Burt Real Estate Lawyer, Michigan, page 2

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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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Elan S. Nichols

Landlord-Tenant, Real Estate, Discrimination, Civil Rights

Status: Licensed: 25 Years

CONTACT

301 E Genesee Ave, Saginaw, MI 48607

Matthew E. Gronda

Bankruptcy, Foreclosure, Traffic, Business

Status:

CONTACT

820 North Michigan Avenue, Saginaw, MI 48602

Thomas A. Jaffke

Real Estate, Estate, Business, Elder Law

Status: Licensed: 53 Years

CONTACT

718 W Genesee St, Frankenmuth, MI 48734

John V. Polomsky

Real Estate, Estate Planning, Estate, Business

Status: Licensed: 38 Years

CONTACT

526 W Genesee St, Frankenmuth, MI 48734

Lori L. Bommarito

Real Estate, Complex Litigation, Divorce & Family Law, Business

Status: Licensed: 25 Years

CONTACT

6420 Normandy Dr, Saginaw, MI 48638

Norman S. Harrison

Real Estate, Social Security, Estate Planning, Elder Law

Status: Licensed: 39 Years

CONTACT

805 S Michigan Ave, Saginaw, MI 48602

Robert J. Chasnis

Construction, Mediation, Contract, Personal Injury

Status: Licensed: 41 Years

CONTACT

155 Plymouth Rd, Saginaw, MI 48638

Otto W Brandt

Real Estate, Traffic, Criminal, Personal Injury

Status: Licensed: 57 Years

CONTACT

715 Court St, Saginaw, MI 48602

Aaron Michael Majorana

Estate Planning, Real Estate, Other, Criminal

Status: Licensed: 11 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Thomas D. Burkhart

Real Estate, Estate, State and Local, Family Law

Status: Licensed: 50 Years

CONTACT

820 N Michigan Ave, Saginaw, MI 48608

800-814-6700

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LEGAL TERMS

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.

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.

SEVERABILITY CLAUSE

A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the... (more...)

A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the court finding one part of the contract unenforceable would invalidate the entire document.

QUIET ENJOYMENT

The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and r... (more...)

The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and rental agreements often contain a 'covenant of quiet enjoyment,' expressly obligating the landlord to see that tenants have the opportunity to live undisturbed.

ANNUAL MEETING

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

FIERI FACIAS

Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary... (more...)

Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary judgment against the defendant.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

Burt Real Estate Lawyer, Michigan, page 2

Sponsored Law Firm

Harry Ellman Law

SPONSORED LAWYERS

Elan S. Nichols

Matthew E. Gronda

Thomas A. Jaffke

John V. Polomsky

Lori L. Bommarito

Norman S. Harrison

Robert J. Chasnis

Otto W Brandt

Aaron Michael Majorana

Thomas D. Burkhart

TIPS

LEGAL TERMS

NET LEASE

NONCOMPETITION AGREEMENT

SEVERABILITY CLAUSE

QUIET ENJOYMENT

ANNUAL MEETING

HOUSE CLOSING

FIERI FACIAS

CO-TENANTS

APPRAISAL

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