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  2. 425 Agreement - Wikipedia

    en.wikipedia.org/wiki/425_Agreement

    425 Agreements can be effective for many decades. At the end of the term of the agreement, the agreement itself defines what should happen to the affected land at the termination of the contract. The law permits for the parties to agree for the land to revert to the original party or permanently attached to the other party.

  3. Detroit Land Bank Authority - Wikipedia

    en.wikipedia.org/wiki/Detroit_Land_Bank_Authority

    The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...

  4. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...

  5. Land banking - Wikipedia

    en.wikipedia.org/wiki/Land_banking

    Land banking originated in the 1920s and 1930s as a means of making low-priced land available for housing and ensuring orderly development. [2] The period of deindustrialization in the United States coupled with increased suburbanization in the middle of the 20th century left many American cities with large amounts of vacant and blighted industrial, residential, and commercial property.

  6. Michigan, the last state to still prohibit surrogacy ... - AOL

    www.aol.com/michigan-ends-ban-surrogacy...

    Michigan’s 1988 ban on surrogacy contracts came about, in part, as a response to the so-called “Baby M” legal case. At the time, the state was home to the world’s largest surrogate clinic ...

  7. Michigan Department of Labor and Economic Opportunity

    en.wikipedia.org/wiki/Michigan_Department_of...

    The Michigan Strategic Fund would take over the State Land Bank Fast Track Authority from the Michigan State Housing Development Authority. [4] The Michigan Department of Talent and Economic Development came into existence on March 16, 2015 with the department's first director being Steve Arwood, concurrently CEO of the MEDC. TIA's first head ...

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