What Exactly Is a “Garage”? The Importance of Specificity in Real Estate Covenants
A recent Wisconsin Court of Appeals’ decision illustrates the importance of specificity when drafting restrictive covenants.
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Fredrikson & Byron has the knowledge and experience to assist our clients in lease, financing, construction, title, purchase and sale, and valuation disputes, as well as mortgage foreclosures, contract for deed cancellations, workouts, and zoning and other land-use issues.
We explore all avenues that might lead to resolution without litigation, while at the same time positioning our clients in case litigation is necessary. We negotiate with confidence because we have the litigation capabilities to pursue judicial resolution. If a dispute ends up in court, we are zealous advocates on behalf of our clients, and we know how to win.
We have also successfully negotiated and implemented a multitude of reorganizations and other loan restructurings. Because we have represented many different interests in troubled real estate projects, we offer practical advice to clients who want to preserve maximum value in an adverse situation. Our experience in representing borrowers and mortgage lenders gives us the insight to achieve the most advantageous result through negotiation, litigation and bankruptcy proceedings.
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A recent Wisconsin Court of Appeals’ decision illustrates the importance of specificity when drafting restrictive covenants.
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