRANSFERS TO MINORS ACT

A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is o... (more...)
A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is old enough to receive it. See custodian.

TESTAMENTARY DISPOSITION

Leaving property in a will.

BREACH OF CONTRACT

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our con... (more...)
A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our contract by using substandard supplies when he repaired my roof.'

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

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.

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

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.

SETBACK

The distance between a property boundary and a building. A minimum setback is usually required by law.