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Code · Wisconsin · Chapter 846 — Real estate foreclosure

846.30 Redemption period for land contracts.

119 words·~1 min read·/wi/chapter-846/846-30-2

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

846.30 Redemption period for land contracts. If a court finds that the purchaser under a land contract is obligated to make certain payments under that land contract, that the purchaser has failed to make the required payments and that the vendor is entitled to a judgment of strict foreclosure, the court shall set a redemption period of at least 7 working days from the date of the judgment hearing or, if there is no hearing, from the date of the entry of the judgment order. No judgment of strict foreclosure is final until the court enters an order after the expiration of the redemption period confirming that no redemption has occurred and making the judgment of strict foreclosure absolute.
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