Chapter REEB 24
CONDUCT AND ETHICAL PRACTICES FOR REAL ESTATE LICENSEES
REEB 24.01   Authority and intent.
REEB 24.02   Definitions.
REEB 24.03   Competent services.
REEB 24.04   Advertising.
REEB 24.05   Disclosure of compensation and interests.
REEB 24.06   Unauthorized practice of law.
REEB 24.07   Inspection and disclosure duties.
REEB 24.075   Tie-in arrangements.
REEB 24.08   Agreements to be in writing.
REEB 24.085   False portrayal of interest, prohibited.
REEB 24.09   Securing agency agreements.
REEB 24.10   Net listing prohibited.
REEB 24.12   Confidentiality of offers.
REEB 24.13   Drafting and submission of written proposals.
REEB 24.15   Adequate funds required.
REEB 24.17   Miscellaneous requirements.
Ch. REEB 24 NoteNote: Chapter REB 15 as it existed on February 29, 1980 was repealed and a new chapter REB 15 was created effective March 1, 1980. Renumbered from chapter REB 15, effective March 1, 1983. Chapter RL 24 was renumbered chapter REEB 24 under s. 13.92 (4) (b) 1., Stats., Register November 2011 No. 671.
REEB 24.01REEB 24.01Authority and intent.
REEB 24.01(1)(1)The rules in this chapter are adopted pursuant to ss. 227.11, 452.01, 452.07, 452.133, 452.138, 452.139 and 452.14, Stats.
REEB 24.01(2)(2)The intent of the board in adopting the rules in this chapter is to establish minimum standards of conduct for real estate licensees and to define conduct that may result in board discipline pursuant to s. 452.14, Stats.
REEB 24.01(3)(3)If a licensee violates rules in this chapter, the licensee has demonstrated incompetency to act as a broker or salesperson in such manner as to safeguard the interests of the public under s. 452.14 (3) (i), Stats. However, the term “incompetency” is not limited in its meaning to violations of this chapter.
REEB 24.01(4)(4)If a licensee violates the rules set forth in s. REEB 24.075, the licensee has engaged in improper, fraudulent or dishonest dealing as used in s. 452.14 (3) (k), Stats. However, the terms “improper, fraudulent or dishonest dealing” are not limited in their meaning to violations of s. REEB 24.075.