Form WB-12 at a glance
What it is: Form WB-12 is the Farm Offer to Purchase.
Who signs: Acceptance occurs when all Buyers and Sellers have signed one copy of the Offer, or separate but identical copies of the Offer.
A filled-in Form WB-12 example: a buyer fills in page 1
How to fill out Form WB-12, box by box
The Buyer and the Property known as
The Buyer offers to purchase the Property known as.
The purchase price
The purchase price is Dollars ($).
Binding acceptance
This Offer is binding upon both Parties only if a copy of the accepted Offer is delivered to Buyer on or before.
More rules for Form WB-12
Included in purchase price is the Property, all Fixtures on the Property as of the date stated on line 1 of this Offer (unless excluded at lines 18-20), and the following additional items.
Annual crops are not part of the purchase price unless otherwise agreed.
Not included in purchase price is Seller's personal property (unless included at lines 13-14) and the following.
This transaction is to be closed on at the place selected by Seller, unless otherwise agreed by the Parties in writing.
Earnest money of $ accompanies this Offer, or earnest money of $ will be mailed, or commercially, electronically or personally delivered within days ("5" if left blank) after acceptance.
The balance of purchase price will be paid in cash or equivalent at closing unless otherwise agreed in writing.
To reduce the risk of wire transfer fraud, any wiring instructions received should be independently verified by phone or in person with the title company, financial institution, or entity directing the transfer.
Sources
[1] Form WB-12 Farm Offer to Purchase, Wisconsin Department of Safety and Professional Services (the Official source link on this page).