786.06 Realty of wards; grounds for mortgage, sale, lease. Any real estate, or interest therein belonging to a minor or to an individual adjudicated incompetent may be sold, mortgaged or leased:
(1) When the personal property and the income of the real estate of such minor or individual adjudicated incompetent are together insufficient for the payment of his or her debts or for the maintenance and education of himself or herself and family;
(2) When the interests of such minor or individual adjudicated incompetent require or will be substantially promoted by such disposition on account of such real estate or interest therein being exposed to waste or dilapidation, or being unproductive, or for other peculiar reasons or circumstances.
History: 1979 c. 32 s. 63; 1979 c. 176; Stats. 1979 s. 786.06; 2005 a. 387.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
786.01 - Conveyance of lands held in trust by persons under disability.
786.02 - Specific performance of contract of individual adjudicated incompetent.
786.03 - Specific performance; order; appeal.
786.04 - Specific performance; conveyance; warranties.
786.05 - Specific performance; recording order; effect.
786.06 - Realty of wards; grounds for mortgage, sale, lease.
786.08 - Realty of wards; guardian; bond; prosecution of breach.
786.09 - Inquiry relative to sale or encumbrance.
786.10 - Order for lease, mortgage, sale.
786.11 - Contract for lease, mortgage, sale; approval.
786.12 - Wards; acquisition or other disposal of real estate.
786.13 - Platting realty of wards before sale.
786.14 - Realty of wards; will or conveyance not disregarded.
786.15 - Realty of wards, validity of the conveyance.
786.16 - Realty of wards; effect of sale; proceeds realty.
786.17 - Realty of wards, proceeds, how applied; accounts.
786.18 - Ward's estate is subject to particular estates.
786.19 - Ward's particular estate, disposition.
786.20 - Minor, ward of the court.
786.21 - Estate of individual adjudicated incompetent, management.
786.25 - Nonresident wards, foreign guardian to convey estate; special guardian.
786.26 - Future estates may be sold.
786.27 - Future estates, application for sale.
786.28 - Future estates, sale, referee bond.
786.29 - Future estates, sale, examination and report.
786.30 - Future estates, order for disposition.
786.31 - Future estates, approval of conveyance.
786.32 - Future estates, approved conveyance vests title.
786.33 - Proceeds deemed real estate.
786.34 - Future estates, proceeds placed in trust.
786.35 - Future estates, disposal, proceeding in rem.
786.36 - Changing names, court procedure.
786.37 - Change of name, notice of petition.
786.50 - Limitation of action to recover estate sold.
786.52 - When sale not avoided.