– Legal Insights –
Co-Authored by: Alec Sherod & Evelyn O’Brien American farmers rely on supply chains that stretch far beyond the United States’ borders. Accordingly, geopolitics plays a critical role in determining the input costs that farmers face, from fertilizer and fuel to agricultural equipment. As geopolitical tensions rise and production prices remain...
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The Federal Housing Administration (FHA) released a detailed update to existing condominium underwriting regulations on June 30, 2011 with new requirements effective for all approval application packets submitted on or after August 30, 2011. In 2010, FHA-insured mortgages accounted for more than one-third of all condominium purchases nationwide. Many other...
Unity in the Community: It Starts with Effective Board Members For any newly-elected Board member, the responsibilities and obligations of the job can be daunting. Taking those responsibilities and obligations seriously is important, not only because it’s the “right thing to do,” but also because doing so is in the...
With the advent of Facebook, LinkeIn, MySpace, Twitter, and other content on the internet, it is inevitable that most employers will make use of such information to screen job applicants, monitor existing employees, and ultimately make employment decisions. For employers, the question is whether such developments are a positive innovation...
I was fortunate enough to be able to participate in the Hennepin County Judicial Ride-Along Program last spring. My interest was piqued after reading the January 2010 article from Chris Morris who also participated in this program. Quite simply, this is an opportunity not to be missed by lawyers practicing...
Call me a law nerd if you want, but I spend a lot of time thinking about legal strategies. I know my clients will thank me for it. Here’s something advisors need to consider: Taken from a tax standpoint, would your high-networth clients be better off making large charitable contributions...
Fall is on its way and with it comes the annual ritual of the “fall clean up”. The busy season of the spring and summer may be winding down or new types of project may be on the horizon. Either way, for contractors, an annual “fall clean up” for contractors...
According to the 2010 U.S. Census, 48% of owner-occupied homes and 26.2% of rental homes nationwide contained one or more persons age 55 or older. In Minnesota, 24.8% of the State’s population is 55 years of age or older and 22.8% of all households contains at least one person who...
Recently there have been some significant changes to the Landlord/Tenant statute that was enacted at the end of May. As a courtesy to our clients and friends of the firm, we wanted to be sure you knew about these. Below are some of the highlights. Retaining abandoned personal property(504B.271). For...
As condominium owners can attest, the recent economy has not helped the value and marketability of condominiums. Fannie Mae has now implemented new guidelines that can make it yet more difficult to sell condominiums. The Department of Housing and Urban Development (“HUD”) has adopted similar new temporary regulations that went...
Persons involved in the construction industry or with real estate in Minnesota should take note of the following legislative changes to the law, which take effect August 1, 2009. Statutory Implied Warranties Have Become Mandatory Expressed Warranties.The statutory warranties for new construction and remodeling stated in Minnesota Statutes Chapter 327A...