Hayward Landlord-Tenant Lawyer, Wisconsin
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Howard E. Hanson
Business, Wills & Probate, Commercial Real Estate
Status: Inactive Licensed: 55 Years
Hayward, WI 54843
Profile LAWPOINTS™19/100
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Ward Wm Winton
Commercial Real Estate, Family Law, Estate Planning
Status: In Good Standing Licensed: 48 Years
15842 W 2nd St, Hayward, WI 54843
Profile LAWPOINTS™24/100
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LEGAL TERMS
ADVERSE POSSESSION
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.
BALLOON PAYMENT
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.
HOLD HARMLESS
In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the fir... (more...)
In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the first party. For example, many leases include a hold harmless clause in which the tenant agrees not to sue the landlord if the tenant is injured due to the landlord's failure to maintain the premises. In most states, these clauses are illegal in residential tenancies, but may be upheld in commercial settings.
TENANCY IN COMMON
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.
FORECLOSURE
The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.
ELECTRONIC SIGNATURE
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.
LEGACY
An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.
REAL ESTATE
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called ... (more...)
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property.
JOINT TENANCY
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the ... (more...)
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint tenants without the delay and costs of probate.
SAMPLE LEGAL CASES
Boelter v. Tschantz
... 1 HOOVER, PJ. Terri Boelter appeals a judgment, and an order denying her motion for
reconsideration, entered after a trial de novo on claims against her landlord. ... 2006), which provides:
A landlord may withhold from a tenant's security deposit only for the following: . . . . ...
MARYLAND ARMS LTD. PARTNERSHIP v. Connell
... is void; (2) § 704.07(3) makes Cari Connell responsible for damages only when she is negligent
or improperly uses the rented premises, and she was not negligent, nor did she improperly use
the premises; and (3) the clear implication of § 704.07 is that the landlord is obligated ...
PUCCETTI v. Olsen
... Both hornbook law and the statutes provide that when a landlord accepts the tenant's surrender
of the lease, he forfeits his right to future rents and damages; therefore, we reverse. ... Id. ¶ 11 We
rejected Tully's arguments. First, we restated hornbook landlord/tenant law. ...
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