77.21 Definitions. In this subchapter: (1) “Conveyance” includes deeds and other instruments for the passage of ownership interests in real estate, including contracts and assignments of a vendee’s interest therein, including instruments that are evidence of a sale of time-share property, as defined in s. 707.02 (32), and including leases for at least 99 years but excluding leases for less than 99 years, easements and wills.
May 22, 2026, are designated by NOTES. (Published 5-22-26)
Updated 23-24 Wis. Stats. 6 SALES AND USE TAXES; MANAGED FOREST LANDS; OTHER TAXES AND FEES (b) The amount of the fee payable under this section. (1e) “Mergers of entities” means the merger or combination of 2 or more corporations, nonstock corporations, limited liabil(e) The financing terms under which agricultural land is ity companies, limited partnerships, or other entities, or any com- transferred that are relevant to determining only the value of the bination thereof, under a plan of merger or a plan of consolida- property. tion permitted by the laws that govern the entities. (f) Any other information the secretary requires. (1k) “Partition” means the division among several persons of History: 1971 c. 150; 1977 c. 29; 1981 c. 20; 1985 a. 54; 1985 a. 174 ss. 1, 2, 7; real property, including noncontiguous real property, that belongs 1985 a. 332; 1987 a. 27; 1989 a. 31; 1991 a. 269; 1993 a. 307; 1995 a. 27 ss. 3475m to 3476, 9116 (5); 2007 a. 219; 2011 a. 32; 2015 a. 60; 2017 a. 59, 104. to them as co-owners. The transfer by all owners of property held in tenancy in common to a partnership (1m) “Real estate” includes, but is not limited to, fixtures; consisting of all the original tenants in common was a taxable conveyance. DOR v. 168 Wis. 2d 288, 483 N.W.2d 302 (Ct. App. 1992). roots, vines and trees of perennial crops; stock in a cooperative Mark, A memorandum announcing a reorganization of a land-owning partnership into a building; improvements on leased land; timber; and minerals. limited liability company (LLC) and that the LLC was now the owner of the real eswas a document intended to transfer title to real estate. The receipt by members (2) “Register” means the register of deeds for the county in tate of ownership interests in the LLC was for value so that there was a conveyance under which particular real estate is located. s. 77.21 (1) subject to taxation under sub. (1). Wolter v. DOR, 231 Wis. 2d 651, 605 N.W.2d 283 (Ct. App. 1999), 99-0671. (3) “Value” means: There need not be both a conveyance and consideration with value for a transfer to (a) In the case of any conveyance not a gift, the amount of the be subject to the transfer fee. F.M. Management Co. v. DOR, 2004 WI App 19, 269 full actual consideration paid therefor or to be paid, including the Wis. 2d 526, 674 N.W.2d 922, 03-1536. amount of any lien or liens thereon; and