In MN if one party wishes to buy out the other what is the formula for the payout?

The answer to your question is not as easy as it seems. Is this a residential property or a commercial property? Did both parties contribute...

Home renovation contract

Most remodelers in Minnesota are required to be licensed. You can check the Department of Labor website to see if they are licensed (their license...

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The contract for deed signed by the parties will control but generally a seller on a contract for deed can cancel a contract for deed if the buyer...

Bank billboard/sign on my property for 5 years despite repeated request to remove. Can I be compensated?

My suggestion is to first send a letter to the bank demanding that they remove their sign and compensate you for the time that they have wrongfully...

I bought a townehome with my partner 4or 5 years ago. My name is on the deed but not on the morgage.

In Minnesota you can bring a lawsuit called a "Partition Action" to have the court determine what your interest is in the property and to divide...

If someone is not present on the lease, may they live on the property?

Without seeing your lease it is impossible to provide a clear answer. That being said, generally the lease will have terms that state who can live...

I am one month behind in my mortage payment due to job loss and reduction of income. How long before forclouser takes affect.

Once you are in default the lender can start a foreclosure at any time even if you are trying to obtain a loan modification. As a practical...

Are there lawyers in minneapolis MN who can assist with loan modification on primary home and are there any fee?

The Nash & Lodge law firm negotiates loan modifications. The first questions that needs to be answered is whether a loan modification is a real...

Judgement and a notice of dismissal

The general rule is that if there is a Notice of Dismissal without Prejudice, the plaintiff can still sue you. If the Dismissal is with Prejudice...

Can rent out my home if I know it will go into foreclosure?

Until the lender forecloses and the period of redemption ends (normally 6 months after the Sheriff's Sale) you have all rights of ownership of the...