
Real Property Law Section of the State Bar of Michigan Annual Michbar Form
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People also ask
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What is Section 275 of the New York State real property Law?
Under Section 275, a mortgage that is assigned continues to secure a bona fide obligation and an enforceable lien, rather than becoming a "dormant" mortgage and is thus exempt from the payment of New York mortgage recording tax.
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What is the rule 15 in the state bar of Michigan?
Rule 15 Admission to the Bar Upon motion made in open court by an active member of the State Bar of Michigan, the court may enter an order admitting such applicant to the bar of this state.
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What is adverse possession in NYS property law?
New York law requires the land to be used for at least ten years before the adverse possessor gains title. The adverse possessors claim or use of the land must be incompatible with the owner's claim and use of the land.
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Who files satisfaction of mortgage in New York?
Recording Satisfaction: After full payoff, mortgagee, unless otherwise requested in writing by mortgagor, must execute and acknowledge before a proper officer a satisfaction of mortgage, and thereupon within forty-five days arrange to have the satisfaction of mortgage either presented for recording to the recording ...
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What is the New York Real Property Law 259 C?
Any provision in a lease, executed after the effective date of this act, that a trial by jury is waived in any action, proceeding or counterclaim brought by either of the parties thereto against the other in any action for personal injury or property damage, is null and void.
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What is Section 339 Z of the real property Law of the State of New York?
339-z - Lien for Common Charges; Priority; Exoneration of Grantor and Grantee. The board of managers, on behalf of the unit owners, shall have a lien on each unit for the unpaid common charges thereof, together with... 339-Aa - Lien for Common Charges; Duration; Foreclosure.
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What is Section 274 A of the New York real property law?
(a) The mortgagee of an owner-occupied, one-to-six family residential structure or residential condominium unit, shall deliver within thirty days, any mortgage related documents to an authorized individual making a bona fide written demand for such documents.
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What is considered real property in Michigan?
Section 211.2 - Real property; definition; determination of taxable status; acquisition for public purposes by purchase or condemnation; responsibilities of parties in real estate transaction; "levy date" defined (1) For the purpose of taxation, real property includes all of the following: (a) All land within this ...
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