(1) Except as provided in sub. (2), all persons who transfer real property located in this state, including a condominium unit and time-share property, by sale, exchange, or land contract, unless the transfer is exempt from the real estate transfer fee under s. 77.25, shall comply with ss. 709.02 to 709.04 and 709.06.
(2) Subsection (1) does not apply to any of the following persons, if those persons have never occupied the property transferred:
(a) Personal representatives.
(b) Trustees.
(c) Conservators.
(d) Fiduciaries who are appointed by, or subject to the supervision of, a court.