A business contract is a binding legal document that lays out the terms and conditions of an agreement between two parties. These contracts serve as a protective measure to ensure all parties fulfill their obligations. The strength of a business contract lies in the...
Detroit & Chicago Business Organizations Legal Blog
HUD’s course correction
Housing and Urban Development's (HUD) mission statement "is to create strong, sustainable, inclusive communities and quality affordable homes for all." While playing a vital role in securing dwellings, they are not immune to the occasional bureaucratic error....
Effective strategies for handling homeowner complaints in HOAs
Homeowner Associations play a crucial role in maintaining harmony and preserving property values within a community. However, conflicts and complaints between homeowners and the HOA can arise from time to time. Here are some effective strategies for HOAs to handle...
The dangers of relying on online legal document services
With the rise of virtual companies, many online document services have popped up to offer people a seemingly effortless way to handle legal forms and paperwork. Since business owners constantly look for ways to save time and money, getting business contracts from...
How can HOAs resolve disputes?
If you run an HOA, you likely put in a diligent effort to minimize and avoid disputes with the homeowners living in your community. However, disputes still arise, and there are many different ways to resolve these issues when they come up. According to the Foundation...
When to use a non-disclosure agreement
A Non-Disclosure Agreement is a legal document that prohibits individuals or organizations from sharing confidential or proprietary information with third parties. While many businesses might hesitate to use them, there are many instances that a business should always...
How can I avoid fraud allegations in my business?
It is bad enough when someone takes your business to court, but when they accuse you of fraud, it can be damaging. You will want to do everything possible to avoid such accusations. Fraud means you did something devious, and anyone saying you were fraudulent in your...
How can you create stronger business contracts?
As a business owner, you regularly make agreements with suppliers, clients and employees to keep your operation up and running. And one of the ways you formalize these agreements is by setting up binding legal contracts. According to NerdWallet, there are...
New law prompts HOAs to remove racially restrictive language
Homeowners and condominium associations in Michigan can now amend their rules to remove racially restrictive language. While the Fair Housing Act and other laws have been in place to prevent discriminatory practices in housing, the act did not apply to homeowners’...
Could new legislation impact short term rental restrictions?
Many community associations have restrictions on short-term rentals in their governing documents. However, some people have concerns that proposed Michigan legislation could nullify those restrictions. Is HB 4722 a threat to restrictions on short-term rentals? HB 4722...