Scotts Real Estate Lawyer, Michigan, page 3

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Adam J. Slate

Real Estate, Social Security, Family Law, Criminal, Elder Law
Status:  In Good Standing           Licensed:  9 Years

Bruce R. Grubb

Real Estate, Litigation, Banking & Finance, Business
Status:  In Good Standing           Licensed:  47 Years

Gordon C. Miller

Real Estate, Estate Planning, Employee Rights, Business
Status:  In Good Standing           

Robert A. Davidoff

Landlord-Tenant, Traffic, Class Action, Bankruptcy
Status:  In Good Standing           Licensed:  48 Years

Matthew B. Van Dyk

Commercial Real Estate, Construction, Real Estate, Business
Status:  In Good Standing           Licensed:  20 Years

Michele C. Marquardt

Real Estate, Estate Planning, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing           

James E. Beck

Real Estate, Divorce, Criminal, Consumer Protection
Status:  In Good Standing           Licensed:  47 Years

Steven Glista

Real Estate, Advertising, Alcoholic Beverages, Land Use & Zoning
Status:  In Good Standing           Licensed:  15 Years

Todd W. Simpson

Real Estate, Gift Taxation, Estate Planning, Estate
Status:  In Good Standing           Licensed:  22 Years

James N. Rodbard

Real Estate, Estate, Business
Status:  In Good Standing           Licensed:  39 Years

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LEGAL TERMS

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.

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)
A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)
A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

DEVISE

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.

ESCHEAT

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

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.

APPRECIATION

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

IMPLIED WARRANTY OF HABITABILITY

A legal doctrine that requires landlords to offer and maintain livable premises for their tenants. If a landlord fails to provide habitable housing, tenants in ... (more...)
A legal doctrine that requires landlords to offer and maintain livable premises for their tenants. If a landlord fails to provide habitable housing, tenants in most states may legally withhold rent or take other measures, including hiring someone to fix the problem or moving out. See constructive eviction.

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