Stevens Point Real Estate Lawyers

Find the right Real Estate attorney in Stevens Point, WI

Real Estate Law in Wisconsin

The real estate industry in Stevens Point is governed by a wide variety of laws, and these laws can affect the process and outcome of essentially any transaction or deal involving the sale, lease, or use of land.

The law governing real estate in Stevens Point can get pretty complicated, especially when things such as mortgages, disputes about construction defects, and conflicts over title are involved.

Therefore, it's always good to have at least some knowledge of Stevens Point's real estate law.

Having at least some knowledge of real estate law will be to your advantage in essentially any real estate transaction. Knowing the law can give you a bargaining advantage and prevent you from being saddled with obligations that you don't have to assume.

Common Real Estate Law Issues in Stevens Point

Financing: Most people are unable to make major real estate purchases in Stevens Point with cash, because few people have that kind of money on hand. Therefore, to buy real estate, most entities use a mortgage. This is a loan used to buy a piece of property. When the loan is issued, and the property purchased, the lender holds a security interest in the property until the loan is paid off, with interest.

Zoning: Zoning laws regulate what types of structures can be built on given parcels of land. Generally, cities and towns are zoned in order to ensure that neighborhoods are clearly divided into residential, commercial, and industrial categories, to ensure that everyone who uses the land can make the best possible use of it, for their particular purpose

Duty to Disclose: If you're buying a house in Stevens Point, you have certain legal protections. The seller has a duty to tell the buyer about any defects that the property has. All defects which the seller knows about, and which the buyer can't be expected to discover through an ordinary inspection, must be disclosed. If the seller fails to disclose a defect, and the buyer later discovers it, the seller can be sued for any diminution in the property's value caused by the defect, the cost of repairing it, and any injuries the buyers suffers as a result.

Implied Warranties: Every lease of a residential unit in Stevens Point carries with it an implicit promise by the owner that the unit will meet some basic minimum standards for human habitability. There are many factors that go into determining if an unit is "habitable," but there are a few essentials, and they include running water, heat, electricity, and adequate shelter from the elements.

Can a Stevens Point Real Estate Lawyer Help?

These issues, along with many others, can sometimes be fairly complicated. Therefore, you should never hesitate to consult with a Stevens Point real estate attorney if you have any questions.

Talk to a Real Estate Law Attorney now!

Life in Stevens Point

Stevens Point is the largest city in the county of Portage County, Wisconsin. As the county seat, it has a population of about 25,000 and was incorporated in 1858. The city was named after its founder, George Stevens. Stevens was a supply trade businessman whose store served the numerous loggers in the area.

Geographically, Stevens Point is located in the center of Wisconsin. This makes it an ideal city for both business and residential endeavors. Several large corporations have their headquarters in the city, including the Donaldson Company, Associated Bank, and AIG Travel Guard. Also, the University of Wisconsin- Stevens Point, and Mid-State Technical College are located in the city.

Residents of Stevens Point typically enjoy a wide mix of activities, with a multitude of city services being offered in sports and the arts. Retail and entertainment also form a large part of the city's economy. Festivities include the Portage County Cultural Festival and a Fourth of July Riverfront Rendezvous. A little bit of trivia: the world's largest trivia contest is held every April in Stevens Point, and lasts over 50 hours straight.

Lawyers in Stevens Point, Wisconsin usually file their claims with one of the Wisconsin Municipal Courts, or at the Portage County Circuit Court. Regardless of the type of legal issues, Stevens Point lawyers offer services to address your specific concerns.

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