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What’s a real estate easement?

On behalf of Lang Law Office posted in Real Estate Transactions on Thursday, June 15, 2017.

A real estate easement is the right of another party to trespass on — or even use — a piece of land that someone else owns. Often, easements are owned by utility companies or municipalities so that they can build a road, lay pipe or bury electrical cables on a homeowner’s property. It’s important to… Read more »

What are real estate covenants?

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, May 05, 2017.

Real estate covenants do not apply to all property, but if one applies to your property, then you will be restricted regarding the way you alter or build your property. Two of the most important pieces of legal terminology in the realm of covenants are burdened land and benefited land. Burdened land refers to the… Read more »

Small business owners and arbitration

On behalf of Lang Law Office posted in Real Estate Disputes on Monday, April 24, 2017.

Business owners deal with contracts every day, signing agreements with employees, vendors, customers and contractors. Many still assume that if a dispute arises about any provision, they will proceed to litigate the issue in court. However, if like many arrangements today, the contract specifies dispute resolution via¬†arbitration, you may not end up having your day… Read more »

Commercial real estate renovations can be a risky bet

On behalf of Lang Law Office posted in Commercial Real Estate on Friday, April 21, 2017.

Investing in a new business property is risky and it’s never guaranteed to pan out. Investing in an old business property, and renovating it into a better one, is also a risky venture that doesn’t come with any guarantees. Nevertheless, this is what the new owners of St. Paul’s restaurant, The Lexington, have done. They’ve… Read more »

The complicated condominium: How to avoid buying one

On behalf of Lang Law Office posted in Residential Real Estate on Friday, March 10, 2017.

Most Minnesota residents who buy a condominium are excited because it appears to be a simple real estate investment — one that they don’t have worry about taking care of like a stand-alone home. Nevertheless, if you’ve never owned a condo before, you might be surprised by a few legal hurdles that could pop up… Read more »