Feb. 7 2018 – Once upon a time (in the now-distant 1960s) condominiums were the new kids on the block.
After the Federal Housing Administration started insuring condominium mortgages in 1961, condominium projects and accompanying laws sprang up in every state. Wisconsin was no exception, enacting its first set of condominium statutes in 1963.
The current iteration – the Condominium Ownership Act (Wis. Stat. chapter 703) – has been on the books for more than 40 years. Since then, one book has emerged as the state’s leading guide to the possibilities and intricacies of the widespread condominium ownership form: the Wisconsin Condominium Law Handbook from State Bar of Wisconsin PINNACLE©.
Benefit from the Most Current Information
Newly updated for 2017-18, this Handbook addresses new developments in case law and includes updated forms, where appropriate. As always, it contains in-depth, insightful, and practical discussion of many topics, including:
- condominium financing, conversion, development, listing, and buying;
- insurance considerations, tax and securities law implications;
- condominium associations; and
- special units and statutory small condominiums.
Relevant and Up-to-date Information
Any attorney involved with real estate in Wisconsin must be ready to handle all issues relating to condominiums, from planning and development through buying, selling, and financing, from insurance through governance. When such issues arise, the Handbook is indispensable.
Nancy Leary Haggerty, a partner at Michael Best & Friedrich LLP in Milwaukee, has more than 30 years of experience in real estate law. Haggerty is an authoritative source: among others, she “wrote the book” on condominium law, authoring the Handbook’s chapter on title insurance.
“Even as an experienced practitioner in the area of condominium law, I often consult the Handbook on close technical questions, because if it isn’t in the Handbook, there is no established answer,” Haggerty said.
A Guide to a Highly Technical Area of Law
When it matters most, Wisconsin judges consider the comprehensive analysis provided by this guide to a highly technical area of law.
Author Scott Langlois, a partner in the Milwaukee office of Quarles & Brady LLP, points out yet another reason to rely on the Handbook: It is regarded as a trusted resource by state courts.
“I’ve been pleasantly surprised through the years as I’ve been researching case law for the updates to the Wisconsin Condominium Law Handbook by how many published decisions specifically reference it by name and section,” Langlois said. “Judges and their clerks trust its analysis and refer to it in their written opinions.”
This is no small testament to Langlois’s expertise as the author of the Handbook’s overview of condominium law and a chapter on condominium development and documentation – as well as to the books’ other distinguished authors, past and present.
Wisconsin Condominium Law Handbook is available both in print and online via Books UnBound®, the State Bar’s interactive online library. The print book costs $179 for members and $229 for nonmembers (both plus tax and shipping).
Online access to this resourcethrough Books UnBound costs $159 for members and $199 for nonmembers (single-user prices; call for firm pricing). Subscribers to the State Bar’s automatic supplementation service will receive future updates at a discount off the regular price.
For more information or to place an order, visit WisBar’s Marketplace, or call the State Bar at (800) 728-7788 or (608) 257-3838.