Buying houses in Superior, Wisconsin Call (218) 655-8653
Two laws to know before you sign

The condition report, and the notice a buyer may owe you

One is your duty as a seller. The other protects you from a buyer who never planned to buy.

Short answer

If your Superior home has 1 to 4 units, Wisconsin generally requires a condition report within 10 days of an accepted contract, unless the buyer waives it in writing or you're an exempt fiduciary. A buyer who plans to assign your contract must tell you in writing by signing. Without that notice, you can usually cancel before closing.

What is a Wisconsin condition report?

It's the state's form for telling a buyer what you know about the home. The law covers property with 1 to 4 dwelling units, leaving out property nobody has lived in. The form itself says it isn't a warranty and doesn't replace an inspection.

The clock starts at acceptance. The owner has no later than 10 days after the contract is accepted. A buyer who doesn't get a report in that time can cancel within 2 business days after it ends.

Who can skip it?

You're the personal representative, and you never lived in the house

Personal representatives, trustees, conservators, and court-appointed fiduciaries are outside the duty if they have never occupied the property. Living there at some point changes the answer, so tell your attorney if you grew up in it.

The buyer says they don't need one

A buyer may waive the report in writing. The choice belongs to the buyer. Get it on paper, not over the phone. Whether we'd waive it on a given house is something we'd put in the contract, so ask.

You own the house and you just don't want to fill it out

That isn't one of the ways out we found. If you know something's wrong, say so. Selling a house in rough shape is fine, and hiding what you know is the part that gets people in trouble. Ask an attorney if you aren't sure how to answer a question on the form.

Can an honest report end the deal?

It can. A buyer who gets the report after submitting the contract may rescind in writing, before the applicable deadline, if it discloses a defect, and gets deposits back. A buyer generally can't rescind this way after receiving a complete report before submitting the contract. So handing over a complete report early can matter. Ask an attorney how the timing works for yours.

What is a real property wholesaler?

You'll get letters and calls from people who want to buy your house. Some of them plan to get your signature and then sell that contract to someone else for a fee. Wisconsin has a name for that: a real property wholesaler, someone who signs as buyer intending to assign the rights to a third party for money. The law applies to homes with one to 4 units in Wisconsin.

Such a buyer has to give you written notice, no later than signing, that they are a wholesaler.

If they don't, you may rescind any time before closing, with no liability, and the statute lets you keep deposits or option fees. You can't sign that right away. Going through with the closing ends it.

What to ask any buyer, us included

  • "Are you the one buying my house, or might you assign this contract?"
  • "Will the contract say that, in writing?"
  • "If you plan to assign, where's the notice?"
  • "Which title company closes this, and can I call them myself?"
  • "Will you waive the condition report, or do you want one?"

When we agree on a number, we're the ones purchasing the property. Ask us anyway, get the answer in the contract, and hold us to it.

Sources for this page

Pages we read on 2026-11-05. Laws change, so check the current version or ask an attorney.

Selling on the Wisconsin side?

Send the address and tell us what's going on with the house. We're based across the bridge in Duluth, and we buy in Superior too.

(218) 655-8653

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