Wisconsin Land Contract Pdf

Vacant Land Disclosure Report (WI Stat § 709.033) – Sellers must disclose the environmental condition of the property and its general use by issuing this report to buyers within ten (10) days of acceptance of the offer. A Wisconsin land contract is a legally binding agreement in which two parties record all the terms that affect a real estate transaction for undeveloped land. The contract binds the financial conditions, such as the agreed purchase price of the property and any applicable financing, as well as the documents on the information of the parties and those of the land for sale; The contract must include the legal description of the property or land as it appears on the deed for record-keeping purposes. After negotiation and conclusion of an agreement, the parties must execute the agreement by making their signatories available. The parties then participate (in person or virtually via online services) in the scheduled closing period in order to submit the certificate accordingly. Wisconsin Department of Regulation and Licensing Version (Form WB-13) Where to include? (WI Stat § 706.05) – Deeds must be filed with the county register of deeds in the jurisdiction of the transferred property, along with a declaration of transfer of immovable property (RETR). . . .