Some would say it is an open secret in the real estate industry that the sector is experiencing strong headwinds—maybe even a looming hurricane. Office vacancies are up, and nearly $2 trillion in loans nationwide are set to mature in the next three years. As a...
Month: October 2024
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What are Lady Bird Deeds in Michigan?
A Lady Bird Deed allows you to name a beneficiary who will automatically inherit your property upon death. Unlike a traditional life estate deed, you retain complete control over the property during your lifetime. You can sell, mortgage or change the beneficiary...
Can partial payments reset the eviction clock?
When rent is overdue, the eviction process begins. If a tenant makes a partial payment, does this reset the timeline and extend their stay? The landlord may start the eviction process as soon as the tenant falls behind on rent. The landlord must first serve a notice,...