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Wis. Stat. § 24.28

Forfeiture

Redline — January 1, 2003 → current.View current text →
Current — January 1, 2005
As of January 1, 2003
In the case of the nonpayment of interest when due according to the terms of the certificate of sale, or of any taxes which before said annual interest is paid shall have been returned to the board of commissioners of public lands by the county treasurer as due and unpaid upon such land, or of the principal when required by the board, such certificate shall become void from the time of such failure, and the purchaser, the purchaser's heirs and assigns, shall forfeit all right and interest in the lands described in such certificate; and the board may take immediate possession thereof and may resell the same as hereinafter provided.
(1) A certificate of sale issued under s. 24.17 becomes void upon the occurrence of any of the following, and the purchaser of the lands described in the certificate, or the purchaser's heirs and assigns, shall forfeit all right and interest in the lands: (a) Nonpayment of interest when it is due according to the terms of the certificate of sale. (b) Nonpayment of any taxes that before the annual interest required by the certificate of sale is paid are returned to the board by the county treasurer as due and unpaid upon the lands described in the certificate. (c) Nonpayment of the principal owing on the purchase of the lands described in the certificate of sale when required by the board.
(2) In the event of a forfeiture of lands under sub. (1) , the board may take immediate possession of and resell the forfeited lands as provided under ss. 24.29 to 24.33 .

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.