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WISCONSIN REALTORS ASSOCIATION 4801 Forest Run Road Madison, WI 53704-Page 1 of 2 SELLER DISCLOSURE REPORT — VACANT LAND PROPERTY OWNER: PROPERTY ADDRESS: OWNER HAS OWNED THE PROPERTY FOR YEARS.

How to fill out wisconsin vacant land disclosure

How to fill out Wisconsin vacant land disclosure:

1. Obtain the necessary form: The Wisconsin vacant land disclosure form can be obtained from the Wisconsin Department of Natural Resources website or from a licensed real estate agent.
2. Provide property details: Fill in all the required information regarding the vacant land, such as the legal description, address, and size of the property.
3. Disclose potential issues: The form will have a section where you need to disclose any known issues or defects with the vacant land. This may include information about environmental hazards, zoning restrictions, or any existing easements.
4. Answer truthfully: Make sure to answer all the questions on the disclosure form truthfully and to the best of your knowledge. Lying or withholding information may lead to legal consequences later on.
5. Seek professional advice if necessary: If you are unsure about how to answer a specific question on the disclosure form, it is advisable to seek guidance from a real estate attorney or a licensed real estate agent.

Who needs Wisconsin vacant land disclosure:

1. Land sellers: Individuals or entities selling vacant land in Wisconsin are required by law to provide a vacant land disclosure form to potential buyers. This ensures that buyers have all the necessary information about the property before making a purchase.
2. Real estate agents: Licensed real estate agents representing sellers of vacant land must also ensure that the vacant land disclosure form is provided to potential buyers.
3. Potential buyers: While not obligated to fill out the vacant land disclosure form, potential buyers should request and thoroughly review the form to gain a comprehensive understanding of the property they are considering purchasing.

Video instructions and help with filling out and completing wisconsin vacant land disclosure report

Instructions and Help about wi vacant land condition report form

Welcome back to real vacant land calm this is Luke Smith and I got a bunch of land for sale bunch of land all across the US usually the lowest price in the area the best of the best, and we just cherry-pick them and do a for sale by owner on the website so unreal vacant land calm, so today I want to show you a property we've got in Wisconsin a lot of people asked me about properties on the water do you have something on the water do you have something on a river do you have something by a pond water is in high demand so this one Wisconsin I'm from Michigan's got lots of properties in the water so does Wisconsin try to cross the lake right so let's take a look at this one and this one's on the water and let's see if this is the right one for you so this one is for sale by Justin sleeve uh Justin his name and numbers on the website here there's a link to the website down below in the description of this video you can go to the website and see this listing on there he's got a bunch of pictures it looks like he got actual pictures of the property somebody went there took some pictures Justin doesn't live in this area, so I'm sure he sent someone over there and if you don't know Justin's sleeping he's a good guy for finance and properties too if you're doing land deals and trade and properties back and forth you need money he's he's in the business of money for land, so you can contact him his contact information on the website there too if you're looking for that side of it so here's the property it's on the river and there's a bunch of trees I think the easement goes down this is an easement down to the property, so you can reach it from the road and get down to the property you could build a cabin or a fishing shack on the river or whatever I think you could probably put up I'm not a hundred percent sure, but I think you could do a mobile home and go for it so here's a picture of that easement there's a power line that goes next to the property, so you got an easement down this power line you could build a driveway down through here to track or a snowmobile trail or a truck trail, or you borrow a neighbor's tractor or rent one or whatever go drag it out and make it happen here's I'm not sure what this is maybe some lot-lined corner steaks or something here's a pelican river, and it looks like there's a couple different flood plains along the river and some swamps on the other side, so maybe you probably want to build up here and the thicker stuff and then put a know a trail and a dock down there and the river is what I would be looking at doing so here's the easement here's a shot of easement he's got a map on there showing the easement from the road down to the property it's nice and green this is Wisconsin Michigan Midwestern green bunch of good trees bunch of good plants probably bugs flying all over that the fish are probably just snapping up River like that I don't know if it's what we do in Michigan's we plant fish you know we're in the area...

People Also Ask about wisconsin vacant land disclosure report

Can I sell my land privately?

Yes you can, there are no restrictions legal or otherwise on selling your plot of land if it doesn't have planning permission in place. This can be a good option if you need to sell in a hurry, but your land will be less valuable than a plot with planning permission.

How do I sell my land by owner in Wisconsin?

For Sale By Owner Preparing both buyer's and seller's closing statements. Having a deed prepared by an attorney. Preparing a Wisconsin State Transfer Form. Ordering payoff information for your current mortgage. Prorating your real estate taxes, sewer, and water bills. Coordinating your closing with the buyer's lender.

How to sell property in Wisconsin?

JUMP TO SECTION Finding a Wisconsin realtor. Deciding when to sell. Pricing your home. Preparing, marketing, and showing your home. Fielding offers and negotiations. Appraisal and inspections. Paperwork and required Wisconsin disclosures. The closing process.

What is vacant land disclosure report Wisconsin?

Wisconsin statutes require that a vacant land seller provide to a buyer, not later than 10 days after acceptance of a contract of sale or option contract, a Wisconsin Vacant Land Disclosure Report "Report". The Report provides the seller the ability to disclose property defects, including the following: ENVIRONMENTAL.

Is property condition report required in Wisconsin?

Generally when selling a home, Wisconsin homeowners are required under Wis. Stat. § 709.02. to provide buyers with a Real Estate Condition Report (“Report”).

How do I sell part of my land?

How to sell a part of your property Understand your target buyer. When selling a home, you don't really need a target buyer because most homes won't require consistent advertising to generate interest. Make the land ready. Price your property carefully. Market your land like crazy.

How do I sell vacant land in Wisconsin?

The most common choice that land sellers have is to sell through a real estate agent. Agents will list your property and find buyers for it, and then negotiate on your behalf and help you with the paperwork.

Is Wisconsin a full disclosure state?

Wisconsin law requires you to disclose any condition or defect that would result in a significant negative effect on the property value, that would significantly impair the health or safety of future occupants, or that would significantly shorten or negatively affect the normal life of the property.

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What is wisconsin vacant land disclosure?

Wisconsin Vacant Land Disclosure is a legal requirement in the state of Wisconsin for the sale or transfer of undeveloped land. The disclosure form, known as the Wisconsin Vacant Land Disclosure Report, must be completed by the seller and provided to the buyer before the purchase agreement is signed. The purpose of the disclosure is to provide crucial information about the condition and potential limitations of the vacant land. The form covers various aspects including zoning and land use restrictions, soil conditions, availability of utilities, floodplains, wetlands, and any known hazardous substances on the property. The Wisconsin Vacant Land Disclosure Report helps buyers make informed decisions about the purchase by providing them with comprehensive information about the property. It also protects sellers from potential legal disputes arising from non-disclosure of relevant information about the land. It is important for both buyers and sellers to understand the disclosure requirements and ensure compliance with Wisconsin law when dealing with the sale or transfer of vacant land.

Who is required to file wisconsin vacant land disclosure?

According to Wisconsin law, the seller of vacant land in Wisconsin is required to file the Wisconsin Vacant Land Disclosure Report. This is a disclosure form that provides information about the property to potential buyers, including any known defects or hazards. The seller must complete the form and provide it to any potential buyers before a purchase agreement is signed.

How to fill out wisconsin vacant land disclosure?

To fill out the Wisconsin Vacant Land Disclosure form, follow these steps: 1. Obtain a copy of the official Wisconsin Vacant Land Disclosure form. You can usually find this form from your real estate agent or the Wisconsin Department of Natural Resources website. 2. Begin by filling out the top section of the form, which includes the property address, the buyer and seller's names, and the date of disclosure. 3. In Section 1, indicate whether or not the seller has personal knowledge of any material adverse facts about the property. Material adverse facts are any issues that could affect the value or desirability of the land, such as environmental hazards or zoning restrictions. Check the appropriate box - "Yes" or "No." 4. If you checked "Yes" in Section 1, move to Section 2. Here, the seller must disclose any known adverse facts about the property, nature of any known pre-existing violations of regulations or ordinances affecting the property, and any pre-existing legal issues or proceedings associated with the property. 5. In Section 3, the seller must indicate whether the property is subject to any easements or encroachments. If there are any, provide details about the type and extent of these easements or encroachments. 6. In Section 4, disclose any known environmental hazards, such as flood zones, wetlands, or contaminated soil. If such hazards exist, describe their nature, location, and any permits or remediation actions taken. 7. Section 5 pertains to utility services. Indicate whether the property has access to municipal water, sewer, or utility services. If not, explain the alternative sources of services available (e.g., private well, septic system). 8. Section 6 focuses on zoning and land use regulations. Specify the current zoning of the property and any known restrictions imposed by applicable regulations. 9. Section 7 deals with access to the property. Provide information about legal access, easements, or any other arrangements necessary to reach the land from public roads. 10. In Section 8, disclose any known material facts about the property's soils, such as susceptibility to erosion, floodplain designation, or wetland presence. 11. As the seller, sign and date the form at the bottom to confirm the accuracy of the information provided. 12. The buyer acknowledges the disclosure by signing and dating the form as well. 13. Keep a copy of the completed disclosure for your records, and provide a copy to the buyer. Remember that this guide is just an overview and it's important to consult with a real estate professional or attorney for specific guidance and to ensure you comply with all applicable laws and regulations.

What is the purpose of wisconsin vacant land disclosure?

The purpose of the Wisconsin Vacant Land Disclosure is to provide potential buyers of vacant land in Wisconsin with important and relevant information about the property before they make a purchase. This disclosure is required by law and aims to protect buyers by ensuring they are well-informed about the property's features, limitations, and any potential risks or issues associated with the land. It helps buyers in making an informed decision and protects them from any surprises or hidden problems that could arise after the purchase.

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