Bloomfield Hills is a city in Oakland County of the U.S. state of Michigan, 20.2 miles (32.5 km) northwest of downtown Detroit. As of the 2000 census, the city population was 3,940. Bloomfield Hills consistently ranks as one of the top five wealthiest cities in the United States with population between 2,500 to 9,999 — it currently is listed at the number four position and in 1990 it was ranked number two, and has the highest income of any city outside of California or Florida. The median income for a family is over $200,000. 49% of homes in Bloomfield Hills have a value of over $1,000,000.
What is real estate law?
Real Estate Law refers to laws and regulations that regulate land and things permanently fixed to the land such as a building. Real estate is synonymous of real property and sometimes called realty. Real estate lawyers deal with issues as varied as real estate transactions, as in the sale and purchase of real estate, construction defects, landlord-tenant disputes, eminent domain, 1031 exchanges, foreclosures and mortgage law to name a few.