Wisconsin Statutes 815.54 – Execution sale, title when divested, action for injury to premises
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Terms Used In Wisconsin Statutes 815.54
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
The right and title of the person against whom the execution was issued, to any real estate which shall be sold thereby, shall not be divested by such sale until the expiration of fifteen months from the time of sale; and if such real estate shall not have been redeemed and a deed shall be executed in pursuance of a sale the grantee shall be vested with the legal estate from the time of the sale for the purpose of an action for an injury to such real estate.