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When Does a Letter of Intent Constitute a Contract?

When Does a Letter of Intent Constitute a Contract?

by David Soble | Jan 24, 2021 | Contract Law, Real Estate Law

A real estate buyer and seller write up their own Letter of Intent (“LOI”) to engage in a real estate land lease transaction. They spend some time on the document outlining some of the chief terms of the prospective deal that they will put in a contract in the near...
How Equitable Mortgage Laws Can Unwind Your Transaction

How Equitable Mortgage Laws Can Unwind Your Transaction

by David Soble | Jan 1, 2021 | Contract Law, Purchase Agreements, Real Estate Law

Since about 2014, real estate investing and “flipping” has been a hot and profitable industry. While there are great deals out there, Michigan law will not tolerate abusive investment tactics at the expense of Michigan homeowners. Below is Michigan case...

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