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B. 2. The owner discloses the following information with the knowledge that,
10even though this is not a warranty, prospective buyers may rely on this information
11in deciding whether and on what terms to purchase the property. The owner hereby
12authorizes any agent representing any principal in this transaction to provide a copy
13of this statement, and to disclose any information in the statement, to any person in
14connection with any actual or anticipated sale of the property.
AB163,5,1915
B. 3. The owner represents that to the best of his or her knowledge the
16responses to the following statements have been accurately noted as "yes," "no," or
17"not applicable" to the property being sold. If the owner responds to any statement
18with "yes," the owner shall provide, in the additional information area of this form,
19an explanation of the reason why the response to the statement is "yes."
AB163,5,2320
B. 4. If the transfer is of a condominium unit, the property to which this form
21applies is the condominium unit, the common elements of the condominium, and any
22limited common elements that may be used only by the owner of the condominium
23unit being transferred.
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See PDF for table 
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See PDF for table AB163,11,11
NOTICE REGARDING SEX OFFENDER REGISTRY
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E. The prospective buyer may obtain information about the sex offender
3registry and persons registered with the registry by contacting the Wisconsin
4Department of Corrections at (608) 240-5830 or by visiting
5http://www.widocoffenders.org.
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OWNER'S CERTIFICATION
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F. The owner certifies that the information in this report is true and correct to
8the best of the owner's knowledge as of the date on which the owner signs this report.
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Owner ....
Date ....
AB163,11,1010
Owner ....
Date ....
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CERTIFICATION BY PERSON SUPPLYING
12
INFORMATION
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G. A person other than the owner certifies that he or she has supplied
14information on which the owner relied for this report and that that information is
15true and correct to the best of that person's knowledge as of the date on which the
16person signs this report.
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Person ....
Items ....
Date ....
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1Person ....
Items ....
Date ....
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Person ....
Items ....
Date ....
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NOTICE REGARDING ADVICE OR INSPECTIONS
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H. THE PROSPECTIVE BUYER AND THE OWNER MAY WISH TO OBTAIN
5PROFESSIONAL ADVICE OR INSPECTIONS OF THE PROPERTY AND TO
6PROVIDE FOR APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN
7THEM WITH RESPECT TO ANY ADVICE, INSPECTIONS, DEFECTS, OR
8WARRANTIES.
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BUYER'S ACKNOWLEDGEMENT
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I. 1. The prospective buyer acknowledges that technical knowledge such as
11that acquired by professional inspectors may be required to detect certain defects
12such as floodplain status.
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I. 2. I acknowledge receipt of a copy of this statement.
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Prospective buyer ....
Date ....
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Prospective buyer ....
Date ....
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Prospective buyer ....
Date ....
AB163, s. 8
17Section
8. 709.07 of the statutes is amended to read:
AB163,12,23
18709.07 Liability precluded. An owner is not liable for an error or omission
19in a report under s. 709.03
or 709.033 if the owner had no knowledge of that error
20or omission, if the error or omission was based on information provided by a public
21agency,
as defined in s. 66.0825 (3) (h), or by a licensed engineer, land surveyor,
22structural pest control operator
, or qualified 3rd party,
as defined in s. 452.23 (2) (b), 23or by a contractor about matters within the scope of the contractor's occupation.
AB163,13,3
1(1) This act first applies to prospective transfers of real property that does not
2include any buildings for which contracts of sale or option contracts are accepted on
3the effective date of this subsection.
AB163,13,65
(1)
This act takes effect on first day of the 7th month beginning after
6publication.
