“Lakeview” vs. “Lakefront” [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.] In a state famed for its 10,000 lakes (actually, 11,842), you’d figure that there are LOTS of lakefront...Read More
Going on 16(!) years selling residential real estate, I really only have two rules for clients I work with: Rule #1: “Don’t do anything to get yourself — or me! — sued.” Rule #2: “Don’t break Rule #1.” While it’s blissfully rare in Minnesota, home buyers and sellers have been known to depart from the...Read More
[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.] Clients may not know, but their Realtors do (or should): what the statute of limitations is for bringing an action, post-closing,...Read More
Should Buyers and Sellers Waive Arbitration? Hopefully, It’s a Moot Point [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.] Unbeknownst to most home buyers and sellers, modern residential real estate...Read More
Man Bites Dog ” Real Estate Edition One of the odder anecdotes from a continuing ed class the other week was the hapless home seller who got sued not because their house was haunted ” but because it wasn’t. Apparently, the Seller had disclosed in their Minnesota Seller’s Disclosure that the home had experienced “paranormal activity.”...Read More
“What Did the Seller Know, and When Did They Know It?” [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.] At least in Minnesota, Realtors have an independent duty to...Read More