Palo Real Estate Lawyer, Michigan

Sponsored Law Firm


Walter J. Downes

Real Estate, Wills & Probate, Family Law, Criminal
Status:  In Good Standing           Licensed:  39 Years

Duane A. Carr

Real Estate, Estate, Criminal
Status:  In Good Standing           Licensed:  54 Years

Jeanne Rose Reed

Construction, Family Law, Criminal, Contract
Status:  In Good Standing           Licensed:  10 Years

John W. Raven

Real Estate, Family Law, Criminal, Business
Status:  In Good Standing           Licensed:  48 Years

Trent Charles Hilding

Real Estate, Agriculture, Estate Planning, Divorce & Family Law, Business
Status:  In Good Standing           Licensed:  19 Years

Edward L. Skinner

Real Estate, Agriculture, Family Law, Divorce & Family Law
Status:  In Good Standing           Licensed:  53 Years

Michael J. Molesky

Other, Real Estate, Estate Planning, Estate, Health Care Other
Status:  In Good Standing           Licensed:  38 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

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

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

APPRAISER

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

TESTAMENTARY DISPOSITION

Leaving property in a will.

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.

QUANTUM MERUIT

The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

MONTH-TO-MONTH TENANCY

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper am... (more...)
A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.

USUFRUCT

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

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.

APPRECIATION

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