On December 12, 2022, co-lead counsel Aaron D. Cox and the Law Offices of Aaron D. Cox, PLLC – along with co-counsel Mark Wasvary, David Shea, Ashley Shea, Philip Ellison, and Matthew Gronda — received final judgment from a federal court judge in Detroit, Michigan approving a class action settlement of $38,000,000 on behalf of… Read more »
Author: Aaron Cox
Tips for Screening Prospective Tenants as a Landlord
When one of your apartments becomes available, you’ll need to make sure that the next tenant is reliable and responsible. Screening prospective tenants is a crucial part of this process. Nevertheless, it isn’t foolproof. If you don’t properly screen your prospective tenant, you would wind up with problems further down the line. Below are a… Read more »
Why Landlords Need a Property Management Attorney for Debt Collection Services
Working with tenants who refuse to pay you or make a mess of your property and skip town can be extremely frustrating for property owners – not to mention expensive. But if you have qualified property management attorneys by your side, you can recoup some of your losses in the future. Here’s how: You can… Read more »
What Is a Tenant Responsible for When They Move Out?
When a tenant moves out of your property, you want to ensure that your property is still in proper shape when they leave. As such, a tenant has certain responsibilities they have to take care of before they leave the premises. While all these responsibilities should be detailed in the lease, here is what a… Read more »
How Landlords Should Handle Partial Rent Payments
A partial rent payment occurs when one of your tenants pays only a portion of their monthly rent. So, for example, of a tenant’s rent is $1200 a month, but they only pay you $800, this would be a partial rent payment. While a tenant should be able to pay their full rent each month,… Read more »
Understanding the Rules of Security Deposits
Just about anyone who has rented or leased a property is familiar with the concept of a security deposit. What exactly is the purpose of this deposit and when is a tenant entitled to have it returned when they move out? We’re here to go over the basics to help you out. The uses of… Read more »
The Pros and Cons of Land Contracts
If you are buying or selling property in the state of Michigan, you can essentially cut out the middle man by handling the sale through a land contract. In such a sale, the seller sets up an installment plan though a contract with the buyer that states the price in addition to how the taxes,… Read more »
How Landlords Can End a Month-to-Month Tenancy
A month-to-month lease is exactly as it sounds—it renews every 30 days (or every month) until the tenant gives notice. However, landlords can also end a month-to-month tenancy. Here’s how: You might need a reason In most cases, a landlord can end a month-to-month tenancy without reason. However, in government subsidized housing or in mobile… Read more »
Top 3 Things Landlords Should Do Before the End of the Year
If you are a landlord or a property manager in Michigan, there are a series of steps that you should take at the end of every year to ensure that you don’t lose out on any money as you head into the new year. By squaring away old debts with your tenants and learning about… Read more »
Tax Tips for Landlords
With the end of 2022 just around the corner, it’s never too early to start preparing for tax season. Below, we discuss everything a landlord should do to prepare for their taxes: Why types of records do you need? There are two types of records you must have for tax purposes: a record of your… Read more »