Truth in Lending; Mortgage Loans
Adam Keilen As of June 1, 2013, Regulation Z has prohibited arbitration in mortgage lending. TILA and Regulation Z prohibit contracts that require arbitration in closed-end loans secured by a dwelling...
View ArticlePremises Liability for Business Owners
Adam Keilen Generally, as a small business owner, what duty do I owe to my customers, as it relates to premises liability? The duty owed to a business invitee (generally, someone who is there for a...
View ArticleIf I am sued, can they take my house?
Adam Keilen Some states recognize real estate ownership in the form of Tenancy by the Entirety (TBE), meaning, a judgment lien can’t be attached to the real property you own with your spouse (if held...
View ArticleDoes a contract have to be in writing to be enforceable?
By Adam Keilen Short answer. It depends. Statute of Frauds. State law varies; however, generally, pursuant to the Restatement (Second) of Contracts § 110, certain contracts, subject to a statute, are...
View ArticleMichigan Residential Property Tax Appeals
By Brett Cummings People across Southwest Michigan are experiencing significant property devaluation stemming from extensive flooding. Even properties not directly damaged by the flooding are...
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