Wisconsin Residential Purchase and Sale Agreement

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Wisconsin Residential Purchase and Sale Agreement

The Wisconsin residential purchase and sale agreement is a contract that is used for residential real estate transactions between a buyer and a seller. Both parties may propose and negotiate terms and conditions until they have reached an agreement. The terms of the agreement will include the purchase price, closing cost, and closing date.

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Last updated May 15th, 2025

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The Wisconsin residential purchase and sale agreement is a contract that is used for residential real estate transactions between a buyer and a seller. Both parties may propose and negotiate terms and conditions until they have reached an agreement. The terms of the agreement will include the purchase price, closing cost, and closing date.

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Contents

Real Estate Examining Board Version

Wisconsin WB-11 Residential Offer to Purchase – A purchase agreement that is drafted by the Wisconsin Real Estate Examining Board for use by professional realtors and individuals in the state. This form cannot be used for the purchase and sale of condominiums.

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Required Disclosures (3)
Condominium Addendum to Real Estate Condition Report (§ 709.02(2)) – Relays the basic information regarding a condominium being sold. If a Real Estate Condition Report is required for the sale of a condominium, this addendum must be completed by the seller and attached to the report.

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Lead-Based Paint – The presence of lead-based paint must be disclosed to the buyer if the property being sold was constructed prior to 1978.

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Property Disclosure Statement (§ 709.01(2), § 709.02(1), § 709.03, and § 709.033) – Discloses the condition of the property to the buyer. Required unless the buyer/transferee is a personal representative, trustee, conservator, or fiduciary of the seller, or if the transaction is exempt from the real estate transfer fee. 

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