Wisconsin’s urgent need for all types of housing from single-family to multi-family units, has created affordability challenges including rising rents. As a result, some communities are considering rent control as a potential solution.

This bill increases the general recording and filing fees charged by county registers of deeds, increases the amount of the fees that counties must submit to the Department of Administration for the land information program, and increases the minimum grant amount DOA may award to counties for education and training grants under the program.

Cutting Wisconsin’s real estate transfer tax (Transfer Tax) by one-third would reduce the cost carried by Wisconsin property owners who pay the tax on the sale of real property.

A home is the single largest investment an individual or family can make. When many prospective homeowners begin their property search one of the largest portions of this investment that they do not take into consideration is the property tax associated with the purchase.