Wis. Stat. §703.15
—
Condominium Ownership Act — Association of Unit Owners
Establishes the association of unit owners as a legal entity for all purposes, even if unincorporated. All policy and operational decisions are made by the board of directors, except matters reserved to members by statute, declaration, or bylaws. Covers board composition, declarant control period, officer duties, and fiduciary obligations. Meeting notice: no regular or special meeting may be held except on at least 10 days' written notice delivered or mailed to every unit owner, unless waivers are executed by all unit owners.
Reviewed · Wisconsin changes feed
Statutory Text
Verified Aug 5, 2026 · OTHER
Wisconsin Legislature: 703.15 Home Documents Senate Assembly Committees Service Agencies Docs Options Help 2025 Biennium Statutes Admin. Rules Indices Miscellaneous Archives Home Bill, Rule, and Appointment Histories Senators Representatives Committees Text of Introduced Proposals Amendment Text Acts Veto Messages Enrolled Bills Votes Assembly and Senate Floor Calendars Schedule of Committee Activities Assembly and Senate Journals Committee Records (ROCPs) Legislative Rules All Session-Related Documents Subject Index to Acts Subject Index to Legislation Subject Index to Journals Author Index to Legislation Subject Index to Clearinghouse Rules Miscellaneous Budget Documents Executive Orders Rulings of the Chair Wisconsin Supreme Court Rules Opinions of the Attorney General Town Law Forms Law Districts Session Drafting Files Feeds Preferences Show tree Hide tree Feedback Help Home Senate Home Senators Committees Session Chief Clerk Sergeant at Arms Civics Education Human Resources Assembly Home Representatives Committees Session Chief Clerk Sergeant at Arms Human Resources Schedule Joint Senate Assembly Study Legislative Audit Bureau Legislative Council Legislative Fiscal Bureau Legislative Human Resources Office Legislative Reference Bureau Legislative Technology Services Bureau Up Up 703.13(6)(e) (e) An addendum showing the altered boundaries and the dimensions thereof between adjoining units, and their identifying numbers or letters, shall be prepared. The addendum shall be certified as to its accuracy in compliance with this subsection by a professional land surveyor. 703.13(6)(f) (f) After appropriate instruments have been prepared and executed, they shall be delivered promptly to the adjoining unit owners upon payment by them of all reasonable costs for the preparation thereof. Those instruments are effective when the adjoining unit owners have executed them and they are recorded in the name of the grantor and grantee. The recordation thereof is conclusive evidence that the relocation of boundaries did not violate any restriction or limitation in the condominium instruments. 703.13(7) (7) Separation of units. 703.13(7)(ac) (ac) In this subsection, “separator” means a person proposing the separation of a unit. 703.13(7)(am) (am) If any condominium instruments expressly permit the separation of a unit into 2 or more units, a separation shall be made in accordance with this section and any restrictions and limitations which the condominium instruments may specify. 703.13(7)(b) (b) The principal officer of the association, upon written application of a separator and after 30 days’ written notice to all other unit owners, shall promptly prepare and execute appropriate instruments under this subsection. 703.13(7)(bm) (bm) An amendment to separate a unit into 2 or more units shall do all of the following: 703.13(7)(bm)1. 1. Assign a new identifying number to each new unit created by the separation of a unit. 703.13(7)(bm)2. 2. Allocate to each new unit, on a reasonable basis acceptable to the separator and the executive board, all of the undivided interest in the common element and rights to use the limited common elements and the votes in the association formerly appertaining to the separated unit. 703.13(7)(bm)3. 3. Reflect a proportionate allocation to the new units of the liability for common expenses and rights to common surpluses formerly appertaining to the subdivided unit. 703.13(7)(c) (c) …
Showing excerpt. Read full text on official source →
Governance
| Ref | Requirement |
|---|---|
| Meeting notice: no regular or special meeting may be held except on at least 10 days' written notice delivered or mailed to every unit owner, unless waivers are executed by all unit owners. | |
| Establishes the association of unit owners as a legal entity for all purposes, even if unincorporated. | |
| At least 10 days' written notice delivered or mailed to every unit owner | |
| Covers board composition, declarant control period, officer duties, and fiduciary obligations. |
Reserves
| Ref | Requirement |
|---|---|
| All policy and operational decisions are made by the board of directors, except matters reserved to members by statute, declaration, or bylaws. |
Other sections in this chapter
- Wis. Stat. §703.02 — Wisconsin Condominium Ownership Act — Definitions
- Wis. Stat. §703.16 — Condominium Ownership Act — Common Expenses and Common Surpluses
- Wis. Stat. §703.161 — Condominium Ownership Act — Annual Budget
- Wis. Stat. §703.163 — Condominium Ownership Act — Statutory Reserve Account
- Wis. Stat. §703.165 — Condominium Ownership Act — Lien for Unpaid Common Expenses
- Wis. Stat. §703.17 — Condominium Ownership Act — Insurance
- Wis. Stat. §703.20 — Condominium Ownership Act — Association Records; Financial Audits
- Wis. Stat. §703.33 — Condominium Ownership Act — Disclosure Requirements
- Wis. Stat. §703.335 — Condominium Ownership Act — Payoff Statement
- Wis. Stat. §703.365 — Condominium Ownership Act — Small Condominiums
Legal references last verified April 15, 2026.
This content is educational and informational. It does not constitute legal advice.
Consult a licensed attorney in your state for legal guidance specific to your situation.