Exeland Landlord-Tenant Lawyer, Wisconsin
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Ladysmith, WI 54848
Profile LAWPOINTS™29/100
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Howard E. Hanson
Business, Wills & Probate, Commercial Real Estate
Status: Inactive Licensed: 55 Years
Hayward, WI 54843
Profile LAWPOINTS™19/100
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Ward Wm Winton
Commercial Real Estate, Family Law, Estate Planning
Status: In Good Standing Licensed: 48 Years
15842 W 2nd St, Hayward, WI 54843
Profile LAWPOINTS™24/100
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1894 21 1/2 St, Rice Lake, WI 54868
Profile LAWPOINTS™24/100
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Gerald L. Liden
Wills & Probate, Commercial Real Estate, Municipal
Status: Inactive Licensed: 65 Years
Barron, WI 54812
Profile LAWPOINTS™19/100
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LEGAL TERMS
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.
LOAN BROKER
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.
DEVISE
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.
STATUTE OF LIMITATIONS
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For... (more...)
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For example, many states require that a personal injury lawsuit be filed within one year from the date of injury -- or in some instances, from the date when it should reasonably have been discovered -- but some allow two years. Similarly, claims based on a written contract must be filed in court within four years from the date the contract was broken in some states and five years in others. Statute of limitations rules apply to cases filed in all courts, including federal court.
COOLING-OFF RULE
A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-d... (more...)
A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling-off rules apply this three-day grace period to sales made door-to-door and anywhere other than a seller's normal place of business, such as at a trade show. Another federal cooling-off rule lets you cancel a home improvement loan or second mortgage within three days of signing. Various states have cooling-off rules that sometimes apply even longer cancellation periods to specific types of sales, such as dancing lessons and timeshares.
FORFEITURE
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the lan... (more...)
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Or, you may have to forfeit your driver's license if you commit too many moving violations or are convicted of driving under the influence of alcohol or drugs.
EXCULPATORY CLAUSE
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by t... (more...)
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord's actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them.
NUISANCE
Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, every... (more...)
Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, everything from a chemical plant's noxious odors to a neighbor's dog barking. The former would be a 'public nuisance,' one affecting many people, while the other would be a 'private nuisance,' limited to making your life difficult, unless the dog was bothering others. Lawsuits may be brought to abate (remove or reduce) a nuisance. See quiet enjoyment, attractive nuisance.
LIMITED EQUITY HOUSING
An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with ... (more...)
An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment. The catch is that when the owner sells, she gets none of the profit if the market value of the unit has gone up. Any profit returns to the organization that built the home, which then resells the unit at an affordable price.
SAMPLE LEGAL CASES
Boelter v. Tschantz
... 1 HOOVER, PJ. Terri Boelter appeals a judgment, and an order denying her motion for
reconsideration, entered after a trial de novo on claims against her landlord. ... 2006), which provides:
A landlord may withhold from a tenant's security deposit only for the following: . . . . ...
MARYLAND ARMS LTD. PARTNERSHIP v. Connell
... is void; (2) § 704.07(3) makes Cari Connell responsible for damages only when she is negligent
or improperly uses the rented premises, and she was not negligent, nor did she improperly use
the premises; and (3) the clear implication of § 704.07 is that the landlord is obligated ...
PUCCETTI v. Olsen
... Both hornbook law and the statutes provide that when a landlord accepts the tenant's surrender
of the lease, he forfeits his right to future rents and damages; therefore, we reverse. ... Id. ¶ 11 We
rejected Tully's arguments. First, we restated hornbook landlord/tenant law. ...
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