Wisconsin § 703.08 - Notice prior to conversion of residential property to condominium.
Full text of Wisconsin Wisconsin Statutes § 703.08 — Notice prior to conversion of residential property to condominium., with citation guidance and answers to common questions.
§ 703.08. Notice prior to conversion of residential property to condominium.
703.08(1) (1) Residential real property may not be converted to a condominium unless the owner of the residential real property gives prior written notice of the conversion to each of the tenants of the building or buildings scheduled for conversion. During the 60-day period immediately following the date of delivery of the notice a tenant has the first right to purchase the unit, if the unit is offered for sale at any time during that period, for any of the following: 703.08(1)(a) (a) The price at which the unit is being offered on the market. 703.08(1)(b) (b) The price contained in any accepted offer to purchase the unit. 703.08(1)(c) (c) The price otherwise agreed to by the tenant and the seller. 703.08(2) (2) A tenant may not be required to vacate the property during the 120-day period immediately following the date of delivery of the notice required under sub. (1) unless the tenant violates a covenant in the lease or fails to pay rent. 703.08(3) (3) A tenant may waive in writing his or her first right of purchase under sub. (1) , his or her right to remain on the property under sub. (2) , or both. 703.08 History History: 1977 c. 407 ; 2003 a. 283 ; 2021 a. 168 . 703.08 Note NOTE: 2003 Wis. Act 283 , which affected this section, contains extensive explanatory notes. 703.08 Annotation Condominium conversion and tenant rights — Wisconsin statutes section 703.08: What kind of protection does it really provide. Wynn. 63 MLR 73 (1979).
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 703.08
What does Wisconsin Statutes § 703.08 cover?
Section 703.08 ("Notice prior to conversion of residential property to condominium.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 703.08?
A common citation format is "Wisconsin Statutes § 703.08" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 703.08 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.