When dealing with the possibility of a business dispute, the last thing you want to do is tear down any last threads of a tie you might have had. After all, a thriving business is not built on one person alone. You need an entire network to reach the height of your...
Business & Commercial Law
Real estate sales under Michigan’s Seller Disclosure Act
Michigan's Seller Disclosure Act requires real estate sellers to reveal information about their properties to potential buyers. As noted on the Michigan Legislature website, a disclosure statement confirms that a seller has provided what he or she knows about a home's...
Who in my company can create a contract?
Creating a legal obligation for your company is a serious duty. Not everyone who works for or with you has this authority. The Journal of Urgent Care Medicine explains that if someone enters a contract and legally has the right to do so, you have to honor the...
What is a certified small business?
When starting a small business, you should look for every avenue of assistance you can get. The failure level of new businesses is quite high, so getting a leg up is smart. The Small Business Association of Michigan explains one option to help your business is to...
Common residential real estate contingencies and how they work
The Michigan home-buying process often involves many moving parts. Sometimes, you need certain elements to come to be before you may move forward with buying a home you have your eye on. In real estate, contingent offers are offers you make on a home that hinge upon...
Why is commercial real estate a lucrative business?
If you consider entering the real estate business, it may feel overwhelming at first. After all, where do you start and how can you guarantee that you will make money in real estate? There are no guarantees when investing in commercial real estate, but it may be one...
What should you do about a contract breach?
A contract breach may prevent you from getting the most out of a relationship and could even compromise your productivity and success. Knowing if to react and how to react can help you maintain control over the situation. Developing a response strategy prior to taking...
What is a seller’s disclosure?
Buying a new property is an investment in your future. However, there are lots of things that can go wrong during the process. That is why homebuyers must protect themselves throughout the transaction. Sellers also have a responsibility during real estate...
Can companies terminate contracts for their convenience?
You may have difficulty containing your excitement every time your company in Michigan secures a new contract. Such an agreement essentially ensures a degree of stability and security for your business. These feelings come from the presumption that your partner cannot...
Can you run a business out of your home?
Zoning laws are often similar from one municipality to the next, but the details may be significant enough to prevent you from running a business like the one your friend started a few miles away. Fortunately, cities also have a process for requesting an exception or...