Michigan Commercial Agency Law

Michigan Commercial Agency Law

Under Michigan law, a landlord’s agent representing a commercial property is not required to proactively disclose that they do not represent the tenant unless their actions create implied agency or the situation moves toward dual representation.

Commercial transactions are treated differently than residential transactions. The law assumes a higher level of sophistication. Agency duties are determined at the broker level, based on written agreements and disclosures, not simply by who shows the space.

From my experience, most business owners do not realize there is a difference.

Landlords have representation.

Business owners should too.

If you are touring space, ask one simple question:
Who do you represent?

It matters more than you think.

#OfficeTenantRepresentation #CommercialRealEstate #MichiganCRE”

/ Commercial Real Estate

About the Author

Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.