707.58 Applicability to existing time shares.
(1) This chapter applies to all time shares created in units within this state on or after June 1, 1988, and to time shares created before June 1, 1988, as provided in subs. (2) to (12).
(2) Sections 707.03, 707.30 (5) (a) 1. to 9. and 14. to 16. and (c) 1., 707.35 (1) to (6) and (8), 707.36, 707.37, 707.38 (1), (2), (3) and (5), 707.40 and 707.50 to 707.52 apply to time shares created before June 1, 1988.
(3) Sections 707.06 and 707.07 apply to contracts relating to time shares created before June 1, 1988, if the contract is entered into on or after June 1, 1988.
(4) Section 707.23 applies to time-share units created before June 1, 1988, but s. 707.23 does not apply to actions for partition which are brought before June 1, 1988.
(5) Section 707.34 applies to actions relating to time shares created before June 1, 1988, if those actions accrued on or after June 1, 1988.
(6) Section 707.35 (7) applies to time-share property created before June 1, 1988, which is damaged or destroyed on or after June 1, 1988.
(7) Sections 707.38 (1m) and (4), 707.41 to 707.48 and 707.54 to 707.56 apply to time shares which were created before June 1, 1988, and which are sold on or after June 1, 1988.
(8) Section 707.49 applies to time shares created before June 1, 1988, with respect to deposits, as defined in s. 707.49 (1) (b), relating to those time shares which are received on or after June 1, 1988.
(9) Section 707.53 applies to time shares created before June 1, 1988, with respect to warranties relating to those time shares which are made on or after June 1, 1988.
(10) Section 707.57 applies to actions relating to time shares created before June 1, 1988, to the extent the time shares are subject to this chapter.
(11) Section 707.02 applies to time shares created before June 1, 1988 to the extent necessary to construe any of the provisions listed in subs. (2) to (10).
(12) The provisions listed in subs. (2) to (11) do not apply to time shares created before June 1, 1988, if the provision conflicts with any rights or obligations created by a time-share instrument, document transferring an estate or interest in real property, or contract, existing before June 1, 1988.
(13) The time-share instrument or similar document of a time-share property created before June 1, 1988, may be amended to accomplish any result permitted by this chapter if the amendment is adopted in conformity with the procedures and requirements specified by the time-share instrument or similar document. If the amendment grants to any person any rights, powers or privileges permitted by this chapter, all correlative obligations, liabilities and restrictions in this chapter also apply to that person.
History: 1987 a. 399; 1989 a. 31.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 707 - Time-share ownership.
707.03 - Status of time-share estates.
707.05 - Variation by agreement.
707.06 - Unconscionable contract.
707.07 - Obligation of good faith.
707.09 - Conflicts with other laws.
707.10 - Zoning and other regulation of time-share projects.
707.11 - Securities law; applicability.
707.20 - Time shares in projects.
707.21 - Time-share instrument.
707.215 - Project and time-share property plat.
707.22 - Allocation of time-share liability and voting rights.
707.24 - Termination of time shares.
707.25 - Use for sales purposes.
707.26 - Rights of secured lenders.
707.28 - Foreclosure of time-share estates and licenses.
707.30 - Managing entity; association of unit owners.
707.31 - Transfer of special developer rights.
707.32 - Termination of contracts and leases of developer.
707.34 - Tort and contract liability.
707.35 - Insurance; repair or replacement of damaged property.
707.36 - Disposition of surplus funds.
707.37 - Assessments for time-share expenses; lien.
707.38 - Blanket encumbrances; liens.
707.39 - Initiative, referendum and recall.
707.40 - Applicability; exemptions.
707.41 - Time-share disclosure statement.
707.42 - Exchange or reciprocal program; additional requirements.
707.43 - Multilocation developer; additional requirements.
707.44 - Conversion building; additional requirements.
707.45 - Amendments to statement.
707.46 - Contract; minimum requirements.
707.47 - Purchaser's right to cancel.
707.48 - Resales of time shares.
707.49 - Deposits; escrow requirement.
707.50 - Conversion building; tenants' rights.
707.51 - Protection of campground interests.
707.52 - Campgrounds; breach by member.
707.54 - Labeling of promotional material.
707.55 - Prohibited advertising and sales practices.
707.56 - Developer's obligation to complete improvements.
707.57 - Remedies and penalties.