{"data":{"id":"us-wi/wis.-stat.-234.624","jurisdiction":"us-wi","citation":"Wis. Stat. § 234.624","heading":"Transfer of interest.","body":"If a participant ceases to reside in a qualifying dwelling unit, or if the participant’s total ownership interest in the qualifying dwelling unit is transferred to one or more co-owners in that unit, or if both of these events occur, a co-owner may assume the participant’s account by applying to the authority if the co-owner resides in the qualified dwelling unit. Upon approval of the application, and if the co-owner is 65 years of age or older, the co-owner shall become a participant in the program and shall qualify for program loans. A co-owner who has not attained the age of 65 at the time of application under this section may assume the account of a participant but shall not become a participant or qualify for program loans until the co-owner attains the age of 65.","path":["Chs. 231-234, Independent Authorities","Chapter 234 Wisconsin Housing And Economic Development Authority","SUBCHAPTER I GENERAL PROVISIONS; HOUSING AND ECONOMIC DEVELOPMENT PROGRAMS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/234.624","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:10Z","sha256":"18c536941bde1c3b5875e35e8f9f004e9ed33a0bfd2910fd92e6216ae8b20507","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-234.623","next":"us-wi/wis.-stat.-234.625"},"notice":"GroundRules: Original legal text. Not legal advice."}