In the wake of the highly destructive storms that struck Southeast Michigan this summer, the Greater Metropolitan Association of Realtors® (GMAR), working with the National Association of Realtors® (NAR) and the Realtors® Relief Foundation, reached out to the communities affected by these catastrophic events. We recently focused our efforts on families in White Lake and Armada Township, which were hit by a devastating tornado causing millions of dollars of damage. Despite insurance assistance, homeowners in these areas still faced significant repair costs.
The Greater Metropolitan Association of Realtors® (GMAR), together with the North Oakland County Board of Realtors®, with assistance from the Michigan Realtors® and the National Association of REALTORS®, is happy to announce a program that provides relief assistance for qualified applicants of Oakland and Macomb County in response to the heavy rainfall, winds, and tornadoes that resulted in widespread property damage on July 24 – 25, 2021.
In today’s uniquely competitive market, buyers are using several different strategies to make their offers stand out against all others. As a result, Michigan Realtors® has developed a form designed to help Realtors® educate and ensure that clients make informed decisions.
As you may know, a new DHHS Order came out that goes into effect on June 1, 2021. The new rules no longer regulate gatherings that take place at a residence. For other types of gatherings, the rules provide that no one is required to wear a mask outdoors, and vaccinated people do not need to wear masks indoors.
Under the new DHHS Order, effective June 1st, there are no longer any regulatory limits on the number of persons viewing a home during an open house or other showings. Moreover, the regulations on masks and social distancing no longer apply to home showings.
If you’ve been monitoring the news, there has been an increase in discussions surrounding reentry to offices and mask requirements. With vaccinations becoming more prevalent and available, and Covid-19 cases in moderate decline, there has been increased optimism that many of the gathering and workplace limitations will be relaxed. Along with that possibility, there will need to be forthcoming guidance from MDHHS and MIOSHA on how best to navigate future regulatory changes. The purpose of this communication is to summarize the current regulations on real estate activity as of today.
U.S. District Court of the District of Columbia struck down a nationwide eviction moratorium Wednesday. The ruling has application nationwide.
As many of you know, the moratorium was an extraordinary measure put in place last year by the Centers for Disease Control and Prevention (CDC), claiming authority under the Public Health Service Act during health emergencies. The moratorium was most recently extended through the end of June.
Hello Michigan Realtors®, and welcome back to the Letter of the Law. Today we look at some of the differences between fiduciary duties owed to the client and the execution of services agreed to under a service provision agreement. Based on many of the calls that we receive, there seems to be a fair amount of confusion between duties owed and services rendered according to an agency agreement.