Condominium ownership act.
Application of chapter.
Status of the units.
Ownership of units.
Establishment of condominium.
Notice prior to conversion of residential property to condominium.
Alternative procedure for amending declaration.
Modification and correction of recorded condominium instruments, amendments, and addenda.
Display of the United States flag and political signs.
Local review of condominium instruments.
Description of units.
Use of common elements.
Association of unit owners.
Common expenses and common surpluses.
Statutory reserve account.
Lien for unpaid common expenses, unpaid damages, and unpaid penalties.
Repair or reconstruction.
Acquisition of common elements by condemnors.
Books of receipts and expenditures.
Establishing fee amounts charged by association.
Construction and suppliers' liens.
Resident agent; exemption of unit owners from liability.
Remedies for violations by unit owner or tenant of a unit owner.
Association-unit owner dispute; notice required.
Tort and contract liability.
Addendum to plat to reflect changes in building codes or zoning ordinances.
Zoning and building regulations.
Merger or consolidation of condominiums.
Removal from provisions of this chapter.
Removal no bar to subsequent resubmission.
Rules of construction.
Lease or rental agreements for residential units.
Easements and encroachments.
Payoff statement for unpaid assessments and other obligations.
Blanket mortgages and other blanket liens affecting a unit at time of first conveyance.
Termination of contracts and leases.
Provisions requiring employment of declarant or vendor to effect sale.
Applicability to existing condominiums.
Ch. 703 Note
NOTE: 2003 Wis. Act 283
, which affected this chapter, contains extensive explanatory notes.
Condominium ownership act.
This chapter shall be known as the “Condominium Ownership Act".
History: 1977 c. 407
State and federal regulation of condominiums. Minahan. 58 MLR 55.
Condominium conversion and tenant rights — Wisconsin statutes section 703.08: What kind of protection does it really provide. Wynn. 63 MLR 73 (1979).
Transferring Declarant Rights and Obligations Under the Wisconsin Condominium Ownership Act. Ishikawa. Wis. Law. Feb. 1992.
Wisconsin's Revised Condominium Ownership Act. Hinkston. Wis. Law. Sept. 2004.
Advising Prospective Owners of Troubled Condominium Projects. Ishikawa. Wis. Law. Oct. 2009.
In this chapter, unless the context requires otherwise:
“Addendum" means a condominium instrument that modifies a recorded condominium plat.
“Amendment" means a condominium instrument that modifies a recorded condominium declaration.
“Association" means all of a condominium's unit owners acting as a group, either through a nonstock, nonprofit corporation or an unincorporated association, in accordance with its bylaws and declaration.
“Common elements" mean all of a condominium except its units.
“Common expenses and common surpluses" mean the expenses and surpluses of an association.
“Condominium" means property subject to a condominium declaration established under this chapter.
“Condominium instruments" mean the declaration, plats and plans of a condominium together with any attached exhibits or schedules.
“Conversion condominium" means a structure which, before the recording of a condominium declaration, was wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of the purchasers.
“Correction instrument" means an instrument drafted by a professional land surveyor that complies with the requirements of s. 59.43 (2m)
and that, upon recording, corrects an error in a condominium plat. “Correction instrument" does not include an instrument of conveyance.
“Declarant" means any owner who subjects his or her property to a condominium declaration established under this chapter. The term includes an assignee of the declarant under s. 703.09 (4)
“Declaration" means the instrument by which a property becomes subject to this chapter, and that declaration as amended from time to time.
“Expandable condominium" means a condominium to which additional property or units or both may be added in accordance with the provisions of a declaration and this chapter.
“Limited common element" means a common element identified in a declaration or on a condominium plat as reserved for the exclusive use of one or more but less than all of the unit owners.