When in the market for income property, there are many points to consider before signing a purchase agreement and committing to a years-long mortgage. But there is one item to always remember; you want an income property to function as a steady source of income. To achieve a consistent income stream, you obviously… Read more »
Your tenant filed for bankruptcy; how does that affect your landlord-tenant relationship?
Uh oh! Instead of receiving this month’s rent check in the mail you received a notice of voluntary petition for bankruptcy from your tenant. What does that mean to you Mr. Landlord? The first thing to understand about bankruptcy in landlord-tenant relationships is that the simple filing of a petition for bankruptcy protection enacts a… Read more »
When Tenant Permission isn’t needed for Entry
It is generally common practice for landlords to seek permission to gain entry to a tenant’s apartment. Not only is it a legally required under most template leases, but it is also common courtesy. Showing up unexpectedly or even barging in on a tenant could present an uncomfortable situation for both parties. As long as… Read more »
Should You Accept Section 8 Tenants? Know The Considerations.
Section 8 Renters: The Government is paying you for your tenant’s rent, you better believe that there are strings attached. Landlords often seek out or simply accept a commonly used government housing funded program often referred to as Section 8. Section 8 refers to a particular federal law out of the Housing and Urban Development… Read more »
Your Tenant Just Appealed Your Landlord-Tenant Eviction Judgment… Now What?
You just spent the last 4-6 weeks patiently working through Michigan’s landlord-tenant eviction procedures to get a judgment of possession against your tenant. A few days later you receive notice that your tenant has appealed your judgment…now what? By itself, the filing of an appeal does nothing to stop your judgment from being enforceable…. Read more »
Your Tenant Just Filed a Motion Challenging Your Eviction Judgment… Now What?
You just spent the last 4-6 weeks patiently working through Michigan’s landlord-tenant eviction procedures to get a judgment of possession against your tenant. A few days later you receive notice that your tenant has filed a motion to set aside the judgment or for a new trial. By itself, the filing of a motion… Read more »
What to do with Tenant’s Belongings after Eviction
As a landlord, you have likely been left with a tenant’s belongings before and you will likely experience it again. Most of what a landlord runs into in their vacated units amounts to nothing more than junk to fill basements and attics as a metaphorical rubber band ball tenants add to year after year. But… Read more »
An in Depth Look at Landlord’s Rights
A landlord has a legal right to enter his tenant’s rental unit in many circumstances. Practical access to the space is much more limited than it would be if the unit was vacant. But the home or commercial property still belongs to the landlord. The Covenant of Quiet use and Enjoyment Residential rental contracts imply… Read more »
Landlords / Tenants Should be Wary of Legal Pitfalls
LANDLORD’S LEGAL PITFALLS Most property owners who rent their property handle the legal actions associated with landlord and tenant relations on their own. The district court system is amicable to property owners handling their own legal affairs, but these landlords need to be especially wary of legal pitfalls. While most property owners who are also… Read more »
Tax Deeds – The Silent Problem for Purchasers
SO YOU BOUGHT A PROPERTY AT THE COUNTY TAX SALE? DO YOU REALLY OWN IT? CAN YOU SELL IT? Every fall Michigan Counties sell thousands of properties for delinquent taxes. The purchasers of these properties acquire deeds for reduced costs – sometimes pennies on the dollar – and receive a “Quit-Claim” deed in exchange. The… Read more »