Forms Update Resources
2021 Update: WB-13 and WB-15 Changes
In October 2020, the Real Estate Examining Board approved a new version of the WB-13 Vacant Land Offer to Purchase form and the WB-15 Commercial Offer to Purchase. Both forms have the same optional use and mandatory use dates of January 1, 2021,
and February 1, 2021, respectively. Both forms, watermarked for educational use, are available below and on the DSPS website here. Watch for
more resources from the WRA, including Line by Line videos and more.
2021 Update: WB-12 Changes
The
Real Estate Examining Board approved a new version of the WB-12 Farm Offer to
Purchase with an optional use date of April 1, 2021, and a mandatory use date of
May 1, 2021. A watermarked version for educational use is available below (with
yellow-highlighted changes) and on the DSPS website here. Watch for more
resources from the WRA, including Line by Line videos and more.
2021 WB-12 resources
_____________________________________
Educational use forms for download
2021 WB-13 and WB-15 resources
2020 Update: WB-11 "Take 2" and WB-14 Changes
In June 2020, the Real Estate Examining Board approved a new version of the WB-11 Residential Offer to Purchase form and the WB-14 Residential Condominium Offer to Purchase. Given this is the second WB-11 Residential Offer to Purchase released in 2020,
the form will be referred to as WB-11 "Take 2." Both forms have the same optional use and mandatory use dates of August 1, 2020, and September 1, 2020, respectively. Both forms, watermarked for educational use, are available above.
_____________________________________
WB-11 "Take 2" and WB-14 resources
Magazine
Articles
Legal Updates
- July 2020 Legal Update, "WB-11 Residential Offer to Purchase – Take 2" at www.wra.org/LU2007
- August 2020 Legal Update, "WB-14 Residential Condominium Offer to Purchase" at www.wra.org/LU2008
_____________________________________
LegalTalks Forms Videos
LegalTalks: WB-11 "Take 2" [video series]
This 10-part video series covers the changes to the newly revised WB-11 "Take 2" form.
Watch now
LegalTalks: WB-14 Video [video series]
This seven-part video series covers the changes to the newly revised WB-14 form.
Watch now
WB-11 "Take 1" Resources
- "WB-11 Revisions: A Three-part Discussion," three-part article in the October 2019 Wisconsin Real Estate Magazine: www.wra.org/WREM/October2019.
- "Surprise on the Horizon" in the September 2019 Wisconsin Real Estate Magazine: www.wra.org/WREM/Sep19/Surprise.
- November 2019 Legal Update, "WB-11 Residential Offer to Purchase — 2020 Edition — Part 3," at www.wra.org/LU1911
- October 2019 Legal Update, "WB-11 Residential Offer to Purchase — 2020 Edition — Part 2," at www.wra.org/LU1910
- September 2019 Legal Update, "WB-11 Residential Offer to Purchase — 2020 Edition — Part 1," at www.wra.org/LU1909
- 25-part video series covering the changes to the WB-11 "Take 1" plus three videos detailing FIRPTA requirements at www.wra.org/WB11changes (WRA login required)
Line by Line Training Videos (Full Form Videos)
The WRA's Line by Line training video series is perfect for new agents looking for in-depth, step-by-step tutorials for using the updated forms in a transaction.
Episodes available:
Ep. 4 WB-11 Residential Offer to Purchase (2020)
Ep. 5 WB-14 Condominium Offer to Purchase
Ep. 8 WB-13 Vacant Land Offer to Purchase
Ep. 11 WB-15 Commercial Offer to Purchase
Learn more
September 2020 Update to Disclosure Reports
The WRA made modifications to the Real Estate Condition Report and the Vacant Land Disclosure Report. These changes are to reflect the anticipated statutory updates and changes to the newly released WB-11 "Take 2" and the WB-14. To learn more, see the
following resources:
More Details about Forms
How are the new forms developed? The WB forms are prepared and approved for use by the REEB. Prior to approval, drafts are reviewed by the Wisconsin REALTORS® Association Forms Committee, chaired by REALTOR® Tom
Sykora, and comments are forwarded on to the DSPS Real Estate Contractual Forms Advisory Committee. Once the DSPS state forms are finalized, WRA-drafted forms are examined to see if changes are warranted.