Legal Question in Real Estate Law in Michigan
Type Your Question Here...IS IT REQUIRED TO RECORD A COMMERCIAL LEASE IN MICHIGAN FOR THE AGREEMENT TO BE BINDING
Asked on 7/17/17, 8:10 am
1 Answer from Attorneys
Brad Lambert
Lambert & Lambert PLC
No - presuming the Lease is signed and delivered, it will still be binding between the parties even without recording. Recording the Lease will put other parties on notice, which is sometimes useful to the tenant. The Lease may, however, bar recording the Lease in its entirety.
Answered on 7/17/17, 8:18 am