WB-11 Residential Offer to Purchase WI - Tri County Title LLC 2025

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The document is a residential real estate offer to purchase form approved by the Wisconsin Department of Regulation and Licensing. It outlines the terms of the sale, including purchase price, earnest money, items included or excluded from the sale, conditions for acceptance, occupancy details, financing contingencies, title conveyance, and legal rights of both parties. The form emphasizes the importance of deadlines and provides guidelines for inspections and property condition disclosures.

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Click ‘Get Form’ to open the WB-11 Residential Offer to Purchase in the editor.
Begin by entering the date of drafting the offer at the top of the form. Specify whether you are the agent of the seller, buyer, or a dual agent by striking through the options that do not apply.
Fill in your name as the Buyer and provide the property address, including street address and county details.
Indicate your purchase price clearly in both words and numbers. Ensure that you also specify any earnest money accompanying this offer.
Complete sections regarding additional items included in or excluded from the purchase price, ensuring clarity on what is being transferred with the property.
Review and fill out sections related to occupancy, closing details, and any contingencies such as financing or inspections as applicable.
Finally, ensure all parties sign where indicated and save your completed document for submission.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does the gap endorsement section of the WB 11 residential offer to purchase states that?

WB-11 lines 403-405: If a gap endorsement or equivalent gap coverage is not available, Buyer may give written notice that title is not acceptable for closing (see lines 410-415). A buyer submits an offer with earnest money to a listing licensee.

What is a written summary of the property documents that evidences title called?

A written summary of the propertys documents that evidences title is called the: abstract of title.

What is a WB-11 form?

The WB-11 Residential Offer to Purchase is a legally binding document used in real estate transactions in Wisconsin. This form outlines the terms and conditions of the offer made by the buyer to purchase a residential property.

What does the WB 11 residential offer to purchase form states that evidence of title is?

The WB-11 Residential Offer to Purchase states that evidence of title is: delivered to buyer at least five business days before closing. Time is of the essence means that: if a party does not perform a contractual obligation by the date stated in the contract, the party has breached the contract.

When the seller provides direct evidence of their title is called?

D) actual notice. D) actual notice. Explanation: When the seller provides evidence direct either written or orally we call it actual notice. When the buyer received notice through a title search of public records we call it constructive notice

How to fill out a residential offer to purchase?

How to write an Offer to Purchase Real Estate Specify the property type and location. Provide the legal land description. Describe the included property features. Provide buyer and seller details. Outline a purchase price and deposit details. Pick a closing and possession date. Outline conditions. Set an acceptance deadline.

Who pays the title company in Wisconsin?

In Wisconsin, the seller traditionally pays for the Owners Policy. It may seem odd that the seller pays for the policy if it protects the buyer. However, the seller warrants or promises good title and it is the sellers responsibility to insure that promise by giving a title insurance policy at closing.

WB-11 Residential Offer to Purchase WI - Tri County Title LLC 2025

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