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Iosco County, MI Real Estate Lawyers

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Timothy R. Freel

Other, Real Estate, Personal Injury, Legal Malpractice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  31 Years
CONTACT
211 Newman St, East Tawas, MI 48730
Profile LAWPOINTS™32/100
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Thomas B. Huck

Real Estate, Estate Planning, Elder Law, Civil & Human Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  55 Years
CONTACT
314 Newman St, East Tawas, MI 48730
Profile LAWPOINTS™22/100
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Robert K. Myles

Real Estate, Estate Planning, Elder Law, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years
CONTACT
109 S State St, Oscoda, MI 48750
Profile LAWPOINTS™22/100
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Gary S. Price

Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years
CONTACT
835 S State St, Oscoda, MI 48750
Profile LAWPOINTS™17/100
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Kenneth J. Myles

Real Estate, Estate Planning, Family Law, Limited Liability Companies
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  57 Years
CONTACT
502 W Lake St, Tawas City, MI 48764
Profile LAWPOINTS™17/100
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LEGAL TERMS

BEQUEST

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

PROPERTY

See personal property, real estate, community property, separate property.

COOLING-OFF RULE

A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-d... (more...)
A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-day grace period to sales made door-to-door and anywhere other than a seller's normal place of business, such as at a trade show. Another federal cooling-off rule lets you cancel a home improvement loan or second mortgage within three days of signing. Various states have cooling-off rules that sometimes apply even longer cancellation periods to specific types of sales, such as dancing lessons and timeshares.

COVENANT

A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are ... (more...)
A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are found in deeds or in documents that bind everyone who owns land in a particular development. See covenants, conditions and restrictions.

TESTAMENTARY DISPOSITION

Leaving property in a will.

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.

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.

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)
A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)
Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

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