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Helpful Hints for Completing the
Real Estate Transfer Return
Place date of conveyance
on the deed:
The date of the conveyance
must be on the deed because the register of deeds is required to place
it on the transfer form. Any deeds or land contracts presented for recording
without the date of conveyance will be rejected.
Use appropriate form:
The
form PE-500 (R.3-04) should be used for all conveyances unless you are using
the E-RETR. The paper form has a light green background and uses both sides
of a standard 8 1/2 x 11" page.
Instructions for filling out the
Wisconsin Real Estate Transfer Return are available through the
Wisconsin Department of Revenue. After you click on this,
click on forms, then click
on real estate transfer & merger/conversion, then click on e-RETR PE-500 and
PE-500x, then instructions for either the e-return or the
paper form.
Print or type legibly:
The new form will be scanned by
an optical character recognition device. Therefore, you must type or
print clearly in black ink. Use of all CAPITAL LETTERS is REQUIRED. You may not use white-out or dry
line because they flake off easily which would harm the optical character
recognition (ocr) device used to read the information on the forms. Use
correction tape such as Avery 1/6 inch wide #05101.
No cross-overs:
You may not cross over
your errors on the form because the ocr device cannot interpret the
information. You may use correction tape such as Avery 1/6 inch wide #05101.
Don’t write in blue (or green as
of January 1, 2000) area:
Do not
write in the blue area even if you run out of space.
A script font is not acceptable. Please use clear, simple
font. If typing, ignore the boxes and type straight through the vertical
lines. If printing, you must keep one letter/number/space per box." Leave a
space between words.
Lot size: Round to whole numbers
For line
47a or 47b, use
whole numbers and don’t add "plus or minus" (+ or -). This line does not
determine your assessed value; it is just a rough approximation. For condos,
use the dimensions or approximate acreage (to nearest whole number) of the
entire condominium.
Use care when signing
Don’t let your signatures drop
down into the next white areas because this will make those areas illegible
and render the form unacceptable.
Complete entire form (except
section X or section V on the new form)
Wisconsin Department of Revenue
Transfer Form
GUIDELINES.
Consider using a computer program
Info-Pro at 153 S. Macy St., Fond
du Lac WI 54935, (920)924-9200, has a computer program that lines up with
the new transfer form when used with Microsoft Word or Word Perfect and an
HP LaserJet printer. If you obtain a copy, let us know what you think of it.
Wisconsin Department of Revenue |
