Real Estate Condition Report PDF Details

If you are in the market for a new home, you will likely want to have a real estate condition report form completed. This document provides information on the current condition of the property so that you are aware of any potential repairs or issues that may need to be addressed. By having this form prepared, you can negotiate with the seller to have these items fixed before closing on the home. It is also a good idea to ask for this form to be completed if you are considering purchasing a pre-owned home as it will give you an idea of what needs to be done in order for the property to be up to par with your standards.

Here, you can see some specifics about real estate condition report PDF. You can learn its length, the average time necessary to fill out the form, the blanks you should fill in, and so forth.

Question	Answer
Form Name	Real Estate Condition Report
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	seller condition report, wisconsin real estate condition report fillable, wi real estate condition report, wisconsin real estate condition report

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THIS CONDITION REPORT CONCERNS THE REAL PROPERTY LOCATED AT

(STREET ADDRESS) IN THE(CITY) (VILLAGE) (TOWN) OF

REAL ESTATE CONDITION REPORT

DISCLAIMER

WISCONSIN REALTORS® ASSOCIATION

4801 Forest Run Road

Madison, Wisconsin 53704

Fair Fee Madison

Page 1 of 2

COUNTY OF

, STATE OF WISCONSIN. THIS REPORT IS A DISCLOSURE OF THE CONDITION OF THAT PROPERTY

IN COMPLIANCE WITH SECTION 709.02 OF THE WISCONSIN STATUTES AS OF

(MONTH),

(DAY),

(YEAR). IT

IS NOT A WARRANTY OF ANY KIND BY THE OWNER OR ANY AGENTS REPRESENTING ANY PRINCIPAL IN THIS TRANSACTION AND IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THAT THE PRINCIPALS MAY WISH TO OBTAIN.

OWNER'S INFORMATION

B.1. In this form, "am aware" means to have notice or knowledge. In this form, "defect" means a condition that would have a significant adverse effect on the value of the property; that would significantly impair the health or safety of future occupants of the property; or that if not repaired, removed or replaced would significantly shorten or adversely affect the expected normal life of the premises.

B.2. The owner discloses the following information with the knowledge that, even though this is not a warranty, prospective buyers may rely on this information in deciding whether and on what terms to purchase the property. The owner hereby authorizes any agent representing any principal in this transaction to provide a copy of this statement, and to disclose any information in the statement, to any person in connection with any actual or anticipated sale of the property.

B.3. The owner represents that to the best of his or her knowledge the responses to the following statements have been accurately noted as "yes", "no" or "not applicable" to the property being sold. If the owner responds to any statement with "yes", the owner shall provide, in the additional information area of this form, an explanation of the reason why the response to the statement is "yes".

B.4. If the transfer is of a condominium unit, the property to which this form applies is the condominium unit, the common elements of the condominium and any limited common elements that may be used only by the owner of the condominium unit being transferred.

					See
	PROPERTY CONDITION STATEMENTS*				Expert's
		Yes	No	N/A	Report
C.1.	I am aware of defects in the roof.
C.2.	I am aware of defects in the electrical system.
C.3.	I am aware of defects in part of the plumbing system (including the water heater, water softener and
C.3.
	swimming pool) that is included in the sale.
C.4.	I am aware of defects in the heating and air conditioning system (including the air filters and
	humidifiers).
C.5.	I am aware of defects in the well, including unsafe well water.
C.6.	I am aware that this property is served by a joint well.
C.7.	I am aware of defects in the septic system or other sanitary disposal system.
C.8.	I am aware of underground or aboveground fuel storage tanks on or previously located on the property.
	(If "yes", the owner, by law, may have to register the tanks with the department of safety and
	professional services at P.O. Box 7970, Madison, Wisconsin, 53707, whether the tanks are in use or
	not. Regulations of the department of safety and professional services may require the closure or
	removal of unused tanks).
C.9.	I am aware of an "LP" tank on the property. (If "yes", specify in the additional information space
	whether or not the owner of the property either owns or leases the tank).
C.10.	I am aware of defects in the basement or foundation (including cracks, seepage and bulges). Other
	basement defects might include, but are not limited to, flooding, extreme dampness or wet walls,
	unsafe concentrations of mold, or defects in drain tiling or sump pumps.
C.11.	I am aware that the property is located in a floodplain, wetland or shoreland zoning area.
C.12.	I am aware of defects in the structure of the property.
C.13.	I am aware of defects in mechanical equipment included in the sale either as fixtures or personal
	property.
C.14.	I am aware of boundary or lot line disputes, encroachments or encumbrances (including a joint
	driveway)
C.15.	I am aware of a defect caused by unsafe concentrations of, or unsafe conditions relating to, radon,
	radium in water supplies, high voltage electric (100 KV or greater) or steel natural gas transmission
	lines located on but not directly serving the property, lead in paint, lead in soil, lead in water supplies or
	plumbing system or other potentially hazardous or toxic substances on the premises. Such defects
	might also be caused by unsafe levels of mold. NOTE: specific federal lead paint disclosure
	requirements must be complied with in the sale of most residential properties built before 1978.
C.16.	I am aware of the presence of asbestos or asbestos-containing materials on the premises.
C.17.	I am aware of a defect caused by unsafe concentrations of, unsafe conditions relating to, or the storage
	of, hazardous or toxic substances on neighboring properties.
C.18.	I am aware of current or previous termite, powder-post beetle or carpenter ant infestations
	or defects caused by animal or other insect infestations.
C.19.	I am aware of defects in a woodburning stove or fireplace or of defects caused by a fire in a stove or
	fireplace or elsewhere on the property or a violation of applicable state or local smoke detector laws;
	NOTE: State law requires operating smoke detectors on all levels of all residential properties, and
	operating carbon monoxide detectors on all levels of most residential properties (see Wis. Stat.
	§§ 101.149 & 101.647).
C.20.	I am aware either that remodeling affecting the property's structure or mechanical systems was done or
	that additions to this property were made during my period of ownership without the required permits.
C.21.	I am aware of federal, state or local regulations requiring repairs, alterations or corrections of an
	existing condition.

Fair Fee Madison 502 Toepfer Ave Madison, WI 53711-1633		Phone: 608.238.3801	Fax: .	RECR Template
David Zwiefelhofer	Produced with zipForm® by zipLogix	18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

	[page 2 of 2]				See
					Expert's
		Yes	No	N/A	Report
C.22.	I have received notice of property tax increases, other than normal annual increases, or am aware of a
	pending property reassessment.
C.23.	I am aware that remodeling that may increase the property's assessed value was done.
C.24.	I am aware of proposed or pending special assessments.
C.24.m	I am aware that the property is located within a special purpose district, such as a drainage district, that
	has the authority to impose assessments against the real property located within the district.
C.25.	I am aware of the proposed construction of a public project that may affect the use of the property.
C.26.	I am aware of subdivision homeowners' associations, common areas co-owned with others, zoning
	violations or nonconforming uses, any land division involving the property for which required state or
	local permits had not been obtained, rights-of-way, easements or another use of a part of the property
	by nonowners, other than recorded utility easements.
C.26.m	I am aware that the property is subject to a mitigation plan required under administrative rules of the
	department of natural resources related to county shoreland zoning ordinances, which obligates the
	owner of the property to establish or maintain certain measures related to shoreland conditions and
	which is enforceable by the county.
C.27.	I am aware of other defects affecting the property.

ADDITIONAL INFORMATION

D.1.

I am aware that a structure on the property is designated as a historic building or that part of the

property is in a historic district.

D.1.a

I am aware of a pier attached to the property that is not in compliance with state or local pier

regulations. See http://dnr.wi.gov/ for information.

D.1.b

All or part of the land has been assessed as agricultural land under Wis. Stat. § 70.32(2r) (use-value

assessment).

D.1.c

The owner has been assessed a use-value assessment conversion charge under Wis. Stat.

§ 74.485(2).

D.1.d

The payment of the use-value assessment conversion charge has been deferred under Wis. Stat.

§ 74.485(4).

Notice: The use value assessment system values agricultural land based on the income that would be generated from its rental for agricultural

use rather than its fair market value. When a person converts agricultural land to a non-agricultural use (e.g. residential or commercial

development), that person may owe a conversion charge. To obtain more information about the use value law or conversion charge, contact the

Wisconsin Department of Revenue's Equalization Section at 608-266-2149 or visit http://www.revenue.wi.gov/faqs/slf/useassmt.html.

D.1.e

I am aware that the property is subject to a farmland preservation agreement.

Notice: The early termination of a farmland preservation agreement or removal of

land from such an agreement can trigger payment of a conversion fee equal to 3 times the class 1 "use value" of the land. Call 608-224-4500 or

visit http://datcp.wi.gov/Environment/Working_Lands_Initiative/ for more information.

D.1.f

I am aware of the presence of unsafe levels of mold, or roof, basement, window or plumbing leaks, or

overflow from sinks, bathtubs or sewers, or other water or moisture intrusions or conditions that might

initiate the growth of unsafe levels of mold.

D.1.g

I am aware that all, or part, of the property is subject to, enrolled in or in violation of a Farmland

Preservation Agreement (see D.1.e.), Forest Crop Law, Managed Forest Law (see disclosure

requirement in Wis. Stat. § 710.12), the Conservation Reserve Program or a comparable program.

D.2.

The owner has lived on the property for

years.

D.3.

Explanation of "yes" responses. (See B. 3.)

Notice: You may obtain information about the sex offender registry and persons registered with the registry by contacting the Wisconsin Department of Corrections on the Internet at http://www.widocoffenders.org or by phone at 608-240-5830.

OWNER'S CERTIFICATION

E. The owner certifies that the information in this report is true and correct to the best of the owner's knowledge as of the date on which the owner signs this report. NOTE: Wisconsin Statute §709.035 requires owners who, prior to acceptance, obtain information which would change a response on this report, to submit a new report or an amended report to the prospective buyer.

Owner		Date		Owner		Date
Owner		Date		Owner		Date

CERTIFICATION BY PERSON SUPPLYING INFORMATION

F. A person other than the owner certifies that he or she has supplied information on which the owner relied for this report and that information is true and correct to the best of that person's knowledge as of the date on which the person signs this report.

Person		Items		Date		Person		Items		Date
Person		Items		Date		Person		Items		Date

NOTICE REGARDING ADVICE OR INSPECTIONS

G. THE PROSPECTIVE BUYER AND THE OWNER MAY WISH TO OBTAIN PROFESSIONAL ADVICE OR INSPECTIONS OF THE PROPERTY AND TO PROVIDE FOR APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN THEM WITH RESPECT TO ANY ADVICE, INSPECTIONS, DEFECTS OR WARRANTIES.

BUYER'S ACKNOWLEDGMENT

H.1. THE PROSPECTIVE BUYER ACKNOWLEDGES THAT TECHNICAL KNOWLEDGE SUCH AS THAT ACQUIRED BY PROFESSIONAL INSPECTORS MAY BE REQUIRED TO DETECT CERTAIN DEFECTS SUCH AS THE PRESENCE OF ASBESTOS, BUILDING CODE VIOLATIONS AND FLOODPLAIN STATUS.

H.2. I ACKNOWLEDGE RECEIPT OF A COPY OF THIS STATEMENT.

Prospective Buyer		Date		Prospective Buyer		Date
Prospective Buyer		Date		Prospective Buyer		Date

*NOTE: All information appearing in italics in this REAL ESTATE CONDITION REPORT is purely of a supplemental nature and is not required pursuant to Section 709.03 of the Wisconsin Statutes.

No representation is made as to the legal validity of any provision or the adequacy of any provision in any specific transaction.
Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com	RECR Template

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Entering details in wisconsin condition report stage 4

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D D, I am aware that a structure on the, years, Notice You may obtain information, OWNERS CERTIFICATION E The owner, Owner, Owner, Date, Date, Owner, Owner, Date, Date, CERTIFICATION BY PERSON SUPPLYING, and Person Person in wisconsin condition report

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