What Does the Home Seller Have to Disclose? [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] It comes up rarely enough that even a former attorney (I am) needs...Read More
When One Word (“PROPOSED House”) Looms Large Test your knowledge of encroachment issues, and see if you can detect a problem in the photo above. Give up? The northeast corner of the home on the pie-shaped lot clearly encroaches on the lot immediately to the east. Make that, the lot underneath the Minnetonka home my...Read More
Cost-Benefit Analysis [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] Homeowner’s title insurance really isn’t like any other insurance consumers buy. Unlike health or life insurance, it doesn’t protect...Read More
1) Bigger Garage; 2) Attached (vs. Detached); 3) No More Shared Shoveling If you’re a developer who just bought a dated, undersized tear-down on a small(er) city lot, what do you do? To maximize profit, you want to build as big as possible, consistent with city zoning and setback requirements. However, if you overdo it,...Read More
What Does the Seller Have to Disclose? It comes up rarely enough that even a former attorney (I am) needs a little back stopping from Edina Realty’s legal department. The question: what kind of easements do home sellers have to disclose to prospective buyers? That is, assuming they’re aware of them. As far as home transactions...Read More
A Realtor’s Perspective While the Realtor serves as the deal “quarterback,” there are many other professionals involved with a residential home sale. They typically include a lender or mortgage broker; a home inspector; and a title company and closer. Of the three, title is easily the most obscure, but hardly any less important: a defect...Read More
