Business Law

Before you sign a Michigan commercial lease agreement, it is crucial that you do your due diligence. Commercial leases may last much longer than most residential leases, and once you agree to lease terms, your lease is going to hold you to them for some time to come....

As a small business owner, you want to keep your vendors happy so they will continue to sell you goods and services. Some companies end up in litigation because of disputes over whether a vendor received payment. Recording your vendor payments may keep you from...

When you work on a Michigan construction project as a general contractor, subcontractor, material supplier or in a similar capacity, you have certain rights if you never receive payment for supplies provided or services rendered. If you do not receive payment within a...

When buying any property, you should always get an inspection. Many people mistakenly believe that they do not need an inspection on a property sold as-is. As-is means the seller will not make repairs to the property. However, the International Association of...

After finding a property you wish to purchase, a lender may require a title search before funding the transaction. As noted by Bankrate.com, it may take a few hours or up to 14 days to complete a title search. The process may involve reviewing property records at the...

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...

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...

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...

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...