24.17 Receipt and certificate.

229 words·~1 min read·/wi/chapter-24/24-17-4

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)When the purchaser of any public lands makes payment to the secretary of administration of the amount required to be paid on the sale and, in case of a private sale, produces the memorandum described in s. 24.16 , the secretary of administration shall give a receipt to the purchaser for the amount paid, and, unless the sale is wholly for cash, the board shall execute and deliver to the purchaser a duplicate certificate of sale, in which the board shall certify all of the following:

(a)The description of the land sold.

(b)The sum paid and the amount remaining due.

(c)The times, place, and terms of payments.

(d)That if the payments are made in accordance with the terms stated in the certificate of sale, the purchaser, or the purchaser’s assigns or other legal representatives, shall be entitled to a patent for the land.

(e)That in case of the nonpayment into the state treasury of any of the following, the certificate of sale from the time of the nonpayment shall be void and the board may take possession of and resell the land described in the certificate:

1. The purchase money as it becomes due.

2. The interest on the purchase money by the first day of February in each year or on or before the next following June 30th.