CR 15-006 Rule Text

STATE OF WISCONSIN

REAL ESTATE EXAMINING BOARD

IN THE MATTER OF RULE-MAKING PROCEEDINGS BEFORE THE

REAL ESTATE EXAMINING BOARD

ORDER OF THE REAL ESTATE EXAMINING BOARD

ADOPTING RULES (CLEARINGHOUSE RULE 15-006)

ORDER

An order of the Real Estate Examining Board to amend REEB 16.06 (1) (b) relating to use of approved forms.

Analysis prepared by the Department of Safety and Professional Services.

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ANALYSIS

Statutes interpreted: s. 452.05(1)(b)

Statutory authority: ss. 15.08(5)(b) and 452.07(1)

Explanation of agency authority: The Board shall promulgate rules for the guidance of the profession not inconsistent with the laws relating to real estate.

Related statute or rule: N/A

Plain language analysis:

Section 1 inserts the word “not” which was inadvertently omitted in CR 13-073.

Summary of, and comparison with, existing or proposed federal regulation: None

Comparison with rules in adjacent states:

Illinois: Illinois does not have rules related to altering real estate forms.

Iowa: Iowa does not have rules related to altering real estate forms.

Michigan: Michigan does not have rules related to altering real estate forms.

Minnesota: Minnesota does not have rules related to altering real estate forms.

Summary of factual data and analytical methodologies:

This rule simply reinserts a word which was part of the rule prior to CR-13-073 which inadvertently deleted it.

Analysis and supporting documents used to determine effect on small business or in preparation of economic impact analysis:

This rule was posted for economic comments and the board received none. This is merely a clerical correction to a previous rule.

Fiscal Estimate and Economic Impact Analysis:

The Fiscal Estimate and Economic Impact Analysis is attached.

Effect on small business: