Quantcast

Central Wisconsin News

Tuesday, September 9, 2025

Rep. Krug of Wisconsin Assembly authors bill modifying real property transaction processes

Webp 9avq6fzik08gfdr8v5cv5iyf0vmq

Scott Krug, Wisconsin State Representative for 72nd District | www.facebook.com

Scott Krug, Wisconsin State Representative for 72nd District | www.facebook.com

A new bill authored by State Rep. Scott Krug seeks to update processes related to real property transactions, aiming to streamline and clarify various legal requirements, according to the Wisconsin State Assembly.

According to the Wisconsin State Legislature's official website, the bill was described as follows: "revoking a transfer of real property on death, obtaining evidence of the termination of a decedent’s property interests, disbursing deposits after rescission of real property wholesaler contracts, and filing satisfactions of judgment".

The following is our breakdown, based on the actual bill text, and may include interpretation to clarify its provisions.

In essence, this bill introduces modifications to existing processes concerning real property transactions upon death, property interest terminations, real estate wholesaler contracts, and judgment satisfaction filings. It changes the revocation procedure for Transfer on Death (TOD) designations, necessitating acknowledged documents by owners, and states that joint TOD designations require consensus for revocation. For property interest terminations, the bill allows the latest property tax bill as proof rather than only the preceding year's. Concerning rescinded property wholesaler contracts, it permits the disbursement of deposits to either sellers or third-party assignees, exempting those who handle such transfers from liability. Lastly, it specifies that satisfactions of judgment can be filed in other counties using original satisfactions signed by the judgment owner or their attorney, replacing the need for certified copies or clerk certificates.

The bill was co-authored by Senator John Jagler (Republican-13th District), Representative Daniel Knodl (Republican-24th District), Representative Dave Maxey (Republican-83rd District), Representative David Murphy (Republican-56th District), Representative Jeffrey Mursau (Republican-36th District).

Scott Krug has co-authored or authored another 27 bills since the beginning of the 2025 session, with none of them being enacted.

Krug graduated from the University of Wisconsin at Green Bay in 2008 with a BAS and again in 1999 from Mid-State Technical College with an AA.

Krug, a Republican, was elected to the Wisconsin State Assembly in 2011 to represent the state's 72nd Assembly district, replacing previous state representative Marlin D. Schneider.

In Wisconsin, the legislative process starts when a senator, constituent, group, or agency proposes an idea for a bill. After drafting, the bill is introduced, numbered, and referred to a committee for review and public input. If approved, it moves through three readings and votes in both the Senate and Assembly. Once both chambers pass the same version, the bill goes to the governor, who can sign it, veto it, or let it become law without a signature. Only a small share of bills introduced each session ultimately become law. You can learn more about the Wisconsin legislative process here.

Bills Introduced by Scott Krug in Wisconsin Assembly During 2025 Regular Session

Bill NumberDate IntroducedShort Description
AB19504/15/2025Revoking a transfer of real property on death, obtaining evidence of the termination of a decedent’s property interests, disbursing deposits after rescission of real property wholesaler contracts, and filing satisfactions of judgment
AB18304/15/2025Standard industrial classification codes for linen supply and industrial launderers and modifying the manufacturing and agriculture tax credit. (FE)
AB17704/15/2025Sales and use tax exemption for diapers and feminine hygiene products. (FE)
AB15404/02/2025Use of certified seed potatoes in planting potatoes and providing a penalty. (FE)
AB12803/11/2025Requiring first responders to be trained to administer epinephrine delivery systems. (FE)

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS