Real Estate in wisconsin

In Wisconsin, only property sellers who have intimate knowledge of the property have to submit disclosure statements for real estate transactions. A trustee or executor of an estate put into place by a court order is not required to have intimate knowledge of the property and, as a result, is not required to submit a disclosure on the property's condition. In these instances, it is best for a buyer to pay for their own inspection of the property with the consent of the property owner. The one caveat to this situation is the trustee or executor could be held negligent if it can be proven that they did have previous knowledge of a defect in the property.

Disclosure statements for condominiums require information such as the date the condominium was first opened to residents, the name of the condominium owner's association and a contact for the association. All disclosure forms in the state of Wisconsin must include the number of years the seller has lived at the property. It is important to note that the state of Wisconsin only requires property sellers to include defects they are aware of in the disclosure statements. The seller is not required to hire an inspector or uncover defects that are hidden from view.

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Residential and Commercial Real Estate Agencies and Associations in Wisconsin

Wisconsin Realtors' Association
Address: Wisconsin Realtors' Association
4801 Forest Run Road
Suite 201
Madison, WI 53704-7337
Office Phone Number: (608) 241-2047
Toll-Free Number: (800) 279-1972
Web site: https://www.wra.org

Homestead Realty, Incorporated
Address: Homestead Realty, Incorporated
8405 West Lisbon Avenue
Milwaukee, WI 5322
Office Phone Number: (414) 461-4040
Toll-Free Number: (800) 339-4444
Web site: www.homesteadrealtyinc.com

Realtors' Association of Northwestern Wisconsin
Address: Realtors' Association of Northwestern Wisconsin
1903 Keith Street
Eau Claire, WI 54701
Office Phone Number: (715) 835-0923
Toll-Free Number: (888) 221-0112
Web site: www.ranww.org

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