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Security Deposits and Purchase Agreements

Most if not all developers take the position: “I will not pay any hard money until I receive my full entitlements. I am conducting tests and adding value to your property. There is no room to add non-refundable money.” Well, I can tell you from first hand experience–that is just not true. If a seller has a unique piece of property special to a developer, they will agree in purchase agreement to put up hard money in a strong market.

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Selling to a Developer? Charge for extensions in PA!!

Most if not all developers take the position: “I will not pay any hard money until I receive my full entitlements. I am conducting tests and adding value to your property. There is no room to add non-refundable money.” Well, I can tell you from first hand experience–that is just not true. If a seller has a unique piece of property special to a developer, they will agree in purchase agreement to put up hard money in a strong market.

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Eviction Actions in Minnesota: Possession & Collection

It is often said Eviction Actions/Housing Court are about “possession” not “collection.” This is true, but at a certain point a tenant with little excess cash always makes a decision/calculation: Do I pay my significant back rent and stay OR pay nothing and wait this out to the very last day (Sheriff knocking on the door), move out, save my money, and apply it to life/next housing option?

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Frey wants landlords to hand new tenants voter info

Tuesday September 15th at 1:30, a hearing is scheduled in the Community Development and Regulatory Services Committee of the Minneapolis City Council to hear a proposed ordinance that would require rental property license holders to provide information about how a voter may register in the State of Minnesota, in a manner approved by the City, to all tenants aged eighteen and older at the time of first occupancy. Council Member Jacob Frey is the author of this new ordinance. If passed, the ordinance would be before the Council as a whole on September 25th.

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Minnesota Landlord Law is the home for all things real estate law, and the law practice of real estate investor/broker and attorney Brad Schaeppi - MMSBA Certified Real Property Law Specialist.

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