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Minnesota Real Estate Disclosure Laws
January 20, 2020Virtus LawNo CommentsCategories: Articles, Real Estate

Minnesota Real Estate Disclosure Laws

When it came time to buy a house, Jordan and Kaylie were at a loss. They had never bought anything so important or so costly. After their offer was accepted, they began wading through the paperwork. T...

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Real Estate: What Role Does It Play in Your Estate Plan?
December 30, 2019Virtus LawNo CommentsCategories: Articles, Estate Planning, Real Estate

Real Estate: What Role Does It Play in Your Estate Plan?

For many people, real estate may be their largest asset. Real estate holdings, whether commercial or residential, tend to be high ticket items with lasting value. Doesn’t it make sense, then, that y...

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Real Estate Closing
August 21, 2018Virtus LawNo CommentsCategories: Articles, Real EstateTags: Closing Agent, Closing Date, Closing Disclosure, Real Estate Closing, Wet Funding

What to Expect at a Real Estate Closing

Striking a deal to buy or sell real property sets other processes in motion. Whether you are the buyer or the seller, you may be involved with lenders, closing agents, real estate agents, attorneys, i...

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March 28, 2018Virtus LawNo CommentsCategories: Articles, Estate Planning, Real EstateTags: Beneficiary Deed, Estate Planning

Beneficiary Deeds: Are They Right for You?

Estate plans are not a one-size-fits-all game. You may need a simple Will for a simple estate. People with more complex estates need an estate plan that covers all the bases. Advanced estate plans may...

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Protecting Your Intellectual Property
February 21, 2018Virtus LawNo CommentsCategories: Articles, Real Estate, TaxTags: Appeal, Property Tax, Real Estate, Tax Assessment

Appealing a Property Tax Assessment

For many people, real property makes up a large part of their portfolios. The assessment made every year by the Minnesota Revenue affects the value of the real property and the property owner’s annu...

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Setting up and Governing an HOA
August 16, 2017Virtus LawNo CommentsCategories: Articles, Real EstateTags: Home Owners Association

Setting up and Governing an HOA

In Minnesota, home owners associations (HOAs) are often set up by the original developer of a neighborhood or condominium, although in some cases they are set up retroactively by home owners. They for...

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Coupling Title Insurance with Legal Representation
July 21, 2017Virtus LawNo CommentsCategories: Articles, Real EstateTags: Home Purchase, Real Estate, Title Insurance

Coupling Title Insurance with Legal Representation

When you start the process of purchasing a home, you may want to consider using an attorney to handle the transaction. An attorney can answer questions for you about your legal rights throughout the p...

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Collect Rent That’s Past Due
July 5, 2017Virtus LawNo CommentsCategories: Articles, Real EstateTags: Landlord, Rent, Tenant

Collect Rent That’s Past Due

Renting property can be a lucrative business, but it has its own set of laws and rules that landlords must comply with when handling tenants. One common question new landlords often ask is how to coll...

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An Overview of Landlord Tenant Law
June 28, 2017Virtus LawNo CommentsCategories: Articles, Business, Real EstateTags: Landlord, Lease, Rental Agreement, Rental Property, Tenant

An Overview of Landlord Tenant Law

Becoming a residential or commercial landlord is a decision that should be embarked upon only after having some understanding of the details of Minnesota landlord tenant law.  Unfortunately, the law ...

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Minnesota Mechanics Lien Basics
June 23, 2017Virtus LawNo CommentsCategories: Articles, Business, Real EstateTags: Construction Contract, Mechanics Lien, Preliminary Notice

Minnesota Mechanics Lien Basics

If you work in the construction industry, you need to be familiar with the reasons and process for filing a mechanics lien. Construction law and the related contracts can be complex and making a mista...

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