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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Real Estate Law
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Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

800-872-9610
1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Accident & Injury
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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

Steven M. Graffunder

Banking & Finance, Commercial Banks, Commercial Leasing, Commercial Real Estate

Status: In Good Standing

CONTACT

6900 Wedgwood Road, Osseo, MN 55311

Scott L. Anderson

Premises Liability, Traffic, DUI-DWI, Wrongful Death, Accident & Injury

Status: In Good Standing

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4101 Sunset Rd, Minneapolis, MN 55443

Matthew Doherty

Construction, Commercial Real Estate, Collection, Litigation

Status: In Good Standing Licensed: 19 Years

FREE CONSULTATION

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3555 Plymouth Boulevard, Plymouth, MN 55447

Margaret Shannon Snoeren

Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 27 Years

CONTACT

15600 26Th Ave N, Minneapolis, MN 55447

Todd R Haugan

Commercial Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing

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746 E Mill St, Wayzata, MN 55391

James J Pauly

Commercial Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

12161 Lily Street N.W., Minneapolis, MN 55433

James J Pauly

Commercial Real Estate, Wills & Probate, Sexual Harassment, Consumer Rights

Status: In Good Standing Licensed: 45 Years

CONTACT

12161 Lily Street N.W., Minneapolis, MN 55433

Michael Scott Redden

Tax, Commercial Real Estate, Estate, Pension & Benefits, Business & Trade

Status: In Good Standing

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600 Highway 169 S, Saint Louis Park, MN 55426

William M Hansen

Commercial Real Estate, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

CONTACT

7500 Olson Memorial Highway, Minneapolis, MN 55427

800-923-0641

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LEGAL TERMS

INVEST

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of ... (more...)

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of that office. (2) To contribute money to a business venture, or to buy property or securities, with the intention and expectation of making a profit.

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

ANNUAL MEETING

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.

GOODS & CHATTELS

See personal property.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

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.

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.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

Saint Michael Real Estate Other Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Steven M. Graffunder

Scott L. Anderson

Matthew Doherty

Margaret Shannon Snoeren

Todd R Haugan

James J Pauly

James J Pauly

Michael Scott Redden

William M Hansen

TIPS

LEGAL TERMS

INVEST

QUITCLAIM DEED

ANNUAL MEETING

GOODS & CHATTELS

FORECLOSURE

SERVIENT TENEMENT

MONTH-TO-MONTH TENANCY

BASIS

NET LEASE

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