It seems like a growing trend for people to buy a home prior to marriage or possibly with the intent of never getting married. Divorce can be an awful experience but at least there is a lot of legal precedent about how to resolve home ownership, possession and debts after the divorce. If you ... continue reading »
Articles Categorized as Real Estate
Agreements Related to Real Estate
Many have heard of the Statute of Frauds; the main focus of this statute is that agreements related to land need to be in writing to be enforceable. Here are some common scenarios that are not often reduced to writing and can lead to problems.
Encroachment Issues: Neighbors often know an... continue reading »
Residential Real Estate Transactions – Seller’s Disclosure Obligations
Many of us have gone through the process of listing and selling a home. We understand the basic agreements and documents that are needed, and these are commonly a listing agreement, purchase agreement, settlement statement, and eventually a deed that conveys title to the real estate from seller t... continue reading »
Joint Tenancy
If you title your home or bank account with another person as joint tenants, the law is clear that the surviving owner automatically takes title upon the first owner’s death without probate. Sounds great and is the right choice is some cases. This way of titling assets often works well with s... continue reading »
Home Construction (Part 2)
In a past article we wrote about how to review a home construction contract. A reader asked for a follow up article on claims or issues you may have after you move in. Here’s a few pointers:
If you buy an existing home from a prior homeowner, y... continue reading »
Home Construction (Part 1)
With an improving economy we are seeing more home construction. Many contracts for new construction or remodeling are very hard to enforce if things go wrong. The following is a list of things you should understand as a homeowner.
The first issue is pretty simple, a written contract sh... continue reading »
Evictions
I represent a lot of landlords around the area and while some are very familiar with the eviction process, others are not. Today’s article will focus on the eviction process and what to expect when a landlord wishes to terminate a lease agreement with a tenant.
The most common form of ev... continue reading »
Building on the Lake
There are many potential issues for building on a lake. Most people understand that there are setback rules for lot lines, roads and lakes. As to lakes, the distances vary depending on the lake classification. Even when you know your classification, the setback is not from the water’s edg... continue reading »
Mineral Rights, Restrictions and Reservations
Many people take title subject to mineral rights or other restrictions. Most people ignore the details and some worry too much. Here’s the basics you should know about your land or property you are looking to buy.
Minerals – Many titles, especially in Northern Minnesota, are divide... continue reading »
Rental Property
With an improving economy people are again looking at buying rentals as another source of investment income. Although I personally like the added control of owning and managing your own investment, there are some things to consider:
Get a security deposit. It’s common to have some ne... continue reading »