Michigan is a great place to buy a condo, but there are certain things you should know before purchasing one. There are several factors to consider before making your choice. Is a condominium the ideal structure for you? Not everyone is cut out for condo living. It...
Detroit & Chicago Business Organizations Legal Blog
How are co-ops different than condos or apartments?
Deciding to live in a co-op in Michigan means adjusting to a new kind of housing arrangement. Co-ops are not at all the same thing as an apartment or condo. They have very different rules and regulations that must be adapted to. The rules are much stricter on average....
There are some rules HOAs can’t enforce
There are many benefits to being part of a homeowner’s association. However, there are many horror stories about homeowners’ associations imposing ridiculous or expensive rules. The rules seem to result from a board on a power trip rather than making life better for...
Housing cooperatives: A unique type of home ownership
People have other options beyond buying and renting a home in Detroit, Michigan. Co-op housing is a popular alternative to traditional housing methods. A co-op is a housing option where the owners don't own their units. Residents are shareholders within a community of...
Key considerations when setting up your first contract
If you own a business in Michigan, then you have to be prepared for the countless relationships you will form with other people or businesses. You'll need to draft contracts for everything from leases and vendor agreements to employment contracts and NDAs. If you're...
How to avoid business disputes in Michigan
No business is fully immune to business disputes. In fact, it's actually quite common for business owners to find themselves in the middle of business-related disagreements. While many can be resolved without too much trouble, there are times when things can get...
Active communication reduces the number and intensity of HOA disputes
Every homeowner's association has its unique challenges. However, lack of communication seems to be a recurring theme until a dispute arises. HOA boards can force tenants to communicate, but they may get better results if they initiate the conversation. Strong...
What you need to know about contracts in Michigan
A contract is a legally binding agreement between two or more parties. It can be oral or written, but it is generally enforceable in a Michigan court. You can use contracts in a variety of situations, such as when you are buying a car, renting an apartment or starting...
Negotiating a sales contract in Michigan
You can work on a sale for days or even weeks; however, you may not get what you want if your negotiation strategies are not great. Anxiety, hesitation and lack of confidence make many business owners and sales reps in Michigan lose out on a good deal. If you want to...
Bylaws for running homeowner associations
Homeowner association bylaws are made to guide the management of a homeowner association and establish the basic rules and standards that they must enforce on their residents. The main board's duties are to ensure the safety of communities in Michigan, determine the...