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Sterling Heights Real Estate Other Lawyer, Michigan, page 5

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Harry Steven Ellman
Why Choose Harry
Harry Ellman Law
28470 W. 13 Mile Road Suite 325 Farmington Hills, MI 48334 » view map
Purchase Agreements, Leases, Mortgages, etc.
Trusted Real Estate Lawyer since 1971

I have over 40 yearsâ€™ experience in law and title issues. Clients should look for an attorney that sincerely cares about getting a positive result for them.

800-819-5650
1. Harry Ellman Farmington Hills, MI
  Attorney At Law - MI, 1971
  Wayne State University Law School
2. Why Choose Harry
  Since 2006 he has resolved many legal matters without the need to litigate.
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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

Steven R. Pohl

Commercial Real Estate, Real Estate, Corporate, Business

Status: In Good Standing Licensed: 26 Years

201 W Big Beaver Rd, Troy, MI 48084

David W. Hipp

Commercial Real Estate, Real Estate, Estate

Status: In Good Standing Licensed: 47 Years

201 W Big Beaver Rd, Troy, MI 48084

Glen M. Zatz

Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 40 Years

201 W Big Beaver Rd, Troy, MI 48084

Geoffrey S. Gallinger

Commercial Real Estate, Real Estate, Corporate, Business

Status: In Good Standing Licensed: 37 Years

201 W Big Beaver Rd, Troy, MI 48084

Roxana Gale Zaha

Commercial Real Estate, Real Estate, Immigration

Status: In Good Standing Licensed: 15 Years

201 W Big Beaver Rd, Troy, MI 48084

Thomas A. Kabel

Commercial Real Estate, Real Estate, Mass Torts, Litigation

Status: In Good Standing Licensed: 25 Years

201 W Big Beaver Rd, Troy, MI 48084

Joseph Paul Michniacki

Commercial Real Estate, Merger & Acquisition, Corporate, Business

Status: In Good Standing Licensed: 11 Years

201 W Big Beaver Rd, Troy, MI 48084

Michael Stokes

Administrative Law, Litigation, Religious Discrimination, Commercial Real Estate

Status: In Good Standing Licensed: 30 Years

201 W Big Beaver Rd, Troy, MI 48084

Patrick A. Facca

Commercial Real Estate, Construction, Mediation, Dispute Resolution

Status: In Good Standing Licensed: 40 Years

6050 Livernois Rd, Troy, MI 48098

Paul G. Wakefield

Commercial Real Estate, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 30 Years

1950 Livernois Rd, Troy, MI 48083

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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.

LEGAL TERMS

INVITEE

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from d... (more...)

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from dangers on the property. In an example of the perversion of legalese, social guests that you invite into your home are called 'licensees.'

MECHANIC'S LIEN

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.

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).

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.

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.'

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

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.

SECURITY DEPOSIT

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or le... (more...)

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

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