SB621-SSA1,5,222 846.102 (3) (a) 1. Hold a sale of the mortgaged premises and have the sale
23confirmed under s. 846.165 846.16 (2m). Any sale of the mortgaged premises may
24be held at any time after the expiration of 5 weeks from the date when the judgment

1is entered. Notice of the time and place of sale shall be given under ss. 815.31 and
2s. 846.16 (1) and may be given at any time within the 12-month period.
SB621-SSA1,8 3Section 8. 846.103 (1) of the statutes, as affected by 2017 Wisconsin Act 104,
4is amended to read:
SB621-SSA1,5,125 846.103 (1) No foreclosure sale involving real property other than a one-family
6to 4-family residence that is owner-occupied at the commencement of the
7foreclosure action, a farm, a church, or a tax-exempt nonprofit charitable
8organization may be held until the expiration of 6 months from the date when the
9judgment is entered except a sale under sub. (2). Notice of the time and place of sale
10shall be given under ss. 815.31 and s. 846.16 (1) and may be given within the 6-month
11period, except that the first printing of the notice shall not be made less than 4
12months after the date when the judgment is entered.
SB621-SSA1,9 13Section 9. 846.103 (2) of the statutes, as affected by 2017 Wisconsin Act 104,
14is amended to read:
SB621-SSA1,6,815 846.103 (2) If the mortgagor of real property other than a one-family to
164-family residence that is owner-occupied at the commencement of the foreclosure
17action, a farm, a church, or a tax-exempt nonprofit charitable organization has
18agreed in writing at the time of the execution of the mortgage to the provisions of this
19section, the plaintiff in a foreclosure action of a mortgage, which mortgage is recorded
20subsequent to May 12, 1978, may elect by express allegation in the complaint to
21waive judgment for any deficiency that may remain due to the plaintiff after sale of
22the mortgaged premises against every party who is personally liable for the debt
23secured by the mortgage, and to consent that the mortgagor, unless he or she
24abandons the property, may remain in possession of the mortgaged premises and be
25entitled to all rents, issues, and profits therefrom to the date of confirmation of the

1sale by the court. When the plaintiff so elects, judgment shall be entered as provided
2in this chapter, except that no judgment for deficiency may be ordered nor separately
3rendered against any party who is personally liable for the debt secured by the
4mortgage and the sale of the mortgaged premises shall be made upon the expiration
5of 3 months from the date when the judgment is entered. Notice of the time and place
6of sale shall be given under ss. 815.31 and s. 846.16 (1) and may be given within the
73-month period, except that the first printing of the notice shall not be made less
8than one month after the date when the judgment is entered.
SB621-SSA1,10 9Section 10. 846.16 (title) of the statutes, as affected by 2017 Wisconsin Act
10104
, is amended to read:
SB621-SSA1,6,11 11846.16 (title) Notice of sale; sale; confirmation; transfer.
SB621-SSA1,11 12Section 11. 846.16 (1) (title) of the statutes, as created by 2017 Wisconsin Act
13104
, is amended to read:
SB621-SSA1,6,1414 846.16 (1) (title) Notice of sale and sale.
SB621-SSA1,12 15Section 12. 846.16 (1) (a) of the statutes, as affected by 2017 Wisconsin Act
16104
, is amended to read:
SB621-SSA1,6,2317 846.16 (1) (a) Notice of in-person sale. The Except as provided in par. (bm), the
18sheriff or referee who makes sale of mortgaged premises, under a judgment therefor,
19shall give notice of the time and place of sale in the manner provided by law for the
20sale of real estate upon execution
as provided under s. 815.31 or in such other manner
21as the court shall in the judgment direct. The sheriff or referee shall include in the
22notice of sale the street address, if any, of the real estate to be sold and the sum of
23the judgment. If
SB621-SSA1,7,4 24(cm) Notice to department of veterans affairs. In addition to providing notice
25of sale under par. (a) or (bm), if
the department of veterans affairs is also a party in

1the foreclosure action, the judgment shall direct that notice of sale be given by
2registered mail, return receipt requested, to the department at Madison, Wisconsin,
3at least 3 weeks prior to the date of sale, but such requirement does not affect any
4other provision as to giving notice of sale. Upon the
.
SB621-SSA1,7,9 5(1r) (a) Execution of deed. After a sale of the mortgaged premises under sub.
6(1g)
and upon compliance with its the terms of the sale, the sheriff or referee shall
7make and execute to the purchaser, the purchaser's assigns, or personal
8representatives a deed of the mortgaged premises sold that includes sets forth each
9parcel of land sold to the purchaser and the purchase price paid for each parcel.
SB621-SSA1,13 10Section 13. 846.16 (1) (b) of the statutes, as affected by 2017 Wisconsin Act
11104
, is renumbered 846.16 (1r) (b), and 846.16 (1r) (b) (intro.) and 2. a., as
12renumbered, are amended to read:
SB621-SSA1,7,1413 846.16 (1r) (b) (intro.) No later than 10 days after the a sale of the mortgaged
14premises under sub. (1g), the sheriff or referee shall do all of the following:
SB621-SSA1,7,1515 2. a. The deed to the mortgaged premises executed under par. (a).
SB621-SSA1,14 16Section 14. 846.16 (1) (bm) of the statutes is created to read:
SB621-SSA1,7,1917 846.16 (1) (bm) Notice of Internet-based sale. If a sale is conducted under sub.
18(1g) (b), the sheriff or referee who makes sale of mortgaged premises shall give notice
19of the time and place of sale as provided under par. (a), except as follows:
SB621-SSA1,8,220 1. Section 815.31 (1) does not apply to the sale. The sheriff or referee shall
21publicly advertise the time and place of holding the sale by posting, at least 3 weeks
22prior to the date of the sale, a written notice describing the mortgaged premises to
23be sold with reasonable certainty in one public place in the city, village, or town where
24the mortgaged premises are located and, if the county where the mortgaged premises
25are located maintains an Internet site, on that Internet site. If the city, village, or

1town where the mortgaged premises are located maintains an Internet site, the city,
2village, or town may post the notice on that Internet site.
SB621-SSA1,8,33 2. The notice also shall include all of the following information:
SB621-SSA1,8,44 a. A statement that the sale will be conducted using an Internet-based auction.
SB621-SSA1,8,65 b. The address of the Internet site where the Internet-based auction will be
6conducted.
SB621-SSA1,8,87 c. The time period during which bids for the mortgaged premises may be
8submitted.
SB621-SSA1,8,129 d. Instructions on how the general public may observe the Internet-based
10auction and on how a person may participate in the auction, including any
11prerequisites to participation that may apply, or the address of an Internet site where
12those instructions are posted.
SB621-SSA1,8,1513 e. A description of the terms of sale that apply to the Internet-based auction,
14including a description of any lien or other encumbrance on the mortgaged premises
15that has priority over the mortgage that is the subject of the foreclosure action.
SB621-SSA1,15 16Section 15. 846.16 (1) (c) of the statutes, as affected by 2017 Wisconsin Act 104,
17is renumbered 846.16 (1g) (a), and 846.16 (1g) (a) 1. and 2., as renumbered, are
18amended to read:
SB621-SSA1,9,219 846.16 (1g) (a) 1. Except as provided under subd. 2. and this subdivision, the
20sheriff or referee may not accept less than $100 as a deposit or down payment from
21the purchaser at a sale of mortgaged premises. The sheriff or referee shall deliver
22the amount of the deposit or down payment to the clerk of court as provided in par.
23(b)
sub. (1r) (b) 2. b., and the purchaser shall pay the balance of the sale purchase
24price to the clerk of court upon the confirmation of the sale as provided in sub. (2m)
25(b)
. If the highest bid is less than $100, the purchaser shall give the bid amount as

1a deposit or down payment, and
the sheriff or referee shall deliver the entire amount
2to the clerk of court.
SB621-SSA1,9,93 2. If the judgment creditor is the purchaser at the a sale of the mortgaged
4premises, the judgment creditor may give the judgment creditor's receipt to the
5sheriff or referee for any sum not exceeding the sum due to the judgment creditor's
6judgment
creditor. The judgment creditor's receipt is considered a down payment.
7If the judgment creditor is the purchaser and the sum due to the judgment creditor
8is less than the purchase price, the judgment creditor shall pay the difference to the
9sheriff or referee at the time of sale.
SB621-SSA1,16 10Section 16. 846.16 (1g) (title) of the statutes is created to read:
SB621-SSA1,9,1111 846.16 (1g) (title) Sale of mortgaged premises.
SB621-SSA1,17 12Section 17. 846.16 (1g) (a) (title) of the statutes is created to read:
SB621-SSA1,9,1413 846.16 (1g) (a) (title) Payment of purchase price and costs of sale; deposit or
14down payment.
SB621-SSA1,18 15Section 18. 846.16 (1g) (b) of the statutes is created to read:
SB621-SSA1,9,2016 846.16 (1g) (b) Internet-based sale. 1. A county may enact an ordinance that
17requires the sheriff or referee to conduct, or to engage an auctioneer registered under
18ch. 480 to conduct, sales of mortgaged premises in the county using an
19Internet-based auction. If county enacts such an ordinance, all sales of mortgaged
20premises in the county shall be conducted using Internet-based auctions.
SB621-SSA1,9,2421 2. If a sale is conducted using an Internet-based auction, the person conducting
22the sale may accept payment of any amounts under par. (a) by credit card, debit card,
23or other electronic payment method and may charge a surcharge to the payer to
24recover charges associated with accepting the electronic payment.
SB621-SSA1,10,4
13. If a sale is conducted using an Internet-based auction, the person conducting
2the sale shall, on the Internet site on which the Internet-based auction is conducted,
3provide any potential bidder with a conspicuous statement identifying any lien or
4other encumbrance described in the notice under sub. (1) (bm) 2. e.
SB621-SSA1,19 5Section 19. 846.16 (1r) (title) of the statutes is created to read:
SB621-SSA1,10,66 846.16 (1r) (title) Procedures after sale.
SB621-SSA1,20 7Section 20. 846.16 (1r) (b) (title) of the statutes is created to read:
SB621-SSA1,10,88 846.16 (1r) (b) (title) Deductions from proceeds; transmittals to clerk of court.
SB621-SSA1,21 9Section 21. 846.16 (1r) (c) of the statutes is created to read:
SB621-SSA1,10,1210 846.16 (1r) (c) Deed held until confirmation. The clerk of court shall hold a deed
11delivered to the clerk of court under par. (b) 2. a. until confirmation of the sale under
12sub. (2m).
SB621-SSA1,22 13Section 22. 846.16 (2m) (intro.) (except 846.16 (2m) (title)) of the statutes, as
14affected by 2017 Wisconsin Act 104, is repealed.
SB621-SSA1,23 15Section 23. 846.16 (2m) (a) (title) of the statutes is created to read:
SB621-SSA1,10,1616 846.16 (2m) (a) (title) Preparation of real estate transfer return.
SB621-SSA1,24 17Section 24. 846.16 (2m) (am) of the statutes is created to read:
SB621-SSA1,10,2018 846.16 (2m) (am) Payment of sale proceeds upon confirmation. Upon
19confirmation of a sale of mortgaged premises, the clerk of court shall pay to the
20parties entitled thereto, or to their attorneys, the proceeds of the sale.
SB621-SSA1,25 21Section 25. 846.16 (2m) (b) (title) of the statutes is created to read:
SB621-SSA1,10,2222 846.16 (2m) (b) (title) Payments by purchaser.
SB621-SSA1,26 23Section 26. 846.16 (2m) (b) 2. a. of the statutes, as affected by 2017 Wisconsin
24Act 104
, is amended to read:
SB621-SSA1,11,2
1846.16 (2m) (b) 2. a. The deed to the mortgaged premises delivered under sub.
2(1) (1r) (b) 2. a.
SB621-SSA1,27 3Section 27. 846.16 (2m) (b) 3. of the statutes is created to read:
SB621-SSA1,11,44 846.16 (2m) (b) 3. Any part of the purchase price remaining to be paid.
SB621-SSA1,28 5Section 28. 846.16 (2m) (c) (title) of the statutes is created to read:
SB621-SSA1,11,66 846.16 (2m) (c) (title) Delivery of real estate transfer return receipt.
SB621-SSA1,29 7Section 29. 846.16 (3m) (a) (intro.), 1. and 2. of the statutes, as affected by 2017
8Wisconsin Act 104
, are renumbered 846.16 (3m) (intro.), (am) and (bm) and amended
9to read:
SB621-SSA1,11,1510 846.16 (3m) Transmittal to register of deeds. (intro.) Upon the court
11confirming the a sale of mortgaged premises and upon compliance by the purchaser
12with the terms of the sale and the payment of any balance of the sale price to be paid,
13unless otherwise ordered by the court, the clerk of court shall do one of the following
14to transmit the deed to the mortgaged premises received under sub. (1) (1r) (b) 2. a.
15to the register of deeds for recording:
SB621-SSA1,11,1916 (am) Deliver the deed to the mortgaged premises received under sub. (1) (1r)
17(b) 2. a., the receipt for submitting a transfer return under s. 77.22, the amount due
18under s. 59.43 (2) to record the deed and any other document required to record the
19deed, and the transfer fee, if any, to the register of deeds.
SB621-SSA1,12,220 (bm) Notify the register of deeds that the deed to the mortgaged premises
21received under sub. (1) (1r) (b) 2. a., the receipt for submitting a transfer return under
22s. 77.22, the amount due under s. 59.43 (2) to record the deed and any other document
23required to record the deed, and the transfer fee, if any, are available in the clerk's
24office. If a register of deeds is notified under this subdivision paragraph, the register

1of deeds shall retrieve the documents and fees from the clerk of courts within a
2reasonable period of time.
SB621-SSA1,30 3Section 30. 846.16 (3m) (b) of the statutes, as created by 2017 Wisconsin Act
4104
, is renumbered 846.16 (2m) (as) and amended to read:
SB621-SSA1,12,175 846.16 (2m) (as) Effect of deed upon confirmation. Upon Unless the deed is
6destroyed as provided in sub. (4) (a), upon
confirmation of the a sale of mortgaged
7premises
, the deed executed under sub. (1) (1r) (a) shall vest in the purchaser, the
8purchaser's assigns, or personal representatives all the right, title, and interest of
9the mortgagor, the mortgagor's heirs, personal representatives, and assigns in and
10to the premises sold and shall be is a bar to all claim, right of equity of redemption
11therein, of and against the parties to such the action, their heirs, and personal
12representatives, and against all persons claiming under them subsequent to the
13filing of the notice of the pendency of the action in which such judgment was
14rendered; and the purchaser, the purchaser's heirs, or assigns shall be let into the
15possession of the premises so sold on production of such the deed or a duly certified
16copy thereof of the deed, and the court may, if necessary, issue a writ of assistance
17to deliver such that possession.
SB621-SSA1,31 18Section 31. 846.16 (4) (title) of the statutes, as created by 2017 Wisconsin Act
19104
, is amended to read:
SB621-SSA1,12,2120 846.16 (4) (title) No confirmation of sale; effect of failure to comply with
21confirmation requirements;
resale.
SB621-SSA1,32 22Section 32. 846.16 (4) (a) of the statutes, as created by 2017 Wisconsin Act 104,
23is amended to read:
SB621-SSA1,13,624 846.16 (4) (a) If any of the requirements under sub. (2m) (a) and (b) are not
25satisfied and the purchaser is not the judgment creditor, the court shall order the

1purchaser to forfeit the amount of the purchaser's deposit or down payment delivered
2to the clerk of court under sub. (1r) (b) 2. b.,
and the clerk of court shall pay that
3amount shall be paid to the parties who that would be entitled to the proceeds of the
4sale as ordered by the court. The court shall also order that the mortgaged premises
5be resold. The clerk of court shall destroy the deed executed to the defaulting
6purchaser under sub. (1r) (a), and it shall be that deed is of no effect.
SB621-SSA1,33 7Section 33. 846.16 (4) (b) of the statutes, as created by 2017 Wisconsin Act 104,
8is amended to read:
SB621-SSA1,13,139 846.16 (4) (b) If any of the requirements under sub. (2m) (b) and (c) are not
10satisfied and the purchaser is the judgment creditor, the court may order the
11purchaser to forfeit the greater of the purchaser's deposit or $500 , and order the
12purchaser to comply with sub. (2m) (b) and (c) so that the mortgaged property may
13be sold to the purchaser.
SB621-SSA1,34 14Section 34. 846.16 (4) (c) of the statutes, as created by 2017 Wisconsin Act 104,
15is amended to read:
SB621-SSA1,13,2116 846.16 (4) (c) If the court does not confirm the a sale of the mortgaged premises
17for a reason other than a failure to satisfy a requirement under sub. (2m) (a), (b), or
18(c)
, the clerk of court shall return the deposit or down payment delivered to the clerk
19of court under sub. (1r) (b) 2. b.
to the purchaser, and the court shall order the
20mortgaged premises to be resold. The clerk of court shall destroy the deed received
21under sub. (1) (1r) (b) 2. a., and it shall be that deed is of no effect.
SB621-SSA1,35 22Section 35. 846.165 (1) of the statutes is renumbered 846.165.
SB621-SSA1,36 23Section 36. 846.165 (2) of the statutes is renumbered 846.16 (2m) (ae) and
24amended to read:
SB621-SSA1,14,7
1846.16 (2m) (ae) Determination of fair value of mortgaged premises. In case
2the
If mortgaged premises sell for less than the amount due and to become due on
3the mortgage debt and costs of sale, there shall be is no presumption that such the
4mortgaged
premises sold for their fair value, and no sale shall be confirmed and the
5court may not confirm the sale or render a
judgment for deficiency rendered, until
6the court is satisfied that the fair value of the mortgaged premises sold has been
7credited on the mortgage debt, interest, and costs.
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