{"data":{"id":"us-wi/wis.-stat.-707.03","jurisdiction":"us-wi","citation":"Wis. Stat. § 707.03","heading":"Status of time-share estates.","body":"(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.\n(2) Each time-share estate constitutes for all purposes a separate estate in real property.","path":["Chs. 700-711, Property","Chapter 707 Time-Share Ownership","SUBCHAPTER I"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/707.03","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:35Z","sha256":"bdad5619f01bc932edcf58ef137f31d98a0233893e98442b35912532a52ddbe8","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-707.02","next":"us-wi/wis.-stat.-707.05"},"notice":"GroundRules: Original legal text. Not legal advice."}