What do we do if we were under the assumption that we had entered into a land contract but now our lender says we are renting?

Contracts for the same of real estate must be in writing. Unless you have some written proof of your right to purchase (emails, letters, notes,...

I want to record a land contract on a home I own in Benton Harbor MI

Hire a real estate attorney, who can prepare the cantract to include the terms that you and your daughter agree upon. I've changed the practice...

Am i legally supposed to get monthly statements in Michigan?

Unless there stated in the land contract there is no obligation for the vendor to send monthly statements. As has been noted, you should save your...

Inherited a home prior to death of parents. Sibling wants to be bought out of his half

Assuming that you and sibling have clear title to the home without any other encumbrances, you can talk to your bank about a mortgage for the...

Is it possible for me to represent myself in court with a land related flooding dispute?

Disputes regarding drainage rights and obligations do not lend themselves to self-representation. You should contact an attorney and plan to pay...

Can the seller come after me legally if I back out of purchasing a new home?

As Mr. Frederick indicates, real estate sales contract forms differ. Knowing the rights of the Seller, requires the study of the contract you...

When purchasing a house if it is not environmentally safe can you sue if the inspector said it was?

While there may be claims against the inspector, those claims may be severely limited by the terms of the inspection contract. Given the...

I recently purchased commercial real - estate for my art studio. Should I transfer warranty deed to quitclaim? Do I need an LLC?

Most of my commercial clients choose to own their real estate in an entity and most use limited liability companies (LLCs). If you form an entity,...

What are the statues of limitations for real estate disclosures in MI?

Your claims will be based not only upon the Disclosure Statements but also upon general concepts of contract fraud. It is essential that you...

Selected as the best answer

What you are asking about can be done very quickly and easily without an attorney. However, there are many considerations and potential pitfalls...