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COVID-19 Pandemic and its Impact on Property Tax Assessment and Appeals

Real property owners in Michigan may wonder what impact COVID-19 has had on their property tax assessments. According to the Tax Policy Center, past pandemics have caused housing prices to decline, although not to the same low as income and sales tax… Read More
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Newer Law Extends Commercial Tax Abatements Through 2025

A law, signed into effect in October of 2020, amends the Commercial Rehabilitation Act and the Commercial Redevelopment Act so that the granting of property tax abatements for qualified businesses continues through Dec. 31, 2025. Commercial Rehabilit… Read More
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Categories: Business, Real Estate

Federal Housing Finance Agency Extends Foreclosure and REO Eviction Moratoriums

To help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) has extended the moratoriums on single-family foreclosures… Read More
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Failure to Heed Public Act 572 of 2018 and its Amendments to the Michigan Marketable Record Title Act May Result in Lost Title

Without notice to preserve your interests, real property owners in Michigan may find their rights extinguished and titles lost simply by the passage of time. Read More
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Categories: Real Estate

Think Carefully Before Removing Old Street Art

By Eric C. Turnbull If you are a real estate owner or developer in an urban area, street art and graffiti on your building likely doesn’t warrant much more thought than how or when to remove it. However, as copyright law has continued to develop ov… Read More
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New Law Changes Practice of Register of Deeds in Michigan

By John D. Bartley On June 15, 2017 the Governor signed House Bill 4532 into law as Public Act 54 of 2017. This law is made effective as of June 15, 2017 and provides that Register of Deeds shall no longer require documents submitted for recording to… Read More
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Categories: Real Estate

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Feb
2
O’Reilly Rancilio is pleased to announce that Jim Sarconi, an equity shareholder, has joined the firm’s Board of Directors and Keith Jablonski is now an equity s… Read More
Jan
20
Mark Breaugh joined the O’Reilly Rancilio legal team as an associate on Jan. 18, 2021. Mr. Breaugh is part of the firm’s litigation and disputes practice group.… Read More
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Feb
21
You may not think you have digital assets, but if you’re like most Americans, you’re likely spending considerably more time online and on devices such as compute… Read More
Feb
10
Gov. Gretchen Whitmer recently signed Senate Bill 464 into law, creating the Financial Exploitation Prevention Act. The law requires that financial institutions, inc… Read More
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