Land Contract Lawyers In Michigan

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

Land contract lawyers in michigan.

Dear miller johnson schroeder i sold my property in berrien county michigan on land contract last year. 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. The land contract is its own legal agreement or contract with all the terms and conditions agreed to between the buyer and seller. 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.

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. Cox help in all areas of residential and commercial land contract problems. Want to sell your property on a land contract but don t know proper legal way to do it. Let the experienced attorneys from the law offices of aaron d.

Mick grewal a licensed real estate broker can help with the development of your land contract. A michigan land contract contains the names and signatures of the seller and buyer as well as a description or address of the property. Already the purchaser has failed to make payments and has failed to pay the real estate taxes. 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.

Homebuyers in michigan don t receive full title to the property until they fulfill all land contract. If a land contract purchaser defaults on a land contract what is the seller s remedy. Decided to play the bank yourself and now the purchaser is defaulting. Land contracts in michigan should contain the home s purchase price and the time and terms for payment.

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.