Go to Homepage
Blog
330 East Kilbourn Avenue, Suite 1170
Milwaukee, WI 53202
Gimbel, Reilly, Guerin & Brown, LLP

EmailEMAIL US

Phone414-271-1440

Subscribe to this list via RSS Blog posts tagged in real estate

Milwaukee real estate litigation attorneyBy Attorney Christopher M. Hayden

Real estate transactions can be very complicated, and there are multiple types of legal issues that buyers and sellers will want to be aware of. Easements are one issue that will affect how a piece of property can be used. If easements are not properly disclosed during a transaction, real estate litigation may be required to address this issue.

Understanding Easements

An easement is a legal agreement that gives a person, company, or organization the right to use someone else’s property. Easements come in several forms, including:

...

Milwaukee, WI real estate lawyer for breach of contract litigationBy Attorney Russell J. Karnes

When homebuyers and sellers sign a real estate purchase agreement, they enter into a legally binding contract, the terms of which both parties are expected to uphold. Many real estate transactions are completed without issue, but if you find yourself in a situation in which the other party has failed to follow through on the agreement, you may be able to pursue remedies through a lawsuit for breach of contract with the assistance of a real estate litigation attorney.

Examples of Breaches of Real Estate Purchase Contracts

Typically, the most important provisions of a real estate purchase agreement are the agreed-upon purchase price for the home and the closing date, or the date on which the transaction will be finalized. If the seller fails to complete the sale or the buyer fails to complete the purchase by the agreed-upon closing date, they may be in breach of contract. A breach of contract can also be related to other terms of the contract, such as the seller’s agreement to include certain items in the sale or provide a clear property title to the buyer.

...

Milwaukee, WI residential real estate lawyer for seller disclosuresBy Attorney Russell Karnes

The purchase of a home is a complex process that has a significant impact on both the buyer and the seller. As such, a successful purchase requires a certain level of transparency and trust between the two parties. When a buyer or seller does not act in good faith or fails to fulfill an obligation, major obstacles to the sale can arise, not to mention legal issues that often must be resolved through real estate litigation. One such issue that Wisconsin home buyers and sellers should be aware of is the seller’s failure to make required disclosures about the property.

What Does a Seller Need to Disclose?

In Wisconsin, once a buyer and seller agree to a purchase contract for a residential real estate property, the seller is usually required to complete a Real Estate Condition Report and provide it to the buyer within 10 days. In the report, the seller must disclose any known defects in or on the property that would have a significantly adverse impact on its value, expected lifespan, or the health and safety of its occupants. The disclosure form includes questions regarding defects in a variety of categories, including but not limited to:

...

Milwaukee property tax assessment attorneyBy Russell J. Karnes

Residents and commercial property owners across Milwaukee and Wisconsin are in sticker shock after receiving notices of huge increases in real estate property tax assessments in the mail. Property owners must be left to wonder: what in the world is the assessor thinking? Milwaukee’s assessors, in particular, could not have sent their revaluation notices at a worse time. While the COVID-19 (Coronavirus) pandemic has shuttered many businesses and put people out of work, property owners are looking for ways to cut expenses to keep their homes and maintain tenants. Property owners are now left to worry about the potential for big increases in next year’s property tax bills because of higher assessments.

While Wisconsin property owners have little or no control over tax rates, the time to object to property tax assessments and challenge assessed values is now.

...

Milwaukee, WI real estate litigation lawyers for adverse possessionBy Attorney Russell Karnes

Adverse possession, also loosely described as “squatter’s rights,” allows trespassers who openly inhabit a piece of property to gain possession of that property if they meet certain conditions. In other words, if a trespasser devotes enough time caring for a piece of property that the owner has abandoned or possibly forgotten about, and the owner makes no opposition to the trespasser and his/her actions, a court may award ownership of the property to the trespasser. To resolve issues related to adverse possession, it is important to work with a qualified real estate attorney.

Wisconsin Adverse Possession Laws

According to Wis. Stat. § 893.25, an individual must occupy property publicly for at least 20 years before ownership can be granted. In addition to this requirement, a person who wishes to gain possession of property must typically prove the following factors:

...
Back to Top