Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
The Michigan State Tax Commission has, by way of Bulletin 14 of 2011, issued notification of the 2012 inflation rate multiplier, to be used for calculating 2012 taxable values. The …
Inflation Rate Multiplier for 2012 Taxable Values Issued Read MoreIn Michigan, there are three general types of deeds that are used in real estate transactions: quit claim, covenant, and warranty. Each of these deeds has a different legal impact. …
I Got A Quit Claim Deed, So I Own It, Right? Read MoreThere are two general types of leases that you may encounter when leasing commercial property. One type of lease is generally referred to as a gross lease. The other type …
Commercial Leases: Gross vs. Net Read MoreIn an earlier blog entry, I noted that I had, to my surprise, found the iPad quite useful for business purposes. In this entry, I want to highlight selected apps …
Business Apps for the iPad Read MoreThe deadline to file a Petition challenging the assessment for properties classified as residential or agricultural is July 31. In order to file a Petition before the Michigan Tax Tribunal …
Residential and Agricultural Properties Face July 31 Tax Appeal Filing Deadline Read MoreOperators of youth sports and recreational activities in Michigan can breathe a bit easier after the passage of a new state law last week. Under the new law, a waiver …
Parent-Signed Activity Waivers for Minors are Again Valid in Michigan Read MoreLast week, Governor Snyder signed a new law permitting certain liquor licensees to apply for and obtain a new “catering permit” (MCL 436.1547). The catering permit allows existing licensees to …
New “Catering Permit” for Liquor License Holders Read MoreIn a significant ruling, a divided panel of the Michigan Court of Appeals recently ruled that Mortgage Electronic Registration Systems, Inc (“MERS”) is not statutorily permitted to foreclose a mortgage …
MERS Can’t Foreclose By Advertisement Read MoreThe Michigan Court of Appeals recently ruled that it is the municipality’s legislative body, and not the County Treasurer, who has the final say as to whether a proposed purchase …
Court of Appeals Rules For City Over Treasurer In Determination of “Public Purpose” In Sale Following Tax Foreclosure Read MoreIn a unanimous decision, a panel of the Michigan Court of Appeals ruled that a municipality is barred from uncapping the taxable value of a property in future years, so …
Reason No. 101 Why You Should File A Property Transfer Affidavit Read More