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We have a longstanding tradition of local control in Michigan, and local leaders are particularly insightful in assessing issues regularly impacting their communities.
Business administration. Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
An estoppel certificate provides confirmation by the tenant of the terms of the rental agreement, such as the amount of rent, the amount of security deposit and the expiration of the agreement. [5] Further, the estoppel certificate may give the opportunity to the tenant to explain if they may have any claims against the landlord, which may ...
e. In the United States, rent control refers to laws or ordinances that set price controls on the rent of residential housing to function as a price ceiling. [ 1 ] More loosely, "rent control" describes several types of price control: "strict price ceilings", also known as " rent freeze " systems, or " absolute " or " first generation " rent ...
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A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
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