AREAS OF PRACTICE
Real Estate Law
One of the foundations of America is the ability of an individual or company to own and develop real estate. That opportunity includes the need for experienced and knowledgeable legal representation to assist in all aspects of your project, no matter how large or small. Kruml Law Office is ready, and able to guide you through any real estate issue that you may have. We are able to provide representation and service from financing to construction contracts, and coordination with State, County, and local government entities in order to obtain approval and permitting of projects.
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Kruml Law Office has vast knowledge and experience in regard to real estate development, ownership, operation, and transfer opportunities. Our experience includes land use and zoning, compliance and variances, IRC 1031 Exchanges, and the coordination with work with developers, owners, financial institution, management companies, construction consultants and contractors. Kruml Law Office is uniquely positioned to provide services in financing and development areas involving Tax Increment Financing (TIF), and also opportunities for both State and Federal New Market Tax Credit (NMTC) financing opportunities.
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Whether you are purchasing a new home, buying a large tract for development, buying or selling agricultural land, or needing to determine your rights as a tenant or landlord, Kruml Law Office is able to serve your needs in order to reach you desired goal.
SERVICES INCLUDE:​
1. Project Development
and Construction
Legal representation including site acquisition, land use and zoning, classification, permitting and licensing, negotiating construction contracts and subcontracts, land transfers, and a broad range of related legal matters. Kruml Law Office is able to assist clients in structuring and negotiating real estate purchases, sale and IRC 1031 exchange transactions, and commercial, industrial, and retail property acquisitions, dispositions, and developments.
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2. Real Estate Financing
Kruml Law Office is able to provide counseling and service concerning real estate financing in connection with the acquisition, construction, interim and permanent financing for a variety of real estate projects. We have utilized Tax Increment Financing (TIF) on several projects throughout the State of Nebraska. In addition, Kruml Law Office has pursued, negotiated, secured and closed on both State and Federal New Market Tax Credit (NMTC) financing incentive packages.
3. Land Use
Kruml Law Office is able to provide representation and service on a wide variety of land use, zoning, permitting, and environmental matters. Services include assisting clients in obtaining permits for projects, as well as obtaining the required governmental approvals and entitlements associated with acquisitions and development of real estate.
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4. IRC § 1031 Exchanges
Kruml Law Office has extensive experience in handling basic and complex IRC 1031 Tax Deferred Exchanges (including straight exchanges, and reverse exchanges) to assist our clients in the most economically efficient ways available. We are able to establish any needed intermediary accounts, and coordinate, organize, and structuring exchanges with and through qualified intermediaries by providing all required documentation.