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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Unless the resale of lands forfeited under s. 24.28 is prevented by payment under s. 24.29, the forfeited lands shall be offered for sale at public auction to the highest bidder in the manner and upon the terms provided for original sales and, if the lands are not then sold, the lands shall be subject to private entry.
(2)(a) Every tract of forfeited lands may be redeemed by the former purchaser, or the former purchaser's assigns or legal representatives, at any time before the June 30th next following the date of the resale of the forfeited tract, by doing all of the following:
1. Presenting to the board satisfactory proof, which shall be filed and preserved by the board, that the tract was, at the time of the resale, in whole or in part under cultivation or adjoining a tract partly cultivated, belonging to the former purchaser, or the former purchaser's assigns or legal representatives, and used in connection with the adjoining tract.
2. Depositing with the secretary of administration, for the use of the purchaser at the resale of the forfeited tract the amount paid by the resale purchaser for the tract, together with 25 percent of the amount of the taxes, interest, and costs, in addition to the purchase price.
(b) Every certificate of sale issued upon any resale of forfeited lands shall be subject to the right of redemption under par. (a) whether or not the right of redemption is expressed in the certificate. No patent shall be issued on any resale of a forfeited tract until the expiration of the redemption period under par. (a).
(3) Upon a redemption under sub. (2), the board shall do all of the following:
(a) Cancel the certificate of sale issued to the resale purchaser.
(b) Make and deliver to the party redeeming the forfeited lands a certificate of the redemption.
(c) Record the certificate of the redemption in a book kept in the board's office for that purpose.
Cite this article: FindLaw.com - Wisconsin Statutes Public Lands, Waters and Natural Resources (Ch. 23 to 33) § 24.32. Resale and redemption - last updated January 01, 2025 | https://codes.findlaw.com/wi/public-lands-waters-and-natural-resources-ch-23-to-33/wi-st-24-32/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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