Property Laws & Regulations Flashcards

In Wisconsin, which type of property ownership automatically includes the right of survivorship between spouses?

Answer: Survivorship marital property

Wisconsin's marital property law allows spouses to hold survivorship marital property, which passes automatically to the surviving spouse.

Under Wisconsin law, a valid deed conveying real estate must be signed by whom?

Answer: The grantor

A deed must be signed by the grantor (the person conveying the property) to be valid in Wisconsin.

What is the primary purpose of recording a deed at the Wisconsin Register of Deeds office?

Answer: To provide constructive notice to third parties

Recording provides constructive notice to the public of the ownership interest, protecting the grantee against later claims.

In Wisconsin, an easement that benefits a neighboring parcel of land is known as an easement:

Answer: Appurtenant

An easement appurtenant benefits a specific parcel (the dominant estate) and typically transfers with the land.

Which Wisconsin document must a seller of residential property typically provide to a buyer disclosing the property's condition?

Answer: Real Estate Condition Report

Wisconsin law requires most residential sellers to give the buyer a Real Estate Condition Report disclosing known defects.

A Wisconsin property owner who allows another person to openly use their land continuously for 20 years may lose rights through:

Answer: Adverse possession

Wisconsin's adverse possession statute can grant title after 20 years of open, notorious, hostile, and continuous possession.

In Wisconsin, when a person dies without a will and no heirs can be found, the property passes to the state through:

Answer: Escheat

Escheat is the process by which property reverts to the state when an owner dies intestate with no locatable heirs.