Richland Real Estate Lawyer, Michigan, page 2

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James E. Beck

Real Estate, Divorce, Criminal, Consumer Protection
Status:  In Good Standing           Licensed:  47 Years

Steven Glista

Real Estate, Advertising, Alcoholic Beverages, Land Use & Zoning
Status:  In Good Standing           Licensed:  15 Years

Lucas Vincent Middleton

Other, Real Estate, Municipal, Business
Status:  In Good Standing           Licensed:  10 Years

James N. Rodbard

Real Estate, Estate, Business
Status:  In Good Standing           Licensed:  39 Years

Todd W. Simpson

Real Estate, Gift Taxation, Estate Planning, Estate
Status:  In Good Standing           Licensed:  22 Years

Cynthia P. Ortega

Real Estate, Corporate, Business
Status:  In Good Standing           Licensed:  43 Years

Shamra M. Vanwagoner

Real Estate, Estate Planning, Business
Status:  In Good Standing           Licensed:  34 Years

Joseph M. Ammar

Power of Attorney, Real Estate, Wills & Probate, Banking & Finance, Business
Status:  In Good Standing           Licensed:  36 Years

Leo P. Goddeyne

Real Estate, Corporate, Business
Status:  In Good Standing           Licensed:  47 Years

Reid C. Hudgins

Estate Planning, Business, Real Estate
Status:  In Good Standing           Licensed:  54 Years

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LEGAL TERMS

LIQUID ASSETS

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

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

DOMINANT TENEMENT

Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property ... (more...)
Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property is the dominant tenement.

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.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

QUASI-COMMUNITY PROPERTY

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.

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.