Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
Since 1994, property taxes in Michigan have been capped. This means that if a property becomes more valuable over the years, the property tax will not increase based on the …
Family Transfers Exempt From “Uncapping” Under New Michigan Law Read MoreTape recorded evidence is very powerful in trial because it gives the jury insight into the events of the controversy as they took place, as if these events had happened …
Tape Recorded Statements: Powerful Evidence or Illegal Eavesdropping Read MoreUnder certain circumstances an employer may be held liable for the torts of its employees, including car accidents. In order for an employer to be liable for the acts of …
When Are Employers Liable For Their Employee’s Car Accidents? Read MoreAs we previously mentioned, Governor Snyder recently signed legislation increasing the statutory maximum for filing a claim in small claims court. As of September 1, 2012, that new limit is …
What Is The New Statutory Limit For Small Claims Court? Read MoreIn a recent case, Powell v Romano, the Michigan Court of Appeals ruled that a bank’s mortgage was not valid against a party living on land under a land contract. …
Court of Appeals: Bank’s Mortgage Ineffective Against Resident With Unrecorded Land Contract Read MoreGovernor Snyder has recently signed legislation changing the Michigan Small Claims Courts maximum jurisdictional amount in controversy from $3,000 to $5,000. The increase will take affect on September 1, 2012. …
Michigan Raises Statutory Limits for Small Claims Court Read MoreThe Michigan Supreme Court decided to grant leave to appeal to hear whether the four-year limitations of the Uniform Commercial Code, or Michigan’s general six-year limitations period applies to collections …
Michigan Supreme Court To Determine Whether Four or Six Year Statute of Limitations Applies to Open Account Read MoreUnder Michigan law, the one-action rule prohibits mortgage holders from collecting in multiple ways. Under the rule, a mortgagee who forecloses on property may not file another action or proceeding …
Court of Appeals: One Action Rule Sometimes Prevents Collection on Guaranty Read MoreArbitration agreements are generally favored under Michigan law. Court systems favor arbitration because it helps ration scarce judicial resources and is usually less expensive for the parties. In Cohen v …
Michigan Court of Appeals: Use Arbitration Agreements In Every Agreement Read MoreOne of the more technical areas of real estate law concerns liens. The most common lien that people are familiar with is home mortgages. Mortgages give lenders the right to …
Michigan Court of Appeals: Five-Foot Tall PVC Pipes Are Physical Improvements, Giving Priority to the Drilling Company’s Construction Lien Read More