What are the details of the Wisconsin Form – Offer to Exchange Property With Acceptance
As per the Wisconsin Form – Offer to Exchange Property with Acceptance the first party states that they are ready to exchange the real property and / or any other personal property and / or any business opportunity which is described as per the agreement. This is to be with the rental property or the personal property or the business opportunity or a combination of these of the second party. This is to be done with the terms and conditions of the agreement.
In this the items that are exchanged need to be free from all encumbrances. These include garden bulbs, plants, trees, shrubs, storm and screen windows, screen and storm doors, electrical light fixtures as well as curtains, transverse rods, window shades, blinds or even shutters. This also includes accessory fixtures in the bathroom, central heating as well as cooling units and equipment which is attached. This also includes water heaters, softeners, central heating, cooling, sump pump and linoleum which is cemented to the floors, carpets, rugs, awnings, garage door openers with remote control and even accessories and equipments for the fireplace.
As per this, the rent, interest, sewer and water charges for use and assessments for property owners are prorated as per the date of closing. Even the taxes are to be prorated. If there is any work which the owner has started which is before the date of the contract, then it needs to be paid by the owner.
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