Although we are the Minnesota State Bar Association, we know our members cross the border now and again and mix with cheeseheads and their property. So, for those such people, a heads up that the Wisconsin Department of Regulation and Licensing has approved a revised residential offer-to-purchase form. Its use is mandated July 1, 2011.
An article in the June issue of the Wisconsin Lawyer, “Revising the Residential Offer Form,” discusses the revisions. The author points out the improvements and also some potential flaws in the newly revised form. If you are dealing with Wisconsin residential real estate, be sure to read it.