The 2011-2012 legislative session in Wisconsin resulted in a few changes made to landlord – tenant law in Wisconsin. These changes were unique in that they took effect very quickly, only ten days after being signed into law, back on March 31, 2012.
The changes applies to the following sections of landlord – tenant law:
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Our definition of flipping, as used in real estate:
Purchasing a home as investment, often a foreclosure or distressed property, and reselling it quickly. Sometimes these properties are repaired or renovated before reselling. Other times, the investor simply takes advantage of a good deal and resells without repairs or with minimal cosmetic updates.
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The rules, like the times, keep on a-changin’
New rules went into effect on April 22, 2010, with regards to lead based paint. Owners of a housing property or child-occupied facility built prior to 1978 must adhere to new standards with remodeling.
If the project disturbs more than six square feet of paint in a [...]
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