Melrude Real Estate Lawyer, Minnesota

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Amber D Pederson

Wills & Probate, Litigation, Adoption, Landlord-Tenant
Status:  In Good Standing           Licensed:  18 Years

Andrew Robert Peterson

Real Estate, Divorce, Criminal, Accident & Injury
Status:  In Good Standing           Licensed:  23 Years

Angela Erickson Sipila

Landlord-Tenant, Litigation, Family Law, Elder Law, Divorce & Family Law
Status:  In Good Standing           

Alicia Lee Cope

Real Estate, Estate
Status:  In Good Standing           Licensed:  26 Years

John F Cope

Real Estate, Elder Law
Status:  In Good Standing           Licensed:  50 Years

Joel Ben Lewicki

Commercial Real Estate, Wills & Probate, Criminal, Business
Status:  In Good Standing           Licensed:  9 Years

Michael Kevin Kearney

Real Estate, Government, Employment, Criminal
Status:  In Good Standing           Licensed:  39 Years

Michael J Patchin

Real Estate, Estate, Business
Status:  In Good Standing           Licensed:  48 Years

Sam A Aluni

Real Estate, Government, Civil & Human Rights, Business
Status:  In Good Standing           Licensed:  47 Years

James Joseph Vollstaedt

Real Estate, Lawsuit & Dispute, Estate, Divorce & Family Law
Status:  In Good Standing           Licensed:  12 Years

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

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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.

SECURITY DEPOSIT

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or le... (more...)
A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.

PRECEDENT

A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judg... (more...)
A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judges deciding similar issues in later cases. Lower courts must apply these rules when faced with similar legal issues. For example, if the Montana Supreme Court decides that a certain type of employment contract overly restricts the right of the employee to quit and get another job, all other Montana courts must apply this same rule.

LANDLORD

The owner of any real estate, such as a house, apartment building or land, that is leased or rented to another person, called the tenant.

LIFE TENANT

One who has a life estate in real property.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)
An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)
A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)
A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.

ACT OF GOD

An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense aga... (more...)
An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense against liability for injuries or damages. Under the law of contracts, an act of God often serves as a valid excuse if one of the parties to the contract is unable to fulfill his or her duties -- for instance, completing a construction project on time.

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