State Laws
Seller Duties – The seller of a residential property, including condominium units and time-share properties, are legally required to provide the buyer with a property disclosure report within 10 days of accepting an offer.[1]
The following sellers are exempt if they have never occupied the property transferred:
- Personal representatives
- Trustees
- Conservators
- Fiduciaries appointed by a court
Buyer Rights – A prospective buyer may rescind the contract of sale or option contract by delivering a written notice of rescission within two business days of receiving the report if:[2]
- The seller does not deliver a completed property disclosure report within the 10-day period; or
- The report contains inaccurate information.
Seller’s Disclosures (4)
 Real Estate Condition Report (required) – Wisconsin law requires sellers to produce a condition report within 10 days of accepting an offer to purchase.
Download: PDF |
 Condominium Addendum (to Real Estate Condition Report) (conditional) – Must be added for a condominium.
Download: PDF |
 Lead-Based Paint Disclosure (conditional) – Buyers acquiring a residence built prior to 1978 must be given a disclosure notifying them of any history of toxic lead-based paint.[3]
Download: PDF |
 Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[4]
Download: PDF |