Law to Protect Condo Buyers From Surprises; Fees, Rules to Be Revealed Upfront
The Milwaukee Journal Sentinel › May 30, 2006
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Summary
Wisconsin condominium shoppers may soon be better attuned to the occasionally unpleasant facts of condo life before buying.
Starting June 1, this state will require clear, concise notice of condo association rules and special charges prior to any condo unit sale. Such disclosures must be in a brief notice called an executive summary.See the full content of this document
Extract
Law to Protect Condo Buyers From Surprises; Fees, Rules to Be Revealed Upfront
"The executive summary is designed to pull buyers' attention to key issues," said Debbi Conrad, director of legal affairs for Wisconsin Realtors Association in Madison. "Pets, parking...
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