Third Party Bidder Information

Under Wisconsin State Statute 846.155 an Eligible Third-Party Bidder Affidavit must be filed with the Dane County Clerk of Courts no later than the date and time of the Confirmation of Sale Hearing.  This affidavit affirms the winning bidder meets the Third-Party Bid Requirements.  

The Eligible Third-Party Bidder Affidavit (Form CV-550) can be found using the button below:

• Does not own an interest in Wisconsin property against which taxes have been levied that are more than 120 days delinquent;
• Is not directly or indirectly owned, managed, or controlled, in whole or in party, by a person that owns an interest in Wisconsin property against which taxes have been levied that are more than 120 days delinquent;
• Does not directly or indirectly own, manage, or control, in whole or in party, an entity that owns interest in Wisconsin property against which taxes have been levied that are more than 120 days delinquent;
• Has no unsatisfied judgement against it related to a state or local building code violation with respect to Wisconsin property;
• Is not directly or indirectly owned, managed, or controlled, in whole or in party, by a person against whom an unsatisfied judgment exists related to a state or local building code violation with respect to Wisconsin property;
• Does not directly or indirectly own, manage, or control, in whole or in part, an entity against whom an unsatisfied judgment exists related to a state or local building code violation with respect to Wisconsin property; and
• Is not submitting a bid on behalf of or as an agreement with a person that does not meet these qualifications.

If the Court determines that the affidavit filed by Third-Party Bidder contains false information, the Court may refuse to confirm the sale and order the following:

1. The bidder shall forfeit the amount of the deposit or down payment delivered to the Clerk of Courts
2. The Clerk of Court shall pay the amount forfeited to the parties that would be entitled to the proceeds of the sale as ordered by the Court
3. The mortgaged premises shall be resold
4. The Clerk of Court shall destroy the deed executed to the purchaser, and that deed is of no effect

Additionally, if the Court determines the Third-Party Bidder Affidavit contains false representation that was made knowingly, the Court may order the bidder, the individual who signed the affidavit on behalf of the bidder, or both to: 

1. Forfeit up to $1,000.00
2. Bar them from submitting a bid at any sale of mortgaged premises conducted in the county for a period of time not to exceed one year from the date of the order entered

• Provide the Court Case Number
• Provide exact payment in the form of certified funds which includes:
  • Cashier’s Check
  • Title Company Check
  • Law Firm Trust Account Check
• Provide a check in the amount of $30.00 for the recording fee at the time of the balance payment payable to: Register of Deeds.