Current as of January 01, 2018 | Updated by FindLaw Staff
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(1) A grant of an estate in a unit conferring the right of possession during a potentially infinite number of separated periods creates a fee simple absolute interest, and a grant of an estate in a unit conferring the right of possession during 4 or more separated periods over a finite number of years equal to at least 4, including renewal options, creates an interest for years.
(2) Each time-share estate constitutes for all purposes a separate estate in real property.
Cite this article: FindLaw.com - Wisconsin Statutes Property (Ch. 700 to 710) § 707.03. Status of time-share estates - last updated January 01, 2018 | https://codes.findlaw.com/wi/property-ch-700-to-710/wi-st-707-03/
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