Wayne County, MI Real Estate Lawyers

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Darryl W. Eason Lawyer

Darryl W. Eason

VERIFIED
Accident & Injury, Real Estate, Tax, Business, Medical Malpractice

Solution-focused Attorney and Accountant with a comprehensive background in Tax, Real Estate, Negligence, General Civil, Criminal and Strategic Planni... (more)

FREE CONSULTATION 

CONTACT

313-561-8600

Matthew  Clark Lawyer

Matthew Clark

VERIFIED
Employment, Real Estate, Sexual Harassment, Labor Law, Lawsuit & Dispute

Matt joined the firm in 2014 and became a shareholder in 2019. He represents individual workers and labor unions in all matters concerning workers’ ... (more)

FREE CONSULTATION 

CONTACT

800-837-3140

J. Taylor Teasdale

Banking & Finance, Corporate, Contract, Foreclosure
Status:  In Good Standing           

Daniel C. Symonds

Business Organization, Construction, Employment, Estate Planning
Status:  In Good Standing           

Donald E. Barris

Family Law, Estate Planning, Land Use & Zoning, Real Estate
Status:  In Good Standing           

Brian J. Kott

Construction, Government Agencies, Business Organization, Banking & Finance
Status:  In Good Standing           

Darice E. Weber

Products Liability, Corporate, Employment, Real Estate
Status:  In Good Standing           

Jeri L. Parkin

Corporate, Real Estate
Status:  In Good Standing           

Gary A. Kravitz

Business Organization, Banking & Finance, Corporate, Real Estate
Status:  In Good Standing           

Intesar A. Elder

Real Estate, Banking & Finance, Business
Status:  In Good Standing           

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LEGAL TERMS

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

FAILURE OF CONSIDERATION

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

MULTIPLE LISTING SERVICE (MLS)

A computer-based service that provides real estate professionals with detailed listings of most homes currently on the market. Much of the information can now b... (more...)
A computer-based service that provides real estate professionals with detailed listings of most homes currently on the market. Much of the information can now be obtained by the public through websites like www.realtor.com.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

SUBSTITUTED SERVICE

A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the h... (more...)
A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the hands of the person to be served. Substituted service, on the other hand, may be accomplished by leaving the documents with a designated agent, with another adult in the recipient's home, with the recipient's manager at work or by posting a notice in a prominent place and then using certified mail to send copies of the documents to the recipient.

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

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.

INHERITORS

Persons or organizations who receive property from someone who dies.

TESTAMENTARY DISPOSITION

Leaving property in a will.