Wis. Stat. § 703.34: Blanket mortgages and other blanket liens affecting a unit at time of first conveyance.
Where this section sits in the code
- Chs. 700-711, Property
- Chapter 703 Condominiums
As a condition to the first transfer of title to each unit:
(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;
(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
(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.
Collected 2026-09-05T12:01:34Z. Source file · JSON