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  • Real Property Section - State Bar Of Michigan - Michbar

Get Real Property Section - State Bar Of Michigan - Michbar

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1 II. Due Diligence of Improved Real Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1 III. Lease Evaluation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-6 IV. Financing Contingencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-8 V. General Drafting Tips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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What is a Prescriptive Easement? An easement by prescription can be created based on physical use of property over time. A party claiming a prescriptive easement must provide evidence possession that is actual, continuous, open, notorious, exclusive, hostile, and uninterrupted for a period of 15 years.

Adverse possession allows someone to become the legal owner of property she has occupied for a certain period – 15 years in Michigan – even if she is a trespasser and doesn't hold title to the property. The doctrine of adverse possession is controlled by state law.

Encroachment/Adverse Possession. The injured party can bring an action of trespass against the encroaching party. However, if the trespass meets certain requirements and has been going on for over fifteen years, the encroaching party can claim title to the property via adverse possession or acquiescence.

(d) "Real estate transaction" means the sale, exchange, rental, or lease of real property, or an interest therein. (e) "Real property" includes a building, structure, mobile home, real estate, land, mobile home park, trailer park, tenement, leasehold, or an interest in a real estate cooperative or condominium.

To establish adverse possession, an individual must demonstrate possession of the real property for a period of fifteen (15) years and that the possession has been actual, visible, open, notorious, exclusive, continuous, hostile, and under a cover or claim of right.

A Quiet title action is a legal procedure to establish a right to ownership to real real property, or establish other property interests, against one or more adverse claimants. A quiet title action also is called a suit to remove a cloud on title.

“Lady Bird” deeds are nothing new and are the subject of Standard 9.3 of the Michigan Land Title Standards (6th Edition) which states “[t]he holder of a life estate, coupled with an absolute power to dispose of the fee estate by inter vivos conveyance, can convey a fee simple estate during the lifetime of the holder.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232