Redford Real Estate Lawyer, Michigan

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Clifford  Paskel Lawyer
Clifford Paskel
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Clifford Paskel

Clifford Paskel is a Top Attorney Award winner at Attorney.com. Only 5% have the elite qualifications. Click the badge for more info.
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Real Estate, Traffic, Divorce & Family Law, Accident & Injury

Mr. Paskel is a founder of Paskel, Tashman & Walker, P.C., and he has practiced law for over 50 years. His many honors include recognition from the Wa... (more)

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CONTACT

800-853-6741

Adam Patrick Lumberg

Real Estate, International, Estate
Status:  In Good Standing           

Jennifer R. Moran

Other, Real Estate, Intellectual Property, Government
Status:  In Good Standing           

Seth Philip Tompkins

Real Estate, Lawsuit & Dispute, Entertainment, Visa
Status:  In Good Standing           

Terrance A. Hiller

Bankruptcy, Corporate, Commercial Real Estate
Status:  In Good Standing           

Thomas J. McGraw

Collective Bargaining, Labor Arbitration, Labor Law, Land Use & Zoning
Status:  In Good Standing           

Adam Clark Zwicker

Real Estate, Admiralty & Maritime, Personal Injury, Accident & Injury
Status:  Inactive           Licensed:  15 Years

Alan J. Schwartz

Real Estate, Estate
Status:  In Good Standing           

Alicia J. Skillman

Landlord-Tenant, Litigation, Copyright, Estate Planning
Status:  In Good Standing           Licensed:  24 Years

Allen W. Venable

Real Estate, Estate, Workers' Compensation, Business, Personal Injury
Status:  In Good Standing           Licensed:  21 Years

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LEGAL TERMS

DONATION

A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by... (more...)
A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by the IRS.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)
A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

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.

LIFE TENANT

One who has a life estate in real property.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)
A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)
Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

INTANGIBLE PROPERTY

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.

HOMEOWNERS' ASSOCIATION

An organization comprising neighbors concerned with managing the common areas of a subdivision or condominium complex. These associations take on issues such as... (more...)
An organization comprising neighbors concerned with managing the common areas of a subdivision or condominium complex. These associations take on issues such as salting and sanding a subdivision when it snows and collecting dues from residents. The homeowners' association is also responsible for enforcing any covenants, conditions & restrictions that apply to the property.