Nazareth Real Estate Lawyer, Michigan, page 3

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Harry Steven Ellman
Why Choose Harry
Harry Ellman Law
28470 W. 13 Mile Road Suite 325 Farmington Hills, MI 48334 » view map
Purchase Agreements, Leases, Mortgages, etc.
Trusted Real Estate Lawyer since 1971

I have over 40 yearsâ€™ experience in law and title issues. Clients should look for an attorney that sincerely cares about getting a positive result for them.

800-819-5650
1. Harry Ellman Farmington Hills, MI
  Attorney At Law - MI, 1971
  Wayne State University Law School
2. Why Choose Harry
  Since 2006 he has resolved many legal matters without the need to litigate.
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Catherine P. Kaufman

Real Estate, Municipal, Criminal, Business

Status: In Good Standing Licensed: 22 Years

CONTACT

458 W South St, Kalamazoo, MI 49007

Todd W. Simpson

Real Estate, Gift Taxation, Estate Planning, Estate

Status: In Good Standing Licensed: 22 Years

CONTACT

136 E Michigan Ave, Kalamazoo, MI 49007

James N. Rodbard

Real Estate, Estate, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

141 E Michigan Ave, Kalamazoo, MI 49007

Ronald Garrett Wiegerink

Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

941 W Milham Ave, Portage, MI 49024

Steven Glista

Real Estate, Advertising, Alcoholic Beverages, Land Use & Zoning

Status: In Good Standing Licensed: 15 Years

CONTACT

350 East Michigan Avenue, Kalamazoo, MI 49007

James E. Beck

Real Estate, Divorce, Criminal, Consumer Protection

Status: In Good Standing Licensed: 47 Years

CONTACT

350 E Michigan Ave, Kalamazoo, MI 49007

Cynthia P. Ortega

Real Estate, Corporate, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

100 W Michigan Ave, Kalamazoo, MI 49007

Thomas George King

Foreclosure, International Tax, Banking & Finance, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

One Moorsbridge, Kalamazoo, MI 49003

Reid C. Hudgins

Estate Planning, Business, Real Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

One Moorsbridge, Kalamazoo, MI 49003

Thomas G. King

Foreclosure, International Tax, Banking & Finance, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

One Moorsbridge, Kalamazoo, MI 49003

800-923-0641

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LEGAL TERMS

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

MECHANIC'S LIEN

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.

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.

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.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

INVITEE

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from d... (more...)

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from dangers on the property. In an example of the perversion of legalese, social guests that you invite into your home are called 'licensees.'

DEVISE

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

Nazareth Real Estate Lawyer, Michigan, page 3

Sponsored Law Firm

Harry Ellman Law

SPONSORED LAWYERS

Catherine P. Kaufman

Todd W. Simpson

James N. Rodbard

Ronald Garrett Wiegerink

Steven Glista

James E. Beck

Cynthia P. Ortega

Thomas George King

Reid C. Hudgins

Thomas G. King

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LEGAL TERMS

INCIDENTS OF OWNERSHIP

MECHANIC'S LIEN

COMMERCIAL FRUSTRATION

JOINT TENANCY

ADVERSE POSSESSION

INVITEE

DEVISE

LIQUID ASSETS

PRIVATE MORTGAGE INSURANCE (PMI)

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