Wisconsin § 707.02 - Definitions.

§ 707.02. Definitions.

In this chapter: 707.02(1) (1) “Affiliate of a developer” means any person who controls, is controlled by or is under common control with a developer. 707.02(2) (2) “Association” means the association organized under s. 707.30 (2) . 707.02(4) (4) “Campground” means real property that is available for use by campground members under a campground contract and is intended for camping or outdoor recreation, including the use of campsites and campground amenities by campground members, but does not include a manufactured and mobile home community as defined in s. 66.0435 (1) (cg) . 707.02(5) (5) “Campground amenity” means a major recreational building or recreational facility at a campground, including a swimming pool, ski hill, marina, pier, tennis court, utility-serviced campsite, clubhouse, trading post or grocery store; but does not include an individual campsite or general campsite location, any minor recreational building or facility, horseshoe pit or other minor game or athletic court, or a nonrecreational building or facility, including a restroom, road, dump station or pumphouse. 707.02(6) (6) “Campground contract” means an agreement entered into within this state evidencing a campground member’s ownership of a time-share easement in a campground. 707.02(7) (7) “Campground member” means a person who enters into a campground contract with a campground operator, or a transferee of a person who enters into a campground contract with a campground operator. 707.02(8) (8) “Campground operator” means a developer who is the owner or operator of a campground for which campground contracts are offered or sold. 707.02(9) (9) “Closing” means: 707.02(9)(a) (a) With respect to time-share estates, conveyance of legal or equitable title to the time share by delivery of a deed or contract to purchase to the purchaser. 707.02(9)(b) (b) With respect to time-share easements, delivery by all parties of the documents necessary to vest in the purchaser the rights to access and use of the time-share unit. 707.02(9m) (9m) “Controls” or “controlled by” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract, by common management or otherwise, including any of the following, unless the powers are held solely as security for an obligation and are not exercised: 707.02(9m)(a) (a) Owning or controlling more than 20 percent of the voting interest in a person. 707.02(9m)(b) (b) Controlling the election of a majority of the directors of a person. 707.02(9m)(c) (c) Contributing more than 20 percent of the capital of a person. 707.02(10) (10) “Conversion building” means a building that at any time before the disposition of any time share was occupied wholly or partially by persons other than purchasers and persons who occupied with the consent of purchasers. 707.02(11) (11) “Developer” means any person who offers to dispose of, or disposes of, an interest in a time share not previously disposed of or succeeds to any special developer right under s.