Michigan Court Finds Property Value Was Reduced By Mold And Other Issues

Michigan Court Finds Property Value Was Reduced By Mold And Other Issues

LANSING, Mich. - A Michigan appeals court on Jan. 22 affirmed a tribunal's decision to reduce the true cash value of a lake property because of mold and other issues, finding that the homeowners failed to support their own estimates of the properties' values (David A. Allemon, et al. v. Rose Township, Nos. 313119, No. 315306, Mich. App.; 2014 Mich. App. LEXIS 110).

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