Section
77.25
,
(1)
, and
(2r)
to
(21)
Stats. reads: "Exemption from fee. The fees imposed by this subchapter do not apply to a conveyance:
Microsoft Windows NT 6.1.7601 Service Pack 1
(1) Prior to October 1, 1969.
Microsoft Windows NT 6.1.7601 Service Pack 1(2r) Under s.
236.29 (1)
or
(2)
or
236.34 (1m) (e)
or for the purpose of a road, street or highway, to the United States or to this state or to any instrumentality, agency or subdivision of either.
Microsoft Windows NT 6.1.7601 Service Pack 1
(3) Which, executed for nominal, inadequate or no consideration, confirms, corrects or reforms a conveyance previously recorded.
Microsoft Windows NT 6.1.7601 Service Pack 1
(4) On sale for delinquent taxes or assessments.
Microsoft Windows NT 6.1.7601 Service Pack 1
(5) On partition.
Microsoft Windows NT 6.1.7601 Service Pack 1
(6) Pursuant to mergers of corporations.
Microsoft Windows NT 6.1.7601 Service Pack 1
(6d) Pursuant to partnerships registering as limited liability partnerships under s.
178.40
.
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(6m) Pursuant to the conversion of a business entity to another form of business entity under s.
179.76
,
180.1161
,
181.1161
, or
183.1207
, if, after the conversion, the ownership interests in the new entity are identical with the ownership interests in the original entity immediately preceding the conversion.
Microsoft Windows NT 6.1.7601 Service Pack 1
(7) By a subsidiary corporation to its parent for no consideration, nominal consideration or in sole consideration of cancellation, surrender or transfer of capital stock between parent and subsidiary corporation.
Microsoft Windows NT 6.1.7601 Service Pack 1
(8) Between parent and child, stepparent and stepchild, parent and son-in-law or parent and daughter-in-law for nominal or no consideration.
Microsoft Windows NT 6.1.7601 Service Pack 1
(8m) Between husband and wife.
Microsoft Windows NT 6.1.7601 Service Pack 1
(9) Between agent and principal or from a trustee to a beneficiary without actual consideration.
Microsoft Windows NT 6.1.7601 Service Pack 1
(10) Solely in order to provide or release security for a debt or obligation.
Microsoft Windows NT 6.1.7601 Service Pack 1
(11) By will, descent or survivorship.
Microsoft Windows NT 6.1.7601 Service Pack 1
(12) Pursuant to or in lieu of condemnation.
Microsoft Windows NT 6.1.7601 Service Pack 1
(13) Of real estate having a value of $100 or less.
Microsoft Windows NT 6.1.7601 Service Pack 1
(14) Under a foreclosure or a deed in lieu of a foreclosure to a person holding a mortgage or to a seller under a land contract.
Microsoft Windows NT 6.1.7601 Service Pack 1
(15) Between a corporation and its shareholders if all of the stock is owned by persons who are related to each other as spouses, as lineal ascendants, lineal descendants or siblings, whether by blood or by adoption, or as spouses of siblings, if the transfer is for no consideration except the assumption of debt or stock of the corporation and if the corporation owned the property for at least 3 years.
Microsoft Windows NT 6.1.7601 Service Pack 1
(15m) Between a partnership and one or more of its partners if all of the partners are related to each other as spouses, as lineal ascendants, lineal descendants of siblings, whether by blood or by adoption, or as spouses of siblings and if the transfer is for no consideration other than the assumption of debt or an interest in the partnership.
Microsoft Windows NT 6.1.7601 Service Pack 1
(15s) Between a limited liability company and one or more of its members if all of the members are related to each other as spouses, as lineal ascendants, lineal descendants or siblings, whether by blood or by adoption, or as spouses of siblings and if the transfer is for no consideration other than the assumption of debt or an interest in the limited liability company.
Microsoft Windows NT 6.1.7601 Service Pack 1
(16) To a trust if a transfer from the grantor to the beneficiary of the trust would be exempt under this section.
Microsoft Windows NT 6.1.7601 Service Pack 1
(17) Of a deed executed in fulfillment of a land contract if the proper fee was paid when the land contract or an instrument evidencing the land contract was recorded.
Microsoft Windows NT 6.1.7601 Service Pack 1(18) To a local exposition district under subch.
II of ch. 229
.
Microsoft Windows NT 6.1.7601 Service Pack 1(20) Made under s.
184.15
.
Microsoft Windows NT 6.1.7601 Service Pack 1
(21) Of transmission facilities or land rights to the transmission company, as defined in s.
196.485 (1) (ge)
, under s.
196.485 (5) (b)
or
(c)
or
(6) (a) 1.
in exchange for securities, as defined in s.
196.485 (1) (fe)
."
Microsoft Windows NT 6.1.7601 Service Pack 1
The definitions of s.
703.02
, Stats., which are referred to above, are as follows: "Common elements" means all of a condominium except its units; and "Unit" means a part of a condominium intended for any type of independent use, including one or more cubicles of air at one or more levels of space or one or more rooms or enclosed spaces located on one or more floors (or parts thereof) in a building. A unit may include 2 or more noncontiguous areas.
Microsoft Windows NT 6.1.7601 Service Pack 1