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Wisconsin Rent-to-Own Lease Agreement

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Updated July 22, 2025

A Wisconsin rent-to-own lease agreement is a rental agreement that grants a tenant the option to buy the property during the lease term. If the tenant does not elect to buy, the tenancy will continue as a standard lease and end normally. The lease will convert to a purchase contract if the tenant decides to buy.

Wisconsin Laws

Requirement to Record: Not legally required but does not establish notice to third parties unless recorded.[1]

Expiration: Constructive notice does not explicitly expire under state law.

Maximum Term: In Wisconsin, there is no statutory maximum term.

No Duration: If an option, connected to a lease, does not have a set duration, it will expire when the lease ends.

Signing Requirements: Must be written, and signed by all parties.[2]

Required Disclosures (6)

1. Agent/Landlord Identification – The names of any person(s) authorized to manage the premises must be provided, in writing, to all tenants.[3]

2. Lead-Based Paint Disclosure & EPA Pamphlet – For properties built before 1978, landlords must warn tenants that the walls and ceiling could contain lead-based paint.

3. Move-in Checklist – Both parties must sign a move-in checklist to document the condition of the property.[4]

4. Notice of Domestic Abuse Addendum – Specific language informing tenants of their rights regarding domestic abuse must appear in the lease agreement.[5]

5. Water/Heat/Electricity Disclosure – Tenants must be notified in writing whether the rent includes charges for water, heat, or electricity.[6]

6. Security Deposit Receipt (Form DVR-13814) – If a tenant pays cash for the security deposit, the landlord must provide a written receipt.[7]

Seller’s Disclosures (2)

1. Real Estate Condition Report (required) – Wisconsin law requires sellers to produce a condition report within 10 days of accepting an offer to purchase.[8]

2. Condominium Addendum (to Real Estate Condition Report) (conditional) – Must be added for a condominium.

Sample

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