Rothbury Real Estate Lawyer, Michigan, page 2

Sponsored Law Firm


William J. Meier

Real Estate, Agriculture, Industry Specialties, Business
Status:  In Good Standing           Licensed:  30 Years

Michael A. Brower

Commercial Real Estate, Licensing, Administrative Law, Business
Status:  In Good Standing           Licensed:  13 Years

Thomas H. Andrews

Real Estate, Social Security, Estate Planning, Business
Status:  In Good Standing           

Eugene A. Franks

Real Estate, International, Gift Taxation, Business
Status:  In Good Standing           

David T. Bowen

Real Estate, Health Care, Estate, Elder Law, Business
Status:  In Good Standing           

Michael I. Kleaveland

Real Estate, Estate Planning, Estate, Elder Law
Status:  In Good Standing           Licensed:  39 Years

Brianna T. Scott

Real Estate, Family Law, Criminal, Corporate
Status:  In Good Standing           Licensed:  24 Years

Philip M. Stoffan

Commercial Real Estate, Health Care Other, Estate Planning, Business
Status:  In Good Standing           Licensed:  30 Years

Elise Marie Elzinga

Military, Landlord-Tenant, Family Law, Elder Law
Status:  In Good Standing           Licensed:  11 Years

Frederick W Bleakley

Real Estate, Traffic, Employment, Criminal
Status:  In Good Standing           Licensed:  38 Years

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LEGAL TERMS

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)
The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

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.

HOMEOWNERS' ASSOCIATION

An organization comprising neighbors concerned with managing the common areas of a subdivision or condominium complex. These associations take on issues such as... (more...)
An organization comprising neighbors concerned with managing the common areas of a subdivision or condominium complex. These associations take on issues such as salting and sanding a subdivision when it snows and collecting dues from residents. The homeowners' association is also responsible for enforcing any covenants, conditions & restrictions that apply to the property.

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

LANDLORD

The owner of any real estate, such as a house, apartment building or land, that is leased or rented to another person, called the tenant.

QUANTUM MERUIT

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

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.

EXECUTRIX

An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or femal... (more...)
An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or female, this person is called either the executor or the personal representative.

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.