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GRAND RAPIDS, MI – Buying a abode or acreage on the baptize is a dream captivated by abounding Michiganders.

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But it additionally can be a acknowledged daydream for buyers who don’t apperceive the nuances and pitfalls of owning acreage on the water.

“There are so abounding pitfalls associated with bank acreage that are not the case in commendations to dry land,” said Cliff Bloom, a Grand Rapids advocate and columnist of the book, “Buying and Selling Bank Acreage in Michigan.”

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“One of the aboriginal questions to ask is if it absolutely is bank property,” said Bloom, who will be allotment of a chargeless branch for owners and ambitious owners of bank acreage on April 13.

Hosted by Patriot Realty, which specializes in bank acreage throughout West Michigan, the branch will be captivated from 10 a.m. to apex at Northwood University, 515 Michigan St. NE. For anxiety and added information, acquaintance Jeannine Lemmon at 616-956-7676.

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Buyers of bank acreage charge be abiding their acquirement acceding gives them an out if the acreage does not alive up to its listing, said Bloom, who additionally is accepted acknowledged admonition for the Michigan Lake & Stream Associations, Inc. and co-counsel for the Michigan Bank Alliance.

Among the issues adverse bank acreage owners are admission rights, berth limitations, accomplishment restrictions, “land gaps” that can block admission to the baptize and “easements” that can admission access, said Bloom.

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Buying a cottage with affairs to alter it with a new architecture additionally can be restrictive, Bloom said. Replacing a bootless catchbasin arrangement additionally may be restricted.

Public admission to baptize additionally can be tricky, he said. While the accessible may airing forth the aerial baptize mark on a Great Lakes beach, those rights do not extend to civil lakes, he said.

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“You accept to do your due diligence,” said Bloom, why will accept copies of his book for auction at the workshop. 



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