Sterling Heights Real Estate Lawyer, Michigan, page 3

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John D. Bartley

Real Estate, Corporate, Banking & Finance, Business
Status:  In Good Standing           Licensed:  28 Years

Douglas A. Tull

Real Estate, Estate Planning, Corporate, Business Organization
Status:  In Good Standing           Licensed:  47 Years

John A. Nitz

Other, Real Estate, Estate Planning, Estate
Status:  In Good Standing           

Fran-Marie Silveri

Real Estate, Estate Planning, Elder Law, Business
Status:  In Good Standing           Licensed:  13 Years

Clark A. Andrews

Real Estate, Estate Planning, Elder Law, Limited Liability Companies
Status:  In Good Standing           

John D. Bartley

Real Estate, Wills, Estate Planning, Business
Status:  In Good Standing           

Douglas A. Tull

Real Estate, Estate Planning, Elder Law, Business
Status:  In Good Standing           Licensed:  47 Years

Benjamin Hirsch

Real Estate, Estate, Business Organization, Business
Status:  In Good Standing           Licensed:  30 Years

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Nicholas Michael Kuusisto

Tax, Commercial Real Estate, Estate Planning, Business
Status:  In Good Standing           Licensed:  12 Years

Brian J. Bourbeau

Premises Liability, Motor Vehicle, Personal Injury, Medical Malpractice
Status:  In Good Standing           

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LEGAL TERMS

GOODS & CHATTELS

See personal property.

BOND

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)
(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.

USUFRUCT

The right to use property -- or income from property -- that is owned by another.

HEIR

One who receives property from someone who has died. While the traditional meaning includes only those who had a legal right to the deceased person's property, ... (more...)
One who receives property from someone who has died. While the traditional meaning includes only those who had a legal right to the deceased person's property, modern usage includes anyone who receives property from the estate of a deceased person.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

WORDS OF PROCREATION

Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person r... (more...)
Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person receiving the property.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

TORTIOUS INTERFERENCE

The causing of harm by disrupting something that belongs to someone else -- for example, interfering with a contractual relationship so that one party fails to ... (more...)
The causing of harm by disrupting something that belongs to someone else -- for example, interfering with a contractual relationship so that one party fails to deliver goods on time.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.