I have a land contract with a party is Saline, MI. The contract balloons on 3/29/13.
Typically if a land contract buyer stops paying, the land contract will provide the seller with the option to forfeit or foreclose. The land...
Ann Arbor, MI
Real estate Lawyer at Ann Arbor, MI
Practice Areas: Real Estate, Business
Typically if a land contract buyer stops paying, the land contract will provide the seller with the option to forfeit or foreclose. The land...
If you are looking for an attorney to draft a land contract, negotiate one on your behalf as either a buyer or seller, or deal with the...
This depends on how you sign the contract. If you want the LLC to be bound, you need to be sure the contract specifies that the LLC is the...
I am curious whether there is a seller's title insurance policy in place. If there is, the answer to your question may depend on whether there is...
I agree with the previous attorney's response. If you have fully performed under the land contract, then there is no basis for a forfeiture or...
You've got two courses of action, as I see it. One is to retain an attorney to draft a demand letter, threatening to bring a lawsuit if the...
Typically the operating agreement is a private document. It is not filed with the state as part of the organization of the company. It is...
This is a very broad question, so it is hard to answer. The big thing to keep in mind is that unlike with banks and traditional mortgage lending,...
I agree with Mr. Frederick, but would add that issues of land contract are almost exclusively set out in the terms of the document. Depending on...
You would think the answer to this question would be simple, but like many things in the law, there's gray area that depends on facts and...