Detroit Arsenal Real Estate Lawyer, Michigan

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Thomas M. Hensel

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy
Status:  In Good Standing           

FREE CONSULTATION 

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Lawrence Lucido

Real Estate, Estate, Bankruptcy & Debt
Status:  In Good Standing           

David A. Pietroski

Real Estate, Traffic, Criminal, Medical Malpractice
Status:  In Good Standing           Licensed:  35 Years

FREE CONSULTATION 

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Kevin M. Smith

Estate, Wills & Probate, Criminal, Traffic, Real Estate
Status:  In Good Standing           Licensed:  43 Years

Glenn A. Mccandliss

Criminal, Traffic, Housing & Construction Defects, Criminal
Status:  In Good Standing           

Josephine R. Sbrocca

Landlord-Tenant, Wrongful Termination, Divorce & Family Law, Collection, Environmental Law
Status:  In Good Standing           Licensed:  37 Years

Fadi F. Toma

Sales & Use Tax, Commercial Real Estate, Corporate, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  20 Years

William D. Johnson

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  28 Years

Christopher W. Jones

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  20 Years

Rosalyn J. Turner

General Practice
Status:  Inactive           Licensed:  42 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

ASYLUM

A legal status granted to an individual who is in the United States and fears political persecution if he or she is forced to return to their home country.

NULLA BONA

Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.

STATUTE OF LIMITATIONS

The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For... (more...)
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For example, many states require that a personal injury lawsuit be filed within one year from the date of injury -- or in some instances, from the date when it should reasonably have been discovered -- but some allow two years. Similarly, claims based on a written contract must be filed in court within four years from the date the contract was broken in some states and five years in others. Statute of limitations rules apply to cases filed in all courts, including federal court.

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

NUISANCE

Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, every... (more...)
Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, everything from a chemical plant's noxious odors to a neighbor's dog barking. The former would be a 'public nuisance,' one affecting many people, while the other would be a 'private nuisance,' limited to making your life difficult, unless the dog was bothering others. Lawsuits may be brought to abate (remove or reduce) a nuisance. See quiet enjoyment, attractive nuisance.

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.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

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.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.