ICLE | Michigan Residential Real Estate Transactions, Second Edition
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Michigan Residential Real Estate Transactions, Second Edition

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 remote online notarization, electronic recording, and virtual closings
  • Statutory amendments concerning condominium development, land division, statute of frauds, abolition of dower, income tax, and rehabilitation tax credits
  • Court of appeals cases on condominium development, redemption of foreclosed property, and real estate brokers
  • Updated American Land Title Association title insurance policy forms

Winner of an Association of Continuing Legal Education Administrators Best Award of Professional Excellence.

PRINT BOOK
978 pages, 1-volume, 7x10 paperback. Includes a download of drafted forms. Current to 12/01/21. 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.

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