Real Estate

Our real estate services are designed to assist clients with all the planning and transactional issues surrounding real estate holdings. As real estate is frequently one of the more valuable assets of a client and his business, particularly in a farm setting, protecting that asset is vital. Also vital is ensuring that all the nuances brought forward by the unique characteristics of real estate are fully understood before engaging in any transaction or other planning opportunity.

Over the years clients have asked us to undertake many different projects relating to real estate. A non-exhaustive, representative example of real estate projects we’ve undertaken are listed below:

  1. Assisting clients with the purchase and sale of both residential and commercial real estate, including farms;
  2. Preparing commercial leases (including farm leases) for both property owners to ensure the long-term profitability of the property as well as protecting the landowner from risk;
  3. Helping clients develop homeowner and condominium associations and sell lots and units to prospective homeowners in our community;
  4. Negotiating tax-free exchange transactions with multiple landowners who desire to exchange one real estate holding for another;
  5. Establishing easements over neighboring property to allow for land access;
  6. Drafting a land installment contract to allow for a real estate transaction to close when institutional financing was unavailable to the purchaser;

  7. Executing a forcible entry and detainer action to remove a tenant who is n breach of his lease contract with the landowner.

Any real estate project necessarily carries with it a certain documents that must be drafted and signed in order to properly accomplish the parties’ objectives. An example of the kinds of documents a client might see, depending upon the project, are as follows:

  • purchase agreement
  • land installment contract
  • lease, deed, easement
  • affidavit
  • declaration and bylaws

For more information, you’re welcome to read through our database of original content on our site. Our most recent writings with a “real estate” tag are below:

Recent Blog Posts in this category

  • [Video] FAQ: What are the Steps to an Ohio Real Estate Sale?- Frequently Asked Questions: What are the Steps to an Ohio Real Estate Sale? Many times individuals will reach a handshake deal among themselves for the purchase and sale of a particular piece of real estate.  However, those individuals sometimes don’t know the steps it takes to get that handshake from there through the closing and... View Article
  • Don’t Overlook Information from the Title Company Before Closing a Real Estate Deal- Real estate transactions almost always close through a title company.  Among the things a title company frequently does to assist with the closing process is to provide a title search and title insurance commitment. When a title company is preparing to assist with the transfer of a particular piece of real estate, an agent from... View Article
  • The 4 Questions to Answer Before Making Gifts [Part 3 of 4]- In our estate planning and elder law practice, we talk with many clients who are interested in making significant gifts of assets during their lifetimes to their children. Anytime we meet to discuss lifetime gifting, we inevitably discuss 4 topics of consideration: 1. Will the gift create federal gift tax problems? 2. Will the gift... View Article
  • What Do Small Business Owners Need to Know About Real Estate?- Obviously, the answer to that question depends heavily upon the type of business.  However, regardless of industry, most small business owners have to operate from a physical location.  Some small business owners are fortunate enough to operate from home, but many are going to be confronted with issues relating to leasing or purchasing real estate... View Article
  • Tax Implications of Life Estate Transactions- Following our recent seminar we got a general question about the income tax implications of entering into a life estate transaction in which a person gifts the remainder interest in his personal residence and retain a life estate.  The question was as follows:  If the person gifts the remainder interest now but later sell the house, will the property owners owe... View Article