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If your home is a condominium, Wisconsin law requires sellers to make additional disclosures about the property. Section 703.33, Wis. Stats, governs these detailed disclosure requirements. If the sale involves a conversion condominium, additional disclosure requirements are mandated. In most cases, the seller will be relying on the unit owner' association to provide disclosure materials. It is important that the seller have an attorney that is familiar with the disclosure requirements to assure that the materials provided are complete.
To view Wisconsin State Statute Section 703.33, visit http://www.legis.state.wi.us/rsb/stats.html and search for the statute number.
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