Wisconsin § 703.34 Blanket mortgages and other blanket liens affecting a unit at time of first conveyance.

Wisconsin Statutes

§ 703.34 — Blanket mortgages and other blanket liens affecting a unit at time of first conveyance.

Wisconsin § 703.34

Ch. 703Condominiums

This text of Wisconsin § 703.34 (Blanket mortgages and other blanket liens affecting a unit at time of first conveyance.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 703.34 (2026).

Text

34  As a condition to the first transfer of title to each unit:
34(1) (1) Every mortgage and other lien affecting such unit, including the undivided interest in the common areas and facilities appurtenant to such unit, shall be paid and satisfied of record;
34(2) (2) A unit being transferred and an undivided interest in the common areas and facilities appurtenant thereto shall be released by partial release duly recorded; or
34(3) (3) A mortgage or other lien shall provide for or be amended to provide for a release of the unit and the undivided interest in the common areas and facilities appurtenant thereto from the lien of a mortgage or other lien upon the payment of a sum certain.

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703.34 As a condition to the first transfer of title to each unit:
703.34(1) (1) Every mortgage and other lien affecting such unit, including the undivided interest in the common areas and facilities appurtenant to such unit, shall be paid and satisfied of record;
703.34(2) (2) A unit being transferred and an undivided interest in the common areas and facilities appurtenant thereto shall be released by partial release duly recorded; or
703.34(3) (3) A mortgage or other lien shall provide for or be amended to provide for a release of the unit and the undivided interest in the common areas and facilities appurtenant thereto from the lien of a mortgage or other lien upon the payment of a sum certain.