Real Estate Law
Real estate law covers the rights to possess, use, and enjoy land. The attorneys at Wagner Oehler, Ltd. are experienced in a variety of real estate transactions, including purchases and sales, lender's title insurance, farm land transfers and leases, commercial contracts, 1031 exchanges, and transfer on death deeds. When considering buying or selling commercial real estate or a farm, having effective legal representation can help you avoid potential problems and pitfalls.
...we understand real estate law,
we understand you.
Real Estate Law Essentials
We seek to facilitate smooth real estate transactions while advocating for your interests. We handle real estate transactions throughout Southeastern Minnesota, including in Winona County, Fillmore County, Mower County, Wabasha County, Goodhue County, Olmsted County, and Dodge County.
Title Exams & Closings
We are a title company and regularly handle residential, agricultural, and commercial closings. Whether you are a lender seeking a local closing company with exceptional and responsive service or a buyer or seller looking for an experienced firm to handle your real estate transaction, we can work with you. Our licensed title agents conduct closings throughout Southeastern Minnesota and offer title insurance or title opinions. To send a request for title work, email our closing coordinator at firstname.lastname@example.org. Learn more about our Title & Closing Services here. Learn more about For Sale By Owner here.
Contracts for Deed
Whether you are buying or selling property using a contract for deed, you should consult an experience real estate attorney to make certain that the terms of the deal are clearly reflected in the document. In this type of transaction, there are particularities that you should be sure you understand before signing the contract. You should also know how to protect and enforce your rights during the term of the contract if things do not go as planned. Contracts for deed have serious implications for buyers and sellers. Don't be unprepared.
Transfer on Death Deeds
A transfer on death deed is an instrument that allows you to name who you want to inherit your real estate. Like other beneficiary designations, it is a probate-avoidance technique. A properly drafted and recorded transfer on death deed can make it easier for your heirs to settle your affairs after your death. Although this is can be a great estate planning tool, it is not a good fit for every family - particularly when you have minor beneficiaries, many heirs, or heirs spread out across the country. You should always consult with an experienced real estate and estate planning attorney before executing a transfer on death deed.
By using a 1031 exchange, property used in a trade or business or held for investment purposes can be exchanged for like-kind property while protecting the seller from capital gains taxes and promoting greater overall holdings. However, to achieve these asset preservation objectives, the parties must carefully adhere to all the rules and regulations. An experienced real estate attorney can help you access the benefits of a well-structured 1031 exchange.
Disputes and Land Use
When you are facing a buyout or potential taking of your property or a conflict with your neighbor, you need to know your rights under the law. An experienced real estate attorney that understands your situation can help you navigate the process and reach your desired outcome. You should also seek out a professional to guide you through cell phone tower, solar panel, and wind turbine construction and lease contracts to ensure you are protected and not giving up more than you intend to before you sign. Our attorneys are experienced with working with residential, commercial, and farm real estate.
Where to Start
When you are ready to speak to an attorney, you can contact us below or book an appointment online. If you'd like to speak to an attorney today, call our office at 507-288-5567. We look forward to working with you!
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