Home Buyer protection in Wisconsin

May 21, 2009

Governor Jim Doyle Signs Bill To Help Protect Home Buyers

Source: WRA REALTORS Newswire, WEAU-TV (Eau Claire, WI),

Wisconsin Governor Jim Doyle has signed into law a bill that allows home buyers who believe a seller has lied to sue for fraud to recover damages. The measure reverses a state Supreme Court ruling from 2008 that said such lawsuits were not permitted. The proposal was endorsed by such groups as the Wisconsin REALTORS® Association and the state Home Inspectors Association. Bill sponsor Senator Jon Erpenbach (D-Waunakee) concedes that it is difficult to prove fraud. However, in cases where it exists, he argues that home buyers should have a legal course of action.

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