Keeping owners, managers, and stakeholders up to date on issues affecting their businesses.
When a party is holding property presumed to be abandoned, the holder must file a report with the Wisconsin Department of Revenue (DOR) summarizing the held property. Failure to file may lead to various financial penalties. Therefore, it is in a holder’s best interest to promptly file an appropriate report.
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Clients need to use or let others use real property in ways that occasionally defy easy characterization. Most everyone understands that if you want to occupy a suite in an office building for five years, you sign a “lease”; that you give an “easement” to the utility company to get service to your home; that you occupy a hotel room, parking ramp, or a college football game under a “license.” But what if a company needs its employees to park in its next-door neighbor’s parking lot? Or if a church wants to permit another group to regularly hold meetings in its space? What if a municipality wants to let cell phone providers put antennas on its water towers? And what about billboards?
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