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Nicholas Abts
About | Practice Areas
La Chapelle, Kryshak & Nettesheim, LLP
262 W Grand Ave Wisconsin Rapids WI 54495» view map
Real Estate Law
Passionate and Dedicated Attorneys

The law firm of La Chapelle, Kryshak & Nettesheim, LLP, has provided legal services to the people of central Wisconsin for over a century.

800-886-1251
1. Nicholas Abts Wisconsin Rapids, WI
  Attorney at Law- WI, 2009
  University of Wisconsin Law School, J.D. 2008
2. AboutLa Chapelle, Kryshak & Nettesheim, LLP
  Passionate and Dedicated Attorneys
3. Practice AreasExpertise
  Real Estate Law
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Brian G. Formella

Landlord-Tenant, Traffic, Lawsuit & Dispute, Child Custody

Status: In Good Standing Licensed: 40 Years

CONTACT

1257 Main Street, Stevens Point, WI 54481

David A. Ray

Landlord-Tenant, Traffic, Lawsuit & Dispute, Estate

Status: In Good Standing

CONTACT

2900 Hoover Rd, Stevens Point, WI 54481

Heather M. Huebner

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

1257 Main St, Stevens Point, WI 54481

Janet B. Roberts

Landlord-Tenant, Traffic, Lawsuit & Dispute, Pharmaceutical Product

Status: In Good Standing Licensed: 45 Years

CONTACT

1516 Church St, Stevens Point, WI 54481

Jason Todd Studinski

Animal Bite, Class Action, Insurance, Premises Liability, Nursing Home

Status: In Good Standing Licensed: 26 Years

CONTACT

2810 Gilman Dr, Plover, WI 54467

Stanton E. Thomas

Real Estate, Estate, Business

Status: In Good Standing Licensed: 35 Years

CONTACT

106 Mcdill Ave, Plover, WI 54467

Torren K. Pies

Landlord-Tenant, Traffic, Dispute Resolution, Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

1257 Main Street, Stevens Point, WI 54481

800-923-0641

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LEGAL TERMS

MEMORANDUM

(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum-... (more...)

(1) An informal written document. A memorandum may be used in any number of circumstances, but most lawyers are best acquainted with the interoffice memorandum--a document prepared by a junior associate in a law office or a judge's law clerk outlining the facts, procedural elements and legal arguments involved in a particular legal matter. These memos are reviewed by senior lawyers and judges who use them to decide how to proceed with the case. (2) Any written record, including a letter or note, that proves that a contract exists between two parties. This type of memo may be enough to validate an oral (spoken) contract that would otherwise be unenforceable because of the statute of frauds. (Under the statute of frauds, an oral contract is invalid if it can't be completed within one year from the date the contract is made.)

PRECEDENT

A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judg... (more...)

A legal principle or rule created by one or more decisions of a state or federal appellate court. These rules provide a point of reference or authority for judges deciding similar issues in later cases. Lower courts must apply these rules when faced with similar legal issues. For example, if the Montana Supreme Court decides that a certain type of employment contract overly restricts the right of the employee to quit and get another job, all other Montana courts must apply this same rule.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

Custer Real Estate Lawyer, Wisconsin

Sponsored Law Firm

La Chapelle, Kryshak & Nettesheim, LLP

SPONSORED LAWYERS

Brian G. Formella

David A. Ray

Heather M. Huebner

Janet B. Roberts

Jason Todd Studinski

Stanton E. Thomas

Torren K. Pies

TIPS

LEGAL TERMS

MEMORANDUM

PRECEDENT

NET LEASE

DEED IN LIEU (OF FORECLOSURE)

FORECLOSURE

HOUSE CLOSING

SHORT SALE (OF HOUSE)

RENT CONTROL

FAILURE OF CONSIDERATION

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