A contract for deed is a way to buy property without a traditional mortgage. Instead of borrowing from a bank, the buyer makes payments directly to the seller over time. The buyer may move into the property right away, but the seller usually keeps legal title until...
Real Estate
3 ways commercial leases differ from residential leases
Entrepreneurs and those with expanding businesses often sign leases for operating space. If they have previously rented a home, they may take for granted that the commercial lease largely mirrors a residential lease. Commercial leases tend to be far more complex than...
What Minnesota buyers should know about title searches
You found a home you love, the seller accepted your offer and now the closing process begins. Before the keys change hands, one step can decide whether the deal moves forward: the title search. If a problem appears in the property’s history, such as an unpaid lien, a...
The main risk when bidding aggressively on a house
Navigating the real estate market can be difficult. Buyers might view multiple properties that don't suit their needs before they find a single home that does. They may quickly realize that they are not the only ones interested in that property. Buyers hoping to stand...
2 common types of contingency clauses
For many people, buying a new home is the most significant purchase they will ever make. Even for a relatively small house, the cost can be well over $100,000. All monetary purchases are government by contract law, and real estate transitions are no exception....
What are boundary disputes?
Neighbors in Minnesota frequently manage to get along without issue. Some opt to become friends, while others choose to keep to themselves. Unfortunately, there are occasions where neighbors simply cannot get along. The reasons for this can vary, but they often...
What to know about variances
Communities in Minnesota and throughout the country typically have rules about where a home or building can be located. This is generally done in an effort to maximize residential and commercial property values. An individual who wants to use a property for a purpose...

