854.24 Protection of buyers. A person who purchases property for value or who receives property in partial or full satisfaction of a legally enforceable obligation is neither obligated under this chapter to return the property nor liable under this chapter for the value of the property, unless the person has notice as described in s. 854.23 (3).
History: 1997 a. 188.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 854 - Transfers at death — general rules.
854.03 - Requirement of survival by 120 hours.
854.05 - No exoneration of encumbered property.
854.06 - Predeceased transferee.
854.07 - Failed transfer and residue.
854.08 - Nonademption of specific gifts in certain cases.
854.09 - Advancement; satisfaction.
854.13 - Disclaimer of transfers at death.
854.14 - Beneficiary who kills decedent.
854.15 - Revocation of provisions in favor of former spouse or former domestic partner.
854.17 - Marital property classification; ownership and division of marital property at death.
854.18 - Order in which assets apportioned; abatement.
854.19 - Penalty clause for contest.
854.20 - Status of adopted persons.
854.21 - Persons included in family groups or classes.
854.22 - Form of distribution for transfers to family groups or classes.
854.23 - Protection of payers and other 3rd parties.
854.24 - Protection of buyers.
854.25 - Personal liability of recipients not for value.
854.26 - Effect of federal preemption.
854.30 - Application of certain wills or trusts referring to repealed federal transfer taxes.