I am purchasing a home on a land contract. Can the owners sell the house to someone else? I have not defaulted on any payments.
William's answer
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Answered on June 24, 2014
No, the estate can't sell to someone else without forfeiting the land contract and getting an order of possession, but I urge you to make sure you...
Four brothers are named on a deed to property. One brother dies. Do any of his family have a claim on this property?
William's answer
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Answered on June 15, 2014
I agree with the answers you've received, but would add only that if the title was conveyed to all of you as tenants in common, then each of the...
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If a property is jointly owned because the other party doesn't agree on a "buy out" price, can the buyee legally maintain it?
William's answer
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Answered on June 11, 2014
The others have given you very good advice. I would add that to further leverage your position, you might submit her an offer to purchase in...
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If the selling never received my emd, but accepted my offer, and I change my mind about the house can i face legal action or
William's answer
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Answered on June 03, 2014
You may have the right to terminate the purchase agreement and receive the return of the emd, depending on your contract. If so, there wouldn't be...
Seller wants to void a signed land contract in Wayne County, MI.
William's answer
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Answered on May 29, 2014
I would add that if you haven't already recorded a Memorandum of Land Contract with the Register of Deeds you should do that ASAP. Keep meticulous...
After foreclosure, can the 2nd lien holder come after me for a deficiency?
William's answer
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Answered on May 20, 2014
Their mortgage may have been extinguished by the foreclosure, but the debt on the note is not. They have the legal right to sue for...
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Can I sue a realtor for incorrect statements regarding the ability of the buyer to obtain a mortgage?
William's answer
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Answered on May 12, 2014
Does the purchase agreement have a mortgage contingency clause making the buyer's obligations subject to mortgage approval? If not, or if yes and...
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Is there anyway to get my name off of a mortgage I no longer own?
William's answer
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Answered on May 01, 2014
If you signed the note and mortgage, simply conveying your interest and removing your name from the title doesn't release you from the obligations...
I am a 50% owner in partnership LLC in Michigan how can I get out of this partnership or just transerfer my shares to the other
William's answer
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Answered on April 30, 2014
This can be a simple or complex issue, depending on the facts. The simple answer is that you can assign your interest to your other members, if...
What legal recourse do we have if served with a land contract forfeiture?
William's answer
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Answered on April 24, 2014
There is nothing preventing two parties from agreeing to renegotiate the land contract. However, the seller is obviously either not agreeable to...
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