Real Estate

Commercial Real Estate Transactions

Turke & Steil helps clients buy and sell commercial real estate. When it comes to 1031 exchanges, we can help you manage your tax exposure whether it concerns single or multi-tenant office buildings, multi-family apartment buildings, industrial complexes and warehouses, retail shopping malls, and 1031 REITS.

Residential Real Estate

Our firm can also help you with residential real estate transactions and issues including buying or selling, mortgages, and land contracts. Our attorneys also have experience with inspection related defect issues, including water infiltration, mold and other matters typically disclosed on a property condition report.

Real Estate Development

Turke & Steil works closely with real estate developers, assisting with entity formation and documents, investors, deal documents, local government connections, and leasing.

Condos

Turke & Steil represents condominium associations and condominium unit owners. Condo associations face a host of challenges in maintaining a well-run organization. Often, these challenges involve legal issues which are unique to condominiums. Condominium association boards benefit from having an attorney available to assist with legal issues, such as:

Interpretation of condominium documents.
Amendment of condominium documents, such as the declaration, bylaws, rules, etc.
Enforcement of condominium rules and covenants.
Collection of association fees and assessments.
Imposition of fines and liens.
Disputes with unit owners.
Disputes with management companies and contractors.

Condominiums in Wisconsin are subject to the Condominium Ownership Act, which was the subject of major revisions in 2003. The Condominium Ownership Act is lengthy and somewhat complicated and must be considered in conjunction with the organizational documents for the condominium association, including the declaration, articles and bylaws. Legal issues often tax the time and energy of association boards, many of whom are volunteers. Obtaining proper legal advice helps the condominium association board comply with the legal requirements under the Condominium Ownership Act and the condominium organizational documents. Legal advice from a qualified attorney does not have to be expensive, and having an attorney available to answer legal questions and give recommendations can boost the morale of the board and avoid problems which come from acting without a good working knowledge of Wisconsin condominium law.