Property and real estate laws typical concern things like landlord-tenant relations, homestead protection from creditors, and related matters. Laws regulating the rental market protect both landlords and tenants. In Michigan, for example, landlords must return a tenant's security deposit within 30 days of the termination of the lease. Michigans' homestead protection law allows an individual to claim a portion of his or her property as off limits to creditors if that portion of the property is valued at less than $3,500.
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