Experienced Oakland County Attorney for Land Contract Transactions
A well-drafted land contract can unlock real estate opportunities — or become a costly legal trap if a single clause is overlooked. Whether you are buying, selling or developing property, vague payment schedules, title ambiguities or weak default provisions can easily derail your investment. Every term matters.
For more than 30 years, Ray M. Toma, PC has helped buyers, sellers, developers and investors across Oakland County and Metro Detroit structure airtight land contracts that minimize risk and protect long-term financial goals.
Land Contract Planning And Drafting
Every land contract should match the goals of the transaction. A standard form may not address the issues that matter most to you.
Whether you are buying, selling or developing property, Ray M. Toma, PC, prepares land contracts tailored to your needs.
Their attorneys assist with:
- Drafting land contracts for residential and commercial properties
- Creating payment and financing terms
- Preparing agreements for builders and developers
- Adding site approval and partial release terms
- Preparing and recording Memorandums of Land Contract
- Reviewing due-on-sale clauses and existing mortgages
A carefully drafted agreement can reduce uncertainty and help avoid disputes later.
Protect Your Title And Investment
Before you sign a land contract, make sure you understand the property’s legal status and any financial obligations. Identifying issues early can help protect your investment and avoid costly delays.
Ray M. Toma, PC, attorneys conduct thorough reviews that may include:
- Title searches and title reviews
- Reviewing liens and other title issues
- Assigning responsibility for property taxes and special assessments
- Drafting insurance and escrow terms
Their attorneys identify potential concerns early so you can avoid costly surprises.
Resolving Land Contract Disputes
Even a carefully drafted land contract can lead to a dispute. Problems with payments, title or the contract can lead to legal action.
If a dispute arises, Ray M. Toma, PC, can help with:
- Land contract defaults
- Required default notices and Notices of Intent under Michigan law
- Land contract forfeiture proceedings
- Judicial foreclosures when appropriate
- Final payoff documents
- Quitclaim deeds, warranty deeds and other closing documents after the contract is paid in full
Their attorneys explain your options and recommend strategies that support your goals.
Talk To A Land Contract Attorney
A carefully drafted land contract can help reduce the risk of disputes. An experienced land contract lawyer can review your agreement, identify potential issues and help protect your investment.
Whether you are creating a new land contract or resolving a dispute, Ray M. Toma, PC, provides practical legal guidance for real estate matters. Their attorneys help with every stage of the process, from drafting the agreement to the final payoff.
Call 248-633-8654 or submit an online inquiry to schedule a consultation. From their office in Bloomfield Hills, their attorneys represent property owners, developers, builders and investors in land contract matters throughout Oakland County and Metro Detroit.