Wisconsin Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement

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Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement
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FAQ

703.17 Insurance. (1) An association shall obtain insurance for the property against loss or damage by fire and such other hazards for not less than full replacement value of the property insured and a liability policy covering all claims commonly insured against.

Unit owners ultimately pay for maintenance in common areas through their HOA dues and periodic assessments for major projects outside of the annual budget. Monies collected via dues are put into a reserve account fund that the association uses for the maintenance of the common areas.

204. 943.14 Criminal trespass to dwellings. Whoever intentionally enters the dwelling of another without the consent of some person lawfully upon the premises, under circumstances tending to create or provoke a breach of the peace, is guilty of a Class A misdemeanor.

17.25(1)(a)2. a. a. If there are 2 vacancies in the town board, the remaining supervisors, the town clerk, and the town treasurer shall appoint an individual to fill one vacancy and the remaining supervisors, including the appointee, and the town clerk shall appoint an individual to fill the other vacancy.

The bylaws may be amended by the affirmative vote of unit owners having 67 percent or more of the votes. Each particular set forth in sub. (2) shall be expressed in the bylaws as amended. Following an amendment to the bylaws, the association shall promptly deliver to each unit owner a copy of the approved amendment.

(c) ?Statutory reserve account statement" means a statement indicating whether a statutory reserve account has been established for a condominium and, if there is no statutory reserve account, how it is anticipated that future expenditures for the repair and replacement of common elements will be funded.

The state of Wisconsin uses the Uniform Planned Community Act (UPCA) as the state law guide for condos, which requires that 80 percent of the members of HOA must vote favoring dissolution unless the HOA documents state otherwise.

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Wisconsin Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement