Hudson Real Estate Lawyer, Michigan

Sponsored Law Firm


James W. Pfister

Real Estate, Family Law, Divorce & Family Law, Estate Planning
Status:  In Good Standing           Licensed:  43 Years

Paul Andrew Clewell

Real Estate, Lawsuit & Dispute, Industry Specialties, Estate
Status:  In Good Standing           

Nicholas John Vontroba

Real Estate, Agriculture, Estate, Family Law
Status:  In Good Standing           Licensed:  10 Years

Graham A. Teague

Landlord-Tenant, Real Estate, Dispute Resolution, Divorce
Status:  In Good Standing           Licensed:  47 Years

Mark A. Bruggeman

Real Estate, Estate, Business, Accident & Injury
Status:  In Good Standing           Licensed:  21 Years

Dan Robert Bruggeman

Real Estate, Estate, Civil & Human Rights
Status:  In Good Standing           Licensed:  61 Years

William A. Benz

Real Estate, Estate Planning, Elder Law, Property Damage
Status:  In Good Standing           

Karen L Tate

Real Estate, Government, Family Law, Civil Rights
Status:  In Good Standing           Licensed:  39 Years

Lewis I. Loren

Real Estate, Family Law
Status:  In Good Standing           Licensed:  59 Years

David Edmer Lacasse

Real Estate, Dispute Resolution, Child Custody, Reinsurance, Contract
Status:  In Good Standing           Licensed:  17 Years

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

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Call me for fastest results!
800-943-8690

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LEGAL TERMS

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

VARIANCE

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in acco... (more...)
An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in accordance with your city's setback requirement, you could apply at the appropriate office for a variance allowing you to build closer to a boundary line.

INHERITORS

Persons or organizations who receive property from someone who dies.

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

NONDISCLOSURE AGREEMENT

A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.

HOLD HARMLESS

In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the fir... (more...)
In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the first party. For example, many leases include a hold harmless clause in which the tenant agrees not to sue the landlord if the tenant is injured due to the landlord's failure to maintain the premises. In most states, these clauses are illegal in residential tenancies, but may be upheld in commercial settings.

SETBACK

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

APPRECIATION

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

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

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