Safeguarding Your Rights And Future In Legal Storms
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 be aware of any easements…
A contract for deed might help you if you’re unable to qualify for a traditional bank loan to buy your commercial real estate property. It can also help you if you’re looking to receive financing quicker. At the Lang Law Office, we help our clients with the legal aspects of their financing deals. We ensure that they are fairly treated…
Most Minnesota home sellers want to sell their homes as quickly as possible for a fair price. One way to speed up the selling of your home is to spruce up your landscaping. The plants and trees around your house make for a beautiful frame. When you have nice landscaping, your home looks more luxurious and more people will usually…
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 land that the real estate…
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 in court. Whether arbitration presents…
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 spent approximately $5.5 million in…
The last thing you want to do as a homebuyer is purchase a residence that has a severe unidentified problem. Not recognizing a serious problem could cause you a lot of money and stress later on down the road. This article will describe a 10-point checklist that you can use to ensure that you’ve covered all your bases before investing…
Whether you have been leasing properties for decades or only a year or two, it can be easy to slip up and make little mistakes. When it comes to properties and contracts, though, the simplest mistake can become a very costly error. The best way to keep expenses low and maintain your good reputation is to avoid many of the…
Businesses that own their place of business and homeowners may fall behind on mortgage payments for a variety of reasons. Regardless how it happens, if you’ve fallen behind on payments for a piece of real estate that is now under the threat of being foreclosed, you might not have to lose the property. At the very least, you might be…
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 during the purchase of the…