Wisconsin Statutes 844.06 – Waste; liability
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Terms Used In Wisconsin Statutes 844.06
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
(1) Tenant liable after granting estate. Any tenant who lets or grants the tenant’s estate and still retains possession thereof and commits waste is liable for the waste.
(2) Joint tenants, liable. If one joint tenant or tenant in common commits waste of the estate held in joint tenancy or in common, the tenant committing waste shall be subject to an action at the suit of the tenant’s cotenant or cotenants.