Section 703.38 - Applicability to existing condominiums(1) Except as otherwise provided in this section and s. 30.1335, this chapter is applicable to all condominiums, whether established before or after August 1, 1978. However, with respect to condominiums existing on August 1, 1978, the declaration, bylaws or condominium plat need not be amended to comply with the requirements of this chapter.(2) Section 703.10(5) is not applicable to a condominium existing on August 1, 1978 if the existing declaration or bylaws provide otherwise.(3) Section 703.15(4) (c) and (d) 2. are not applicable to a condominium existing on August 1, 1978 if the existing declaration or bylaws provide otherwise.(4) Section 703.18 is applicable only to those condominiums which are damaged or destroyed on or after August 1, 1978.(5) Section 703.19 is applicable only to those eminent domain proceedings filed on or after August 1, 1978.(6) Unless a declarant elects to conform to the requirements of s. 703.26, s. 703.26 is not applicable to those condominiums created prior to August 1, 1978 under circumstances where the declarant reserved the right to expand the condominium.(7) Section 703.33 is applicable only to contracts executed after August 1, 1978.(8) Section 703.35 is applicable only to leases or management and similar contracts executed after August 1, 1978.(9) Unless the declaration is amended as provided under s. 703.09(2), 1983 stats., to provide otherwise, a condominium created prior to April 22, 1986, is subject to s. 703.09(2), 1983 stats., rather than s. 703.09(2).(10)(a) Except as provided in par. (b), s. 703.02(14m), 2001 stats., and s. 703.365, 2001 stats., apply to condominiums created on or after April 22, 1986, and before November 1, 2004, and to condominiums created before April 22, 1986, that elect to be subject to s. 703.02(14m), 2001 stats., and s. 703.365, 2001 stats.(b) Sections 703.02(14m) and 703.365 apply to condominiums created on or after November 1, 2004, and to condominiums created before November 1, 2004, that elect to be subject to ss. 703.02(14m) and 703.365.1977 c. 407; 1985 a. 188; 2003 a. 283; 2007 a. 20.2003 Wis. Act 283, which affected this section, contains extensive explanatory notes.