Genesee Real Estate Lawyer, Michigan

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Craig Richard Fiederlein Lawyer

Craig Richard Fiederlein

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Real Estate, Estate, Employment Contracts, Business, Lawsuit & Dispute
This is a Full-Service Law Firm with 4 lawyers

Craig R. Fiederlein was born in New Rochelle, New York. He attended Mahopac High School, where he was a member of the Honors Society and excelled in v... (more)

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800-619-7250

Lori A. Tallman

Divorce & Family Law, Estate, Real Estate, Wills & Probate
Status:  In Good Standing           Licensed:  34 Years

George R. Hamo

Premises Liability, Litigation, Insurance, Medical Malpractice
Status:  In Good Standing           

Amy J Denise

Construction Liens, Estate, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing           

Mark N. Clement

Criminal, Foreclosure, Bankruptcy, Traffic
Status:  In Good Standing           

William C. Shedd

Construction, International Tax, Trusts, Contract
Status:  In Good Standing           Licensed:  57 Years

Stacy Davis

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

George R. Hamo

Premises Liability, Litigation, Insurance, Medical Malpractice
Status:  In Good Standing           

Theodore F. Leffler

Real Estate
Status:  In Good Standing           Licensed:  50 Years

Nikola Lucic

Real Estate, Art, Entertainment, Family Law
Status:  In Good Standing           Licensed:  9 Years

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LEGAL TERMS

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)
A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)
Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

COVENANT

A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are ... (more...)
A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are found in deeds or in documents that bind everyone who owns land in a particular development. See covenants, conditions and restrictions.

MARITAL DEDUCTION

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions a... (more...)
A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions as an exemption) allows anyone, even a billionaire, to pass his or her entire estate to a surviving spouse without any tax at all.

OFFENSIVE COLLATERAL ESTOPPEL

A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his la... (more...)
A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his land and the court rules that your fence extends beyond your property line, you can't later file your own lawsuit seeking a declaration that the property line is incorrectly drawn.

JOINT TENANCY

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the ... (more...)
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint tenants without the delay and costs of probate.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

QUANTUM MERUIT

The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)
A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.