WI SB193

Establishes specific requirements for revoking Transfer on Death (TOD) beneficiary designations on real property, requiring the revocation instrument to be acknowledged by the owner and recorded with the register of deeds before the owner's death

For jointly-owned property with TOD designations, revocation by one owner does not affect other owners' interests, and property held by joint tenants or spouses as survivorship marital property can only have its TOD designation revoked by all living owners

Allows persons holding deposits or option fees in real property wholesaler contracts to disburse funds without liability to the seller or third-party assignee upon receiving written notice of rescission

Expands options for filing judgment satisfactions across counties to include certified copies, clerk certificates under official seal, or satisfactions signed by the judgment owner or their attorney of record

Permits applications for evidence of a decedent's terminated property interests to include either the property tax bill from the year preceding death or the most recent property tax bill