Search results
An “owner” who transfers real estate containing one to four dwelling units, including a condominium unit and time-share property, by sale, exchange, or land contract is required to complete this report.
WISCONSIN REALTORS® ASSOCIATION. 4801 Forest Run Road Madison, Wisconsin 53704. REAL ESTATE CONDITION REPORT. Page 1 of 2. DISCLAIMER. A. THIS CONDITION REPORT CONCERNS THE REAL PROPERTY LOCATED AT (STREET ADDRESS) IN THE (CITY) (VILLAGE) (TOWN) OF , COUNTY OF , STATE OF WISCONSIN.
- 125KB
- 2
May 2002. 709.03 Residential real estate condition report form. The report required under s. 709.02 with respect to real property, as defined in s. 709.001 (5) (a), shall be in substantially the follow-ing form and shall include at least all of the following information: REAL ESTATE CONDITION REPORT. DISCLAIMER.
Jul 3, 2023 · The WRA has revised the Real Estate Condition Report (RECR), Vacant Land Disclosure Report (VLDR), Real Estate Condition Report — Farm (RECR-Farm), and Seller Disclosure Report — Commercial (SDR-Commercial).
The RECR is a disclosure of information known to the seller about the condition of the property for sale. It is not a property condition warranty. Wisconsin public policy promotes seller disclosure of property conditions and defects because sellers are the most familiar with the property.
Wisconsin statutes require that a home seller provide to a buyer, not later than 10 days after acceptance of a contract of sale or option contract, a Real Estate Condition Report "Report". The Report provides the seller the ability to disclose property defects, including the following:
May 26, 2021 · Wisconsin Real Estate Condition Reports – A Brief Overview for Buyers and Sellers. Generally when selling a home, Wisconsin homeowners are required under Wis. Stat. § 709.02. to provide buyers with a Real Estate Condition Report (“Report”).
