REEB 25.023(10) (10) Notifying the department. Instruction relating to notifying the department shall include all of the following:

REEB 25.023(10)(a) (a) Change of name, address or trade name under ch. REEB 23.

REEB 25.023(10)(b) (b) Criminal conviction under s. 440.03 (13) (am), Stats.

REEB 25.023 History History: CR 15-010: cr. Register September 2015 No. 717, eff. 10-1-15; CR 17-100: r. (4) (a) 3. Register July 2018 No. 751, eff. 8-1-18; CR 23-075: am. (2) (c) 1. to 10., (6) (d), (7) (d) (intro.), (f) 1., (g) 1., r. (7) (h) Register August 2024 No. 824, eff. 9-1-24.

REEB 25.028 REEB 25.028 Nonresident broker education equivalency. An applicant who has held an active real estate broker’s license in another licensing jurisdiction within the 2 year period prior to filing an application for a real estate broker’s license in this state is deemed to have met the equivalency to the business management and salesperson program education based upon the applicant’s education required to obtain a license in the other licensing jurisdiction and the completion of Wisconsin specific education consisting of all of the following:

REEB 25.028(1) (1) Business management education consisting of 6 hours, including all of the following:

REEB 25.028(1)(a) (a) Broker-only contracts and contract issues, including all of the following:

REEB 25.028(1)(a)1. 1. Reynolds v. Dinger, 14 Wis. 2d 193.

REEB 25.028(1)(a)2. 2. State bar forms under s. REEB 16.03 (1).

REEB 25.028(1)(a)3. 3. Uniform commercial code forms under s. REEB 16.03 (1).

REEB 25.028(1)(a)4. 4. Forms used in other states.

REEB 25.028(1)(a)5. 5. Developing forms and contingency manual.

REEB 25.028(1)(a)6. 6. Supervising salesperson’s use of approved forms.

REEB 25.028(1)(a)7. 7. Commercial real estate broker’s commission under s. 779.32, Stats.

REEB 25.028(1)(b) (b) Agency relationships, including all of the following:

REEB 25.028(1)(b)1. 1. Multiple representation with designated agency.

REEB 25.028(1)(b)2. 2. Multiple representation without designated agency.

REEB 25.028(1)(b)3. 3. Single agency.

REEB 25.028(1)(c) (c) Disclosure, including all of the following:

REEB 25.028(1)(c)1. 1. Property inspections.

REEB 25.028(1)(c)2. 2. “As-is” sales.

REEB 25.028(1)(c)3. 3. Optional disclosure.

REEB 25.028(1)(d) (d) Trust accounts under ch. REEB 18, including all of the following:

REEB 25.028(1)(d)1. 1. When is a trust account required.

REEB 25.028(1)(d)2. 2. Registering a trust account.

REEB 25.028(1)(d)3. 3. Procedure to open a trust account.

REEB 25.028(1)(d)4. 4. Authorization to sign trust account checks.

REEB 25.028(1)(d)5. 5. Deposit of trust funds.

REEB 25.028(1)(d)6. 6. Disbursement of trust funds.