Cochrane Real Estate Lawyer, Wisconsin


Garett T. Pankratz Lawyer

Garett T. Pankratz

VERIFIED
Accident & Injury, Business, Estate, Workers' Compensation, Real Estate

Garett joined the firm in 2012 and practices mostly in the area of workers‘ compensation and personal injury. He enjoys hunting, fishing, hiking,... (more)

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608-784-3540

Ernest O. Hanson

Estate Planning, Real Estate
Status:  In Good Standing           

FREE CONSULTATION 

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Roger M Hillestad

Real Estate, Wills & Probate, Trusts, Criminal
Status:  In Good Standing           Licensed:  37 Years

Glenn M. Stoddard

Land Use & Zoning, Environmental Law, Employment, Civil & Human Rights
Status:  In Good Standing           Licensed:  30 Years

Heather Pauls

Family Law, Employment, Real Estate, Government
Status:  In Good Standing           

Erwin H. Steiner

Real Estate, Employment, Corporate, Business
Status:  In Good Standing           Licensed:  55 Years

Lee J. Fehr

Accident & Injury, Bankruptcy, Estate, Real Estate
Status:  In Good Standing           Licensed:  35 Years

Lucy A Bjork

Real Estate, Lawsuit & Dispute, Divorce & Family Law, Bankruptcy
Status:  In Good Standing           Licensed:  39 Years

Raymond K. Hughes

Tax, Real Estate, Estate, Employment, Divorce & Family Law
Status:  In Good Standing           Licensed:  32 Years

Eric Wiechert

International Tax, Construction, Bankruptcy
Status:  In Good Standing           

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)
A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

VARIANCE

An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in acco... (more...)
An exception to a zoning ordinance, usually granted by a local government. For example, if you own an oddly shaped lot that could not accommodate a home in accordance with your city's setback requirement, you could apply at the appropriate office for a variance allowing you to build closer to a boundary line.

REAL ESTATE

Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called ... (more...)
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

MONTH-TO-MONTH TENANCY

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper am... (more...)
A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

CONSTRUCTIVE EVICTION

When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or ... (more...)
When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or water or refuses to clean up an environmental health hazard, the tenant has the right to move out and stop paying rent, without incurring legal liability for breaking the lease.