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(4m) ?One-party listing? means a written listing contract containing all of the elements of an exclusive right to sell listing, except that listing firm is entitled to a commission only if the property is sold by the owner, by the firm, or by anyone else to a specific party or parties identified in the written listing ...

WB-41 NOTICE RELATING TO OFFER TO PURCHASE. Caution: Use A WB-41 Notice If A Party Is Giving A Notice Which Does Not Require The Other Party's Agreement. Use A WB-40 Amendment If Both Parties Will Be Agreeing To Modify The Terms Of The Offer.

Examples of material defects include things such as: water damage in the basement, a structural defect, environmental hazards and/or renovations that were done without a permit. It could also involve a lien on the property or a demolition order.

A material defect is a specific issue with a system or component of a residential property that may have a significant, adverse impact on the value of the property, or that poses an unreasonable risk to people.

(2m) ?Defect? means a condition of any component of an improvement that a home inspector determines, on the basis of the home inspector's judgment on the day of an inspection, would significantly impair the health or safety of occupants of a property or that, if not repaired, removed, or replaced, would significantly ...

Most, but not all, sellers of real estate in Wisconsin are required to submit a real estate condition report to any potential buyer. (See Chapter 709 of the Wisconsin Statutes.) The law doesn't, however, apply to multi-unit properties (more than four dwelling units).