Under Wisconsin Statutes Section 709.03, which type of residential property sale triggers the requirement for a seller to provide a Real Estate Condition Report (RECR) to the buyer?
Correct Answer
A) Residential properties containing one to four dwelling units
Wisconsin Statutes Section 709.01 and 709.03 require sellers of residential real property consisting of one to four dwelling units to provide a completed Real Estate Condition Report (RECR) to prospective buyers. This threshold of 1–4 units is the statutory trigger for the disclosure obligation.
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