West Bloomfield Landlord-Tenant Lawyer, Michigan, page 2

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Catherine Elizabeth Mills

Commercial Real Estate, Landlord-Tenant, Employee Rights, Bankruptcy
Status:  In Good Standing           Licensed:  17 Years

Joseph A. Doerr

Other, Landlord-Tenant, Litigation, Civil Rights
Status:  In Good Standing           Licensed:  21 Years

Kenneth A. Vannorwick

Landlord-Tenant, Estate Planning, Business, Credit & Debt
Status:  In Good Standing           Licensed:  24 Years

Leclair L. Flaherty

Landlord-Tenant, Trusts, Guardianships & Conservatorships, Contract
Status:  In Good Standing           Licensed:  32 Years

Duane L. Reynolds

Landlord-Tenant, Federal Appellate Practice, Trusts, Contract
Status:  In Good Standing           Licensed:  41 Years

Evan Macrae Alexander

Landlord-Tenant, Real Estate, Reinsurance, Collection
Status:  In Good Standing           Licensed:  10 Years

Todd Jennings Skowronski

Landlord-Tenant, Litigation, Family Medical Leave Act (FMLA), Trade Associations
Status:  In Good Standing           Licensed:  14 Years

Scott F. Smith

Landlord-Tenant, Class Action, Constitutional Law, Credit & Debt
Status:  In Good Standing           

Ryan Michael O'Neil

Landlord-Tenant, Traffic, Employee Rights, Family Law
Status:  In Good Standing           Licensed:  16 Years

Jacob Daniel High

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt
Status:  In Good Standing           Licensed:  12 Years

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LEGAL TERMS

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

EXCLUSIVE LICENSE

A valid contract in which a copyright owner authorizes another person or entity (called the licensee) to exclusively exercise one or more of the rights (or port... (more...)
A valid contract in which a copyright owner authorizes another person or entity (called the licensee) to exclusively exercise one or more of the rights (or portion of such rights) that belong to the copyright owner under the copyright. The licensee is said to 'own' the rights granted in the license and is referred to as a copyright owner.

NOVATION

The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original... (more...)
The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original parties.

LIQUID ASSETS

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

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).

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)
A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

REFORMATION

The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usual... (more...)
The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usually made by a court when both parties overlooked a mistake in the document, or when one party has deceived the other.

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

EXPRESS WARRANTY

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most expres... (more...)
A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most express warranties come directly from the manufacturer or are included in the sales contract. If you want to hold the seller to an oral guarantee, it's best to get it in writing or have witnesses to the guarantee so that it doesn't come down to your word against the seller's if a problem arises.

SAMPLE LEGAL CASES

Allison v. AEW CAPITAL MANAGEMENT, LLP

... MCL 554.139 does not define the term "common areas." However, Black's Law Dictionary (6th ed), p 275, defines "common area" as: "[i]n law of landlord-tenant, the portion of demised premises used in common by tenants over which landlord retains control (eg hallways, stairs ...

In re Smith Trust

... Paragraph 15 of the lease contained the following right of first refusal: Landlord hereby grants to Tenant the option to purchase the leased premises upon the following terms: ... Landlord hereby grants to Tenant the option to purchase the leased premises upon the following terms: ...

Dawe v. DR. REUVEN BAR-LEVAV & ASSOCIATES

... [3] This Court has determined that a "special relationship" exists in a variety of situations. For example, this Court has classified the common carrier-passenger, innkeeper-guest, landlord-tenant, employer-employee, and doctor-patient relationships as special relationships. ...