Approved by the Wisconsin Real Estate Examining Board 11117 (Optional Use Date) 1118 (Mandatory Use Date)Page 1 of 7, WB5WB5 COMMERCIAL LISTING CONTRACT EXCLUSIVE RIGHT TO SELL 1 2 3 4 5 6 7 8 9 10.
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How to fill out the WI WB-5 online
The WI WB-5 form is a critical document for commercial real estate transactions in Wisconsin, granting exclusive rights to sell a property. This guide will help you navigate the process of filling out the form online with ease and confidence, ensuring you accurately complete all required sections.
Follow the steps to fill out the WI WB-5 online effectively:
- Press the ‘Get Form’ button to access the document, which will open in your online editor.
- Begin by providing the property description: Enter the street address, city, and county in the designated fields. If additional details are necessary, include those in lines 320-331 or as an attachment.
- Specify what is included in the list price: Clearly list any fixtures and items that are part of the sale in the designated spaces.
- Identify items not included in the list price: Use the provided space to detail any exclusions, particularly rental fixtures.
- State the list price: Enter the total amount in both words and numerical values.
- Confirm seller authority: Ensure the seller has the authority to sign the document and include relevant documentation if the seller is a business entity.
- Indicate the zoning information: Fill in the property zoning details and any variances or use restrictions.
- Authorize marketing efforts: Allow the firm to promote the property, including any specific marketing strategies.
- Outline commission details: Include the commission percentage and the terms under which it is earned.
- Complete the additional sections: Fill in any remaining fields as required.
- Once completed, make sure to save changes, download the form, and print it if necessary to share with relevant parties.
Complete your real estate documents online today for a more streamlined process.
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