Land Contract Lawyers In Michigan

Already the purchaser has failed to make payments and has failed to pay the real estate taxes.

Land contract lawyers in michigan.

According to legal services of northern michigan a land contract is an agreement for the sale of an interest in real estate in which the purchase price is to be paid in installments and no promissory note or mortgage is involved between the seller and the buyer. Cox help in all areas of residential and commercial land contract problems. Dear miller johnson schroeder i sold my property in berrien county michigan on land contract last year. Land contracts in michigan should contain the home s purchase price and the time and terms for payment.

Mick grewal a licensed real estate broker can help with the development of your land contract. The land contract is its own legal agreement or contract with all the terms and conditions agreed to between the buyer and seller. Let the experienced attorneys from the law offices of aaron d. Mcl 600 5701 et seq mcl 554 301 and 554 302 and mcr 4 202 some useful general information about land contracts is available from the legal services of northern michigan website.

Homebuyers in michigan don t receive full title to the property until they fulfill all land contract. The michigan legal help website and affiliated local self help centers are part of the michigan legal help program. Using her 11 years of experience as both a special and assistant attorney general defending the state of michigan laura aggressively represents clients in a wide range of litigation including real estate title disputes construction lien foreclosure as well as complex contract based lawsuits. Generally under such agreements the seller is called the vendor and the buyer is.

At a minimum a land contract should list the address of the real estate and the full legal description of the property the purchase price down payment amount the monthly payment amounts and term number of. A michigan land contract contains the names and signatures of the seller and buyer as well as a description or address of the property. Our michigan land contract lawyers at grewal law pllc can handle all aspects of drawing up your land contract including the recording of all the proper paperwork with register of deeds in ingham county and the surrounding municipalities. Want to sell your property on a land contract but don t know proper legal way to do it.

Statutes and court rules associated with land contract forfeiture proceedings are.