Michigan Abolishes Dower Rights

Michigan abolishes dower rights

Michigan abolishes dower rights

On December 27, 2016, Governor Snyder signed into law a package of bills that will eliminate statutory and common law dower rights which will take effect on April 7, 2017. Michigan’s dower law was created in 1846 and entitled a widow to a one-third life estate in all of the real estate owned by her deceased husband during the marriage.

Michigan was the only state to provide dower rights to wives without providing any corresponding rights to husbands, making it constitutionally questionable. Also, the wording of Michigan’s dower statue and case law made clear that it did not apple to same-sex couples, creating an additional constitutional issue in light of the recent US Supreme Court decisions legalizing same-sex marriage. In practice, dower rights are very seldom exercised because wives generally receive more favorable treatment under Michigan laws relating to intestacy (i.e. decedents who die without a will) or the spouse’s elective share (i.e the minimum amount to which a surviving spouse is entitled if the deceased spouse does leave a will).

Beginning April 7, 2017, spouses that hold property in their name alone will be free to transfer and mortgage the property without the signature of the other spouse. The only remaining exception is the Michigan homestead law that requires the signatures of both spouses on a non-purchase money mortgage that will cover their homestead (principal residence).

Dower will still apply if a spouse died before April 7, 2017.

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Michigan Home and Cottages

Related: https://www.banaslegal.net/news/2017/01/04/michigan-abolishes-dower-rights/

https://www.banaslegal.net/news/2017/01/04/michigan-abolishes-dower-rights/

1998 Lake St, Holland, MI 49424

Lake Macatawa Waterfront Homes For Sale

1998 Lake St, Holland, MI

Lake Macatawa Waterfront Home

3900 sqft

,
4 bath

,
4 bdrm

three stories

FOR SALE

$929000 USD .

Lake Macatawa waterfront home with 3900 square feet of living space in a great North Holland location. Home was custom built and not a penny was spared in the construction of this 4, possibly 5 bedroom 3 1/2 bath home. Main floor cherry wood flooring flows from the entry to the chef’s kitchen, where you will find remarkable lake views of the and top of the line Wolf Range and Sub-Zero refrigerator. Custom cabinetry and granite in the kitchen and custom woodwork with convenient built-ins give the home an elegant, warm feel. Enjoy afternoons in the sun room overlooking the water, and step out to the expansive lakeside deck and take in the fresh lake air. Home features a large master suite/retreat with lake views to die for. Master bath has a sauna, whirlpool tub and walk-in closet. 3rd floor
could be a rec room, with a separate room for a potential 5th bedroom or artists’ studio and is plumbed for a sink. Zoned heating, plaster walls, and 2×6 construction with fiberglass and foam insulation make this home incredibly efficient. Start living your life on the lake today!

Property information

End of the year sales statistics for West Michigan

Below is a breakdown of what the West Michigan Lakeshore real estate statistics for 2016 look like compared to 2015.

positive sales percentages in West Michigan for 2016

positive sales percentages in West Michigan for 2016

Single Family Residence # Sold in 2015 # Sold in 2016 PCT Avg Sale 2015 Avg Sale 2016 PCT
Holland/Saugatuck 1962 1960 -0 $219,276 $225,019 +2
Mason Oceana Manistee 945 1077 +13 $133,513 $140,415 +5
Muskegon County 2198 2279 +3 $119,628 $130,098 +8
North Ottawa County 1047 1158 +10 $219,110 $244,336 +11
Southwestern Michigan 3093 3302 +6 $187,602 $192,286 +2
Single Family Residence Totals 9245 9776 +5 $176,203 $184,802 +4

It’s nice to see positive percentages in numbers of sales across almost the entire board. Prices appear to be increasing at a sustainable rate. The Grand Haven market finished strong with an impressive 11% increase in sales.

If you would like specific numbers on how your neighborhood or market area is doing, please feel free to contact us. We service the entire Michigan Lakeshore region from New Buffalo to Manistee, including all areas in between, representing home buyers and sellers of the communities’ finest real estate.

Kersh Ruhl 616-212-8418 Lauri  Sisson 616-292-5727 Mary Zeppenfeld 616-638-3390 Michigan Homes and Cottages

Grand Haven, one of the best places in the WORLD to retire

It’s a new year, a time when most of us reflect on our lives and start thinking about the future, maybe even retirement. When most of us think about retirement we think about relaxation in the sun, but where in the world is the best place to retire? According to The 10 Best Places in the World to Retire, an article written by Cynthia Drescher from cntraveler.com there are 10 places that are the absolute best places in the world to retire taking into account culture, access to health services, quality of life, and community:

Coronado, Panama is a Pacific coast beach with perfect sunsets just a two-hour drive down the Pan-American Highway from cosmopolitan Panama City. Panama’s tax system allows foreigners to live there nearly tax-free.

Penang, Malaysia is an island with beautiful beaches and easy in and out with quick and cheap flights to Kuala Lumpur and Singapore. Thanks to a government initiative, foreigners can now easily apply for a 10-year visa.

Cascais, Portugal is a seaside enclave of Cascais and is only 19 miles west of Lisbon but has 10 major golf courses, a castle, and miles of cobblestone streets bordered by cafes and fresh seafood vendors. Portugal is one the most affordable countries in Europe.

San Miguel de Allende, Mexico is located in the Mexican state of Guanajuato just 3 hours north of the action of Mexico City. With its ideal weather, art scene, colonial charm, and affordable living, it has been luring foreign retirees for decades.

Killarney, Ireland is a small city in County Kerry ranked high for safety, cleanliness, and overall charm. Horse-drawn carts still drive the roads and where a budget of $30,000 a year is ample.

Corozal, Belize, the country’s northern most town where English is the official language. Corozal offers a ferry connection to Ambergris Caye, Belize’s largest island and gateway to the world-class snorkeling and scuba diving of the Belize Barrier Reef.

Concord, CA is located only 30 miles east of San Francisco. It is a big little city home to farmers markets, excellent health care facilities, and free community activities including one of the few remaining drive-in theaters.

Grand Haven Beach

Grand Haven Beach

Grand Haven, MI nicknamed “Coat Guard City,” is a lakefront star. Offering a boardwalk, 90,000 gallon musical fountain, harbor trolley, charter fishing, and miles of bike trails. The State Park’s 48 acre sandy beach and clear, cool waters of Lake Michigan are a favorite. Grand Haven has long and warm Summer days and charming downtown streets which are alive with festivals and live performances.

Santa Fe, NM offers beautiful mountains and The Santa Fe National Forest which have inspired a thriving art scene. Historic architecture, a friendly community of all ages, and warm days with low humidity make Santa Fe a popular choice.

Louisville, KY is home to the Kentucky Derby, bluegrass music, bourbon, and culture. Step outside the city limits and hike the 260 miles of trails in Hoosier National Forest. Kentucky is known for its friendliness and hospitality and its cost of living is some 14 percent below the national average.

Ready to make Grand Haven your retirement destination? Call us today and we can help you find the perfect home to make your dreams into memories.

Kersh 616-212-8418 Mary 616-638-3390 Lauri 616-292-5727 Michigan Homes and Cottages

New Listing! 799 E 8th Street in Holland, MI

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3, potentially 4 bedroom, 1 1/2 bath bungalow close to downtown on 8th St. Home has hardwood floors, and an updated full bathroom with tile, whirlpool bath, and separate shower. Lower level could be used as a rec room and still room for storage. Large, extra deep lot gives you privacy and ample area to play. Newer shingles in 2013 and updated electrical etc, this home is ready for the next lucky owner. http://www.michiganhomesandcottages.com

Property information

2925 Judson Rd, Spring Lake, MI

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242′ of Spring Lake Frontage

•  6,203 sq. ft., 6 bath, 4 bdrm ranch – $2,200,000. Huge Price Reduction!!!
MLS® #15029342

– Private Spring Lake waterfront estate with 242 feet of deep water frontage facing south down the main body of spring lake with over 2.5 miles of unobstructed views navigable to lake Michigan. Four spacious bedrooms and four full baths which include master en suite with his/hers walk in closets and gas fireplace over looking the lake. Kitchen has been recently renovated custom cabinetry, Dacor 6 burner range, Jenn Air large capacity built in refrigeration, 2 Bosch dishwashers Subzero wine storage. Family and living rooms have custom built in cabinets, fireplaces and wet bar in family room. Recreation billiards room with island wet bar is perfect for entertaining. Extensive use of in floor radiant heat with South African Mahogany hardwood flooring Large bonus room above garage for a possible fifth bedroom. Two story boat house with viewing deck and three season porch and work room with paved golf cart path to lake. Expansive use of brick patios throughout the lake side of home with mature trees landscaping and hot tub. Quiet neighborhood in Spring Lake school district.

Property information

Open House in Holland, Ottawa County on Saturday

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We invite everyone to visit our open house at 2838 Sunrise Avenue on November 26 from 11:00 AM to 12:30 PM.

Property information

4716 66th St, Holland, MI

You will love watching the wildlife from this beautiful 1.9 acre property nestled in the dunes of Lake Michigan with Kelly Creek running along the back of the lot. The beautiful landscaping includes a pond, fire pit and lush foliage year around. This pristine home features a spectacular gourmet kitchen with stainless appliances and quartz counter tops and open concept main floor with stone fireplace, new paint, wood floors, trim and light fixtures. Upstairs you’ll find 3 bedrooms and 2 full baths. The lower walkout boasts an incredible entertaining area with built in bar and guest suite, full bath with plenty of storage. Come check it out today!

4716 66th st, Holland, MI 4716 66th st, Holland, MI 4716 66th St, Holland, MI 4716 66th St, Holland, MI

 

West Michigan Lakeshore Real Estate Sales Statistics

Here is a breakdown of what the the West Michigan Lakeshore real estate statistics for 2016 (as of 10-12-16) look like in comparison to 2015.      

Single Family Residence 2015 2016 PCT 2015 2016 PCT
Holland Saugatuck 1568 1487 -5 $220,305 $225,127 +2
Mason Oceana Manistee 720 831 +15 $136,948 $142,823 +4
Muskegon County 1721 1751 +1 $118,826 $128,288 +7
North Ottawa County 856 897 +4 $218,681 $247,015 +12
Southwestern Michigan 2463 2539 +3 $188,577 $193,090 +2
Single Family Residence Totals 7328 7505 +2 $177,429 $185,198 +4

It is nice to see positive percentages in number of sales across almost the entire board. Prices appear to be increasing at sustainable rates.  Holland, Sauatuck seems to be lagging a bit, but will hopefully turn soon. Take a look at the greater Grand Haven Real Estate market, finishing the year strong with an impressive increase of sales by 12%.

Possible new rental rules for Grand Haven area

The Grand Haven area is a very desirable area that attracts a lot of tourism. According to a City Council member, short term rentals in the area are on a steady up rise. Since April, they have increased by 7.5 percent. The city council has implemented a temporary moratorium on new short-term rental regulations to allow for further inspection and consideration of capping the number of short term rentals.

rentals are on the up rise

rentals are on the up rise

According to Bradley A. Fowler in an article found in the Grand Rapids Legal News, home rental companies such as VRBO, HomeAway, and Airbnb are surpassing in number and scale to some of the largest hotel chains. It use to be that short-term rentals were predominately found in peak tourism areas and seasons. Now all kinds of travelers are passing on the classic hotel and looking for a unique and more cost-effective lodging option. Chances are if you look at any of the home sharing sites, you will find a few in your community. This is causing some issues that some say need to be addressed. According to Vacation Rentals: Regulations, Standards & Practices Blog, opponents of short term rentals say that it is promoting unlawful renting and removes affordable housing that would typically be on the market. They also claim that short term rentals are taking away from the character and integrity of neighborhoods with sudden surges of unfamiliar people and nuisances. Proponents of short term rentals say that they rely on rentals for income and help increase tourism in their area by promoting their rental and all that the area has to offer.