707.48 Resales of time shares.
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/wi/chapter-707/707-48A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
707.48 Resales of time shares.
(1)Required disclosures. Except as provided in s. 707.40 or except where delivery of a time-share disclosure statement is required under s. 707.41
(2), a seller of a time share shall furnish to the purchaser before execution of any contract for the purchase of a time share, or otherwise before the transfer of title, a copy of the time-share instrument, other than any plats or plans, and a certificate containing statements disclosing all of the following information:
(a)The effect on the proposed transfer of any right of first refusal or other restraint on transfer of all or any portion of the time share.