Wisconsin Statutes 709.01 – Requirements for transfer
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 709.01
- Contract: A legal written agreement that becomes binding when signed.
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Land: includes lands, tenements and hereditaments and all rights thereto and interests therein. See Wisconsin Statutes 990.01
- Property: includes real and personal property. See Wisconsin Statutes 990.01
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) Except as provided in sub. (2), all persons who transfer real property located in this state, including a condominium unit and time-share property, by sale, exchange, or land contract, unless the transfer is exempt from the real estate transfer fee under s. 77.25, shall comply with ss. 709.02 to 709.04 and 709.06.
(2) Subsection (1) does not apply to any of the following persons, if those persons have never occupied the property transferred:
(a) Personal representatives.
(b) Trustees.
(c) Conservators.
(d) Fiduciaries who are appointed by, or subject to the supervision of, a court.