|
|
|
Legislative Updates>
REIA of Oakland Legislative Update for June 2006
1 Jun 2006
WHAT¹S HAPPENING AROUND THE STATE OF MICHIGAN -JUNE, 2006 by Don Eichstaedt, Secretary, Rental Property Owners Assoc. of Michigan (RPOAM) 2006 RPOAM ANNUAL CONFERENCE - IT IS TIME TO SIGN UP FOR THE CONFERENCE AND GET YOUR HOTEL ROOM!! THEME ³ SOAR HIGHER, INVEST SMARTER & MANAGE BETTER² Sept. 29 & 30, 2006 in Lansing, Michigan at Holiday Inn-South Convention Center Featuring: Creative Landlording by Jeffrey Taylor, Goldmine of Tax Strategies by Albert Aiello Big profits in Real Estate by Robert Shemin Off-Shore Investment Opportunities by Elliott Financial Rehabbing for Real Money by Robyn Thompson Legislation & Grassroots Lobbying by Jim Crawford NaREIA National Benefits by Rebecca McLean Cost: $89.00 single; $99.00 double To Register: call: 800-701-7762 Hotel Room: call: 517-694-8123 LEGISLATION DAMAGE RECOVERY BILL (HB 4171) - The governor has signed this bill it is now P.A. 147. It goes into effect on July 1, 2006. This law will allow a rental property owner, OR tenant to collect money from the other party for repairs made with their labor. This would include tenant damages OR essential habitability repairs a tenant has requested in writing and the property owner failed to do. This will only apply to Landlord/Tenant court cases for eviction and damages. It will take a while to develop; i.e., how much is your time worth on an hourly basis? We suggest that you contact your local court administrator and suggest to them that they consider using Insurance Company Labor Standards. (The same as is used to repair a house with insurance coverage.) EMINENT DOMAIN ABUSE - The House is holding hearings on this bill. SMALL BUSINESS TAX (SBT) - A proposal to ³sunset² the SBT on 12/31/07 is on the November ballot. At this time the legislature has no replacement income proposal; it may propose a service tax. RPOAM-PAC - Mr. Powell reminded all members throughout the state that the elections coming up in November will be important for Rental Property Owners. Our PAC fund is low. All Associations are urged to collect PAC donations from their members and forward them to Mr. Powell at 1459 Michigan Street, NE, Grand Rapids, MI, 49503; tel:616-454-3385. Associations are requested to add a $10.00 PAC donation to their application total, but allow members to opt out of the donation if they so desire. LOCAL ISSUES Benton Harbor (Southwestern Landlord Assoc.) The association is working with the new local politicians on the lead issue. Battle Creek - The city has a new ordinance that requires a house that is vacant for more than 28 days must be registered with the city at a cost of $40.00 per month. Big Rapids - The fire department is requiring larger windows in older houses and apartments so that a fireman can get inside with oxygen tanks on his back. Some owners are resisting due to the cost and may sue in court. Flint (Genesee County) is suing the city again over their water affidavit. They have a dispute over the cost of replacing stolen water meters. The association also helped the city write a new inspection ordinance. Lansing - The city has passed a ³Landlord² registration program that starts in Jan 2007. Oakland County - The Reia of Oakland Pontiac Subgroup is developing cost information so they can proceed with the suit against the city for ³Condemnation Without Due Process². 2003 Michigan Building Codes - There is now a Michigan Rehabilitation Code Book (an orange book @ $48.00) in addition to the Michigan Building Code Book and the Michigan Property Maintenance Code Book to guide your work (and the city inspectors), besides the professional code books, plumbing, electrical, etc. There are 3 levels of rehab work covered by the Code: 1) - minor - carpet, paint, etc; 2) new drywall,etc; and 3) major - ³out to the studs², move walls etc, - NO exterior changes. All of these codes are based on the International Codes as revised by the State of Michigan; there are other International codes that are not specific to Michigan. These books can be bought from several sources including: Bookmark Inc.; tel: 888-422-7233; web: http://www.iccsafe.org/. Generally you can also check these code books out from your local library. Next RPOAM Meeting: TBD RPOAM WEB SITE: Check out at: http://reiawaynecounty.org/rpoam_michigan.html
500,000 page views and counting!
Web design and maintenance by Rick Pridemore © 2008
|
|