Most residential real estate purchase agreements in Minnesota offer the buyer and seller the option of agreeing to real estate arbitration, rather than a trial in court, as a way of resolving disputes. As with all choices in life, there are positives and negatives to selecting arbitration. First, it is important to understand that your…
Continue ReadingSellers of Minnesota real estate must make a seller disclosure. Minnesota law requires that all sellers of residential property disclose to prospective buyers all “material facts” that could affect a buyer’s use and enjoyment of the property. Minnesota law also requires that real estate salespeople disclose to buyers material information that they may know about…
Continue ReadingMost people come to own real estate the old fashion way: They buy the property from the owner. In exchange, they usually receive a deed conveying title to the property. But, a conveyance is not the only way to acquire real property. People also come to own real property through adverse possession. This article will…
Continue ReadingThe Minnesota Supreme Court has adopted a slightly stricter standard for bringing adverse possession claims. In St. Paul Park Refining Co. LLC v. Brian Domeir, a decision handed down on November 4, 2020, the Minnesota Supreme Court held that a claim for adverse possession of any portion of a separately assessed parcel requires that the…
Continue ReadingPractical location is a legal doctrine that can be used to establish a new location of a property boundary. The doctrine may be used to establish a boundary line where none can be located or agreed upon. More commonly, however, the doctrine is used to change a boundary line from what is reflected on a…
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