Five Stories that Matter in Michigan This Week – July 1, 2022
Bringing you five stories that matter in Michigan this week – July 1, 2022. Legal, legislative, and regulatory updates.
Michigan HB 4722 Would Limit Local Governments’ Ability to Regulate Short-Term Rentals
Local communities will be limited in their ability to regulate short-term housing rentals if a bill passed by the Michigan House of Representatives, House Bill 4722 (“HB 4722”), becomes law.
Why You May Need a Certificate of Trust When Selling Real Estate in Michigan
One asset that many people put in their trusts is real estate, be it a primary residence, vacant land, or otherwise. In Michigan, to the extent that a trustee decides to sell real estate that is part of a living trust, a certificate of trust will be required at or before the real estate closing.
CDC Eviction Moratorium Struck Down – How Are Michigan Courts Responding
On August 26, 2021, the U.S. Supreme Court struck down the CDC’s section eviction moratorium. At the time it was uncertain what this meant for Michigan courts handling evictions in light of the July 2 amendments to Michigan Supreme Court Administrative Order No. 2020-17.
CDC Enters a “Round 2” Modified Eviction Moratorium
Effective August 3, 2021, the Centers for Disease Control and Prevention (“CDC”) issued a second eviction moratorium that, by its terms, is effective August 3 through October 3, 2021.
American Rescue Plan – Affordable Housing – HUD
The Biden Administration American Rescue Plan contains sizeable funding for affordable housing along with other policy proposals.
Does Low-Income Housing Affect Nearby Home Prices?
Recently, Redfin issued an analysis it performed looking at over 220,000 home sales and found NO consistent relationship between the addition of low-income housing and changes in home prices.
CDC Eviction Moratorium Declared Unconstitutional
On Thursday, February 25, 2021, the United States District Court for the Eastern District of Texas issued a declaratory ruling holding that the current CDC eviction moratorium is unconstitutional.
FHEO Notification – Gender Discrimination
On February 11, 2021, the U.S. Department of Housing and Urban Development (HUD) issued a Memorandum Implementing Executive Order 13900 on the Enforcement of the Fair Housing Act.
Filing of Property Transfer Affidavits
Michigan law requires that a Property Transfer Tax Affidavit (“PTA”) be filed with the local assessor (city or township) upon the transfer of ownership of real property. As used in the statute “transfer of ownership” means the conveyance of title […]