Everything You Didn’t Want to Know About Real Estate Title [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.] First, a caveat: Buyers who need advice about how to...Read More
Everything You Didn’t Want to Know About Real Estate Title [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.] First, a caveat: Buyers who need advice about how to take...Read More
Hey! Who Are All Those Strange People in My Office??** While I’ve been an entrepreneur (arguably, I still am), CPA, corporate attorney, investor relations consultant, furniture mover, cab driver, and kibbutz volunteer, I’ve never done any of those things for 14(!) years. And 14 years in real estate really isn’t like 14 years in most other fields: ...Read More
Just Doing What a Good (Ex)Attorney Would Do or, The Many Guises of CYA Occasionally, clients assume that, because of my legal background, I can field a (non-real estate) question or problem that they’d otherwise have to take to their attorney. Even if I could — increasingly doubtful after a 20-plus year hiatus from practicing...Read More
“One to Buy, Two to Sell,” But . . . “Two to Buy, Two to Sign“ It’s practically a mantra for Minnesota Realtors, starting with their pre-licensing coursework: it takes one partner in a married couple to buy, but two to sell. Translation: in Minnesota, married partners automatically have an ownership interest in their spouse’s...Read More
I thought George Clooney’s The Descendants was a terrific movie — the best of the year, in fact. So, I’m not going to give away the plot, beyond noting that real estate figures prominently in the engrossing story. Specifically, because of something called “The Rule Against Perpetuities,” the trust run by Matt King (George Clooney’s...Read More
