Wisconsin § 708.03 Prohibiting lender from designating attorney for mortgagor.

Wisconsin Statutes

§ 708.03 — Prohibiting lender from designating attorney for mortgagor.

Wisconsin § 708.03

Ch. 708Mortgages and land contracts

This text of Wisconsin § 708.03 (Prohibiting lender from designating attorney for mortgagor.) 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. § 708.03 (2026).

Text

708.03  A bank, savings bank, savings and loan association or other lender or lending agency requiring a borrower to give a mortgage on real estate as security for a loan or an existing indebtedness may not designate the attorney to represent the mortgagor’s interest in connection with the giving of the mortgage if the mortgagor has or desires a different attorney for that purpose. Any person violating this section shall be fined not more than $100 for each violation.

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708.03 A bank, savings bank, savings and loan association or other lender or lending agency requiring a borrower to give a mortgage on real estate as security for a loan or an existing indebtedness may not designate the attorney to represent the mortgagor’s interest in connection with the giving of the mortgage if the mortgagor has or desires a different attorney for that purpose. Any person violating this section shall be fined not more than $100 for each violation.