Just recently this Minnesota real estate law blog examined an unfortunate way that criminal activity can creep into the real property world -- real estate fraud. Prospective renters and home buyers can find themselves the victims when dishonest parties offer for rent or sale interests in real estate that they have no rights to claim. Before a person even knows that he has been deceived the corrupt party many have already pocketed the person's money and moved on and taking advantage of another innocent person.
At its very basic level, an act of fraud occurs when one person intentionally misleads another person in order to get money or another desired resource out of the deceitful interaction. Minnesotans are subject to attempted frauds in many realms of life; whether they fall for those attempted tricks depends upon how carefully they pay attention to the actions of others.
Unfortunately, family members don't always agree on certain things, especially when money is involved. This is currently the case for a family who owns a Minnesota country club. The family members -- all shareholders -- are disputing the sale of the country club because it is allegedly being sold without everyone's consent.
Throughout Hennepin County, individuals often watch what happens on their neighbors' properties out of both curiosity and their own economic interests. Property values can be impacted by poorly maintained lots or buildings which can in turn affect sales for nearby parcels. In other cases, property owners may hope to buy their neighbors' tracts of land in order to expand their own residences or businesses.
First-time Minnesota home buyers are often caught up in the excitement of making their real property dreams come true that they sometimes miss important details in their purchase agreements. All across Hennepin County contracts for new and existing homes carry with them diverse and often unexpected clauses that unprepared buyers may not properly heed before signing on the dotted line. When issues arise during or after a home's closing, the parties to the real property sale may find themselves fighting over issues that could have been addressed much sooner.