Inside Track: PINNACLE updates trusted Real Estate Transactions System:

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    The Real Estate Transactions System serves as both a reference and a guidebook. This title provides key information about routine procedures for real estate transactions involving residential and commercial structures, vacant land, condominiums, land contracts, and options to purchase.


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    March 2, 2011 – For nearly 30 years, Wisconsin’s lawyers have relied on the comprehensive and practical Real Estate Transactions System to guide them through the nuances of Wisconsin real estate law. Published by State Bar of Wisconsin PINNACLE™, this law-office standard has been revised and updated in a fifth edition, released in February 2011. The title is available in print and online via Books UnBound™, PINNACLE’s subscription-based online library.

    The Real Estate Transactions System serves as both a reference and a guidebook. This title provides key information about routine procedures for real estate transactions involving residential and commercial structures, vacant land, condominiums, land contracts, and options to purchase.

    Every lawyer – whether new to real estate practice or a seasoned veteran – will benefit from the title’s detailed procedure for collecting and organizing client information. The worksheets, checklists, and sample forms make it easy to organize information and simplify processing, and the sample correspondence and documents help reduce the time spent on research and drafting. This book is designed to help lawyers train their support staffs to effectively back them up on real estate transactions, and even very experienced lawyers will appreciate being freed from having to rely on memory for the scores of details that accompany the typical transaction.

    The fifth edition includes the most recent legal developments concerning real estate transactions in Wisconsin, including revised shoreland development rules for unincorporated shoreland areas; a new disclosure requirement concerning shoreland mitigation plans; rules allowing electronic filing of condominium documents; a new stormwater regulation from the U.S. Environmental Protection Agency; and updates on federal court decisions concerning solid and hazardous waste. Among the dozens of forms are several revised in 2010 and accompanying updated annotations.

    Also included in this edition are:

    • A condensed client information sheet (Master Information List) ensuring an economical and efficient closing;
    • Comprehensive coverage of real estate transactions involving condominium units, vacant land, unimproved property, improved commercial property, and options to purchase;
    • Special chapters devoted to marital property law and liability issues for brokers, buyers, and sellers; and
    • Up-to-date environmental regulations

    Attorneys John L. Horwich, Michael H. Simpson, and Bruce T. Block are the authors of Real Estate Transactions System.

    Members can buy the print book for $185, and nonmembers for $235 (both plus tax and shipping). Subscribers to the State Bar’s automatic supplementation service will receive future updates at a 10 percent discount off the regular update price. Annual subscriptions to Books UnBound start at $129 per title and $649 for the full library (single-user prices; call for firm pricing). Order the Real Estate Transactions System, or for more information, contact the State Bar at (800) 728-7788 or (608) 257-3838.