Friesland Eminent Domain Lawyer, Wisconsin
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John A. Kassner
Complex Litigation, Eminent Domain, Land Use & Zoning, Real Estate
Status: In Good Standing
2501 Parmentar St., Middleton, WI 53562
Profile LAWPOINTS™47/100
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Matthew J. Fleming
Eminent Domain, Alcoholic Beverages, Criminal, Discrimination
Status: In Good Standing Licensed: 26 Years
33 E Main St, Madison, WI 53701
Profile LAWPOINTS™35/100
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LEGAL TERMS
SHORT SALE (OF HOUSE)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).
NONCOMPETITION AGREEMENT
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.
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.
QUANTUM MERUIT
The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.
APPRECIATION
An increase in value. Appreciated property is property that has gone up in value since it was acquired.
ADVERSE POSSESSION
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.
GOODS & CHATTELS
See personal property.
HOME WARRANTY
A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The w... (more...)
A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.
EXECUTRIX
An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or femal... (more...)
An old-fashioned term for a female executor--the person named in a will to handle the distribution of the deceased person's property. Now, whether male or female, this person is called either the executor or the personal representative.
SAMPLE LEGAL CASES
Andrews v. Wisconsin Public Service Corp.
... 7 Wisconsin courts have long recognized that the right to eminent domain cannot be abrogated
by contract. City of Milwaukee v. Schomberg, 261 Wis. ... (citing 1 NICHOLS ON EMINENT DOMAIN
75-76, § 22 (2d ed.1917)). ¶ 9 The rule described in Schomberg remains the law. ...
Buckett v. Jante
... 5 In 2005, the Wisconsin Department of Transportation sought to condemn and purchase the
parcel through an eminent domain proceeding for another road construction project. Initially,
the DOT looked at Racine county's records and thought Buckett owned the property. ...
City of Milwaukee v. Redevelopment Auth.
... We begin our analysis with a brief review of the history of the unit rule. ¶ 9 The unit rule "requires
that real estate be valued in respect to its gross value as a single entity as if there was only one
owner." 4-13 NICHOLS, EMINENT DOMAIN § 13.01[16] § 13-28. ...
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