Ashley Real Estate Other Lawyer, Michigan

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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

Brian J. Rush

Corporate, Business Organization, Business Successions, Commercial Leasing
Status:  In Good Standing           

William L. Logan

Commercial Real Estate, Public Utilities, Banking & Finance, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  34 Years

Marlaine C. Teahan

Commercial Real Estate, Trusts, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  28 Years

Andrew D. Richards

Commercial Real Estate, Agriculture, Trusts, Contract
Status:  In Good Standing           

Andrew Richards

Commercial Real Estate, Agriculture, Trusts, Contract
Status:  In Good Standing           

Bradley M. Lockwood

Commercial Real Estate, Trusts, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  43 Years

Nancy Jean White

Commercial Real Estate
Status:  In Good Standing           Licensed:  42 Years

Samantha Snow Shaffer

Administrative Law, International Tax, Commercial Real Estate, Tax
Status:  In Good Standing           Licensed:  17 Years

Librado Gayton

Commercial Real Estate, Litigation, Trusts, Elder Law
Status:  In Good Standing           Licensed:  47 Years

Sara Jean Reedy

Other, Commercial Real Estate, Real Estate, Gift Taxation
Status:  In Good Standing           Licensed:  10 Years

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800-943-8690

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LEGAL TERMS

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.

TENANT

Anyone, including a corporation, who rents real property, with or without a house or structure, from the owner (called the landlord). The tenant may also be cal... (more...)
Anyone, including a corporation, who rents real property, with or without a house or structure, from the owner (called the landlord). The tenant may also be called the 'lessee.'

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)
An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.

ANNUAL MEETING

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)
A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.

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.

FORFEITURE

The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the lan... (more...)
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Or, you may have to forfeit your driver's license if you commit too many moving violations or are convicted of driving under the influence of alcohol or drugs.

REAL ESTATE

Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called ... (more...)
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property.

MONTH-TO-MONTH TENANCY

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper am... (more...)
A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.