Your Step-by-Step Guide to Residential Transactions
At some point, either for yourself, a family member, or a client, you will review a residential purchase agreement. Let the experts guide you through every step of buying or selling a preexisting or new house, a condominium or cooperative, or a family cottage. Navigate the latest residential financing regulations and seller disclosure requirements. Avoid the pitfalls of uncapping and transfer taxes.
You will be able to:
- Manage relationships with brokers, agents, and inspectors
- Negotiate key terms in a standard purchase agreement
- Resolve title issues before closing
- Facilitate a successful closing
- Help clients keep the cottage in the family
- Counsel clients on recovery options when things go wrong
Highlights of the latest update include:
- Discussion of the National Association of Realtors settlement regarding agent commission fee rules
- A Michigan Supreme Court case about building code violations discovered after closing
- Court of appeals cases regarding innocent misrepresentation on a seller's disclosure statement, principal residence exemption, redemption of property, and home renovation contractors
- Statutory amendments concerning residential purchase agreements
| Winner of an Association of Continuing Legal Education Administrators Best Award of Professional Excellence. |
PRINT BOOK
994 pages, 1-volume, 7x10 paperback. Includes a download of forms. Current to 11/01/24. Next update TBD. Subscription service available.
ONLINE BOOK
Fully searchable and continually updated. Citations link to Michigan caselaw, statutes, and court rules. Includes online index, downloadable forms, and summary of changes. Price is for a one-year subscription.