Loading chat...
WI AB82
Bill
Status
2/28/2025
Primary Sponsor
Benjamin Franklin
Click for details
AI Summary
-
Adds grandparent-to-grandchild and grandchild-to-grandparent real estate transfers to the list of family conveyances exempt from Wisconsin's real estate transfer fee
-
Exemption requires the transfer be made for nominal or no consideration (not a fair market value sale)
-
Current law already exempts transfers between parents and children, stepparents and stepchildren, and parents and in-laws under the same nominal consideration requirement
-
Real estate transfer fee is 30 cents per $100 of property value, paid to the county register of deeds
-
Applies to conveyances filed on or after the effective date of the act
Legislative Description
Exempting certain conveyances between grandparents and grandchildren from the real estate transfer fee. (FE)
Last Action
Laid on the table
10/7/2025