Legal Descriptions Online Course Description
Legal descriptions, as the name implies, are the way and means by which real property, or real estate, is legally identified, conveyed, assessed and taxed. When real estate is transacted, it is the legal description that uniquely describes and identifies the property involved in the transaction and all of its appurtenances. Legal descriptions are used in all types of transactions, not just those involving the sale or purchase of real estate. Legal descriptions are used in deeds of conveyance, mortgages, claims of title, leases, title insurance policies, easements, etc. To do this effectively, an adequate understanding of legal descriptions is necessary. This two hour video course describes the history of legal descriptions in the state of Michigan.
Metes and Bounds
a. Metes and Bounds
b. Survey System
2. Metes and Bounds
2. Survey System
a. Principal Meridians
b. Base lines
c. Range lines
d. Township lines
3. Michigan Survey History
2. Practice Questions
2. Land Division Act
d. Exempt Split
3. Bonus Splits
2-Hour Michigan Property Management Course Description
Learning Objective: Understand rules and processes involeved in real estate property management.
1. Leasehold Estates
2. Types of Leases
3. State Laws
4. Truth in Renting
5. Landlord/Tenant Relationship
6. Summary Procedures Act
7. Case Law
8. Natural Resources and Environmental Protection Act
2-Hour Auction Law in Michigan Course Description
Learning Objective: Gain an understanding of the auction process and its relation to the industry.
2. Types of Auctions
4. Michigan Uniform Commercial Code
5. Case Law
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