Wisconsin § 707.03 Status of time-share estates.

Wisconsin Statutes

§ 707.03 — Status of time-share estates.

Wisconsin § 707.03

Ch. 707Time-share ownership

Subch.subch. I of ch. 707 SUBCHAPTER I

GENERAL PROVISIONS

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Bluebook

Wis. Stat. § 707.03 (2026).

Text

03
03(1) (1) A grant of an estate in a unit conferring the right of possession during a potentially infinite number of separated periods creates a fee simple absolute interest, and a grant of an estate in a unit conferring the right of possession during 4 or more separated periods over a finite number of years equal to at least 4, including renewal options, creates an interest for years.
03(2) (2) Each time-share estate constitutes for all purposes a separate estate in real property.

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707.03
707.03(1) (1) A grant of an estate in a unit conferring the right of possession during a potentially infinite number of separated periods creates a fee simple absolute interest, and a grant of an estate in a unit conferring the right of possession during 4 or more separated periods over a finite number of years equal to at least 4, including renewal options, creates an interest for years.
707.03(2) (2) Each time-share estate constitutes for all purposes a separate estate in real property.