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SB865,7,1513 b. Charge a fee in connection with any transfer of ownership of a residential
14lot that the association would otherwise be authorized to charge under the covenants
15and restrictions for the residential planned community.
SB865,7,1716 2. Any prohibited action taken by an association during a period of
17noncompliance under this paragraph is void and unenforceable.
SB865,7,22 18(4) Notice of association meetings required. The association of a residential
19planned community shall provide notice of any meeting of the association at least 48
20hours before the meeting. Unless the covenants and restrictions for the residential
21planned community provide otherwise, the association shall provide notice by doing
22all of the following:
SB865,7,2323 (a) Providing written notice of the meeting to all residential lot owners.
SB865,7,2524 (b) Sending notice of the meeting to the last-known electronic mail address for
25each residential lot owner.
SB865,8,2
1(c) Sending notice of the meeting by 1st class mail to the last-known post-office
2address for each residential lot owner.
SB865,8,53 (d) If the association posts information related to the residential planned
4community on an Internet site that is available to the public, posting notice of the
5meeting on the Internet site.
SB865,8,86 (e) If the residential planned community has an improved area that is
7accessible to all residential lot owners, posting notice of the meeting in at least one
8such area.
SB865,8,15 9(5) Limitation on fees for providing documentation. If the association for a
10residential planned community furnishes copies of the covenants and restrictions or
11other information and documentation related to the residential planned community
12upon request by a residential lot owner, the association may not, unless the
13covenants and restrictions provide otherwise, charge the residential lot owner an
14amount that exceeds the actual costs of furnishing the information or $50, whichever
15is less.
SB865,8,23 16(6) Failure to pay assessments; notice of suspension of rights. If the
17covenants and restrictions for a residential planned community authorize the
18association to suspend certain rights of a residential lot owner for failure to timely
19pay assessments or other amounts owed to the association, the association may,
20unless the covenants and restrictions provide otherwise, suspend those rights only
21after the association provides the residential lot owner a written notice identifying
22the rights the association intends to suspend and the actions the residential lot
23owner may take to avoid that suspension.
SB865,9,3 24(7) Payoff statements; limitation on fees. (a) Definition. In this subsection,
25“payoff statement” means a document that sets forth the total amount necessary, as

1of a date specified in the document, to satisfy all monetary obligations, including
2unpaid assessments, owed by a residential lot owner to the association in connection
3with a particular residential lot.
SB865,9,84 (b) Request for payoff statement; deadline. A residential lot owner may submit
5to the association a written request for a payoff statement for a specified date not
6more than 30 days after the request is submitted. The association shall provide a
7payoff statement to the residential lot owner within 10 business days after the
8request is submitted.
SB865,9,139 (c) Fees. 1. Except as provided under subds. 2. and 3., an association shall
10provide one payoff statement requested under par. (b) with respect to a residential
11lot without charge during any 2-month period. The association may charge a fee not
12to exceed $25 for each additional payoff statement requested for the residential lot
13during that 2-month period.
SB865,9,1614 2. An association may charge a fee for providing the first payoff statement
15within a 2-month period described under subd. 1. if the association does all of the
16following:
SB865,9,1817 a. Holds a meeting at which the association will consider whether to establish
18the fee and set the amount of the fee.
SB865,9,2019 b. Provides written notice of the meeting held under subd. 2. a. as provided
20under sub. (4).
SB865,9,2221 c. Adopts a written resolution at the meeting held under subd. 2. a. to establish
22the fee or set the amount of the fee, or both.
SB865,9,2523 d. No later than 48 hours after adopting the resolution under subd. 2. c.,
24provides written notice to residential lot owners that the association established the
25fee or set the amount of the fee, or both.
SB865,10,3
13. If an association establishes a fee under subd. 2., the association may
2increase the amount of the fee only by following the procedure under subd. 2. a. to
3d.
SB865,10,64 4. An association's failure to provide a notice required under subd. 2. b. or d.
5does not affect the right of the association to charge the fee established or increased
6under subd. 2. or 3.
SB865,10,107 (d) Damages. If an association to which a request is submitted under par. (b)
8does not provide a payoff statement within the deadline described under par. (b), the
9association is liable to the residential lot owner for any actual damages caused by the
10association's failure or $350, whichever is less.
SB865,3 11Section 3 . Nonstatutory provisions.
SB865,10,1212 (1) Statewide filing system.
SB865,10,1413 (a) The department of financial institutions shall establish the statewide
14searchable filing system under s. 182.01 (7) (a) no later than January 1, 2023.
SB865,10,1915 (b) If the department of financial institutions establishes the statewide
16searchable filing system under s. 182.01 (7) (a) before January 1, 2023, the
17department shall notify the legislative reference bureau of that establishment. The
18legislative reference bureau shall publish a notice in the Wisconsin Administrative
19Register that specifies that date.
SB865,4 20Section 4 . Initial applicability.
SB865,10,2121 (1) Public notices regarding associations; penalty for noncompliance.
SB865,10,2322 (a) Except as provided under par. (b), the treatment of s. 710.18 (3) (f) first
23applies to a fee, late fee, or other fine charged on the effective date of this paragraph.
SB865,11,324 (b) If the fee, late fee, or other fine described under s. 710.18 (3) (f) is authorized
25under covenants and restrictions, as defined in s. 710.18 (1) (c), that contain

1provisions inconsistent with the treatment of s. 710.18 (3) (f), that treatment first
2applies on the day on which the covenants and restrictions are extended, modified,
3or renewed, whichever occurs first.
SB865,5 4Section 5. Effective dates. This act takes effect on the day after publication,
5except as follows:
SB865,11,96 (1) Statewide filing system; public notices regarding associations. The
7treatment of s. 710.18 (3) and Section 4 (1 ) of this act take effect on the date specified
8in the notice published in the Wisconsin Administrative Register under Section 3 (1)
9(b) of this act or on January 1, 2023, whichever is earlier.
SB865,11,1010 (End)
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