Wisconsin real estate condition report july Form 2020-2024

Wisconsin real estate condition report july 2020-2024 Form: What You Should Know

Wis. Stat. s. 709.03. Real-estate condition report. Any owner or lessee who agrees to sell real property by private sale or lease at fair or open market prices, which property is within the district of Wisconsin in which the owner resides, shall submit to the department a report of the condition of the property, such as: Real Estates Condo. Act 707.01 Definitions. 704.01 (2) “Declaration of Condominium” means a declaration of condominium which is entered into pursuant to s. 706.29 (2). 704.0101 (3) “Declaration of Interest” means a declaration of interest under s. 706.31 (4) 704.0102 (2) “Condominium” means a unit or the ownership or occupancy thereof that is entered into pursuant to the declaration of interest or declaration of condominium under s. 706.31 (4). 704.0103 (2) “Condominium agreement” means a contract for a unit that is entered into under s. 706.34 or 706.35. 704.0104 (2) “Condominium unit” means a structure or other portion of real property that is occupied by a person as a tenant, sublessee, or owner and is located within the boundaries of the condominium project. 704.0105 (2) “Constrained-residence exclusionary agreement” means a restricted-residence agreement under which the owner of a unit agrees to sell the unit to another person at an agreed sale price in accordance with the condominium declaration, while the unit is in the possession or control of the owner on the date the agreement is signed. A restricted-residence agreement does not affect the rights of the tenant of the unit, nor in any way restrict any rights or obligations of the seller. A restricted-residence agreement shall not be valid unless it is signed in a manner and in a form prescribed under s. 48.34 (1). A restricted-residence agreement may not be entered into after the termination of the unit's tenure under local law. 704.

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