708.15(1)(c)(c) “Document” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.

708.15(1)(d)(d) “Electronic” means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities.

708.15(1)(e)(e) “Entitled person” means any of the following:

708.15(1)(e)1.1. A person liable for payment or performance of the obligation secured by the real property described in a security instrument.

708.15(1)(f)(f) “Good faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing.

708.15(1)(g)(g) “Landowner” or “owner” means a person that, before foreclosure, has the right of redemption in the real property described in a security instrument. The term does not include a person that holds only a lien on the real property.

708.15(1)(h)(h) “Notification” means a document containing information required under this section and signed by the person required to provide the information.

708.15(1)(i)(i) “Payoff amount” means the sum necessary to satisfy a secured obligation, as set forth in a payoff statement by the secured creditor.

708.15(1)(j)(j) “Payoff statement” means a document containing the information specified in sub. (3) (d).

708.15(1)(k)(k) “Person” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government, or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.

708.15(1)(L)(L) “Recording data” means the date of recording, the document number, and, if given on the document, the volume and page where the document is recorded in the office of the register of deeds under s. 59.43.

708.15(1)(m)(m) “Residential real property” means real property located in this state that is used primarily for personal, family, or household purposes and is improved by one to 4 dwelling units.

708.15(1)(n)(n) “Secured creditor” means a person that holds or is the beneficiary of a security interest or that is authorized both to receive payments on behalf of a person that holds a security interest and to record a satisfaction of the security instrument upon receiving full performance of the secured obligation. The term does not include a trustee under a security instrument.

708.15(1)(o)(o) “Secured obligation” means an obligation the payment or performance of which is secured by a security interest.

708.15(1)(p)(p) “Security instrument” means an agreement, however denominated, that creates or provides for an interest in real property to secure payment or performance of an obligation, whether or not it also creates or provides for a lien on personal property.

708.15(1)(q)(q) “Security interest” means an interest in real property created by a security instrument.

708.15(1)(r)(r) “Settlement agent” means the person responsible for the preparation of the settlement statement for the conveyance of real property.

708.15(1)(s)(s) “Sign” means, with present intent to authenticate or adopt a document, any of the following:

708.15(1)(s)2.2. To attach to or logically associate with the document an electronic sound, symbol, or process.

708.15(1)(t)(t) “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States.

708.15(1)(u)(u) “Submit for recording” means to deliver, with required fees and taxes, a document sufficient to be recorded under this section, to the office of the register of deeds under s. 59.43.

708.15(1)(v)(v) “Title insurance company” means an organization authorized to conduct the business of insuring titles to real property in this state.

708.15(2)(a)(a) A person gives a notification by doing any of the following:

708.15(2)(a)1.1. Depositing it with the U.S. Postal Service with 1st class postage paid or with a commercially reasonable delivery service with cost of delivery provided, properly addressed to the recipient’s address for giving a notification.