REEB 25.03(3)(i)3. 3. Involuntary alienation.
REEB 25.03(3)(i)4. 4. Probate.
REEB 25.03(3)(i)5. 5. Transfer of title by will and descent.
REEB 25.03(3)(i)6. 6. Public records and recording.
REEB 25.03(3)(i)8. 8. Uniform commercial code.
REEB 25.03(3)(i)9. 9. Other conveyances.
REEB 25.03(3)(j) (j) Real estate finance and basic math.
REEB 25.03(3)(j)3. 3. Payment plans.
REEB 25.03(3)(j)4. 4. Provisions for default: assignment; release; subject to.
REEB 25.03(3)(j)6. 6. Secondary mortgage market.
REEB 25.03(3)(k)1.1. Basic principles of value.
REEB 25.03(3)(k)2. 2. Direct market comparison approach.
REEB 25.03(3)(k)3. 3. Cost approach.
REEB 25.03(3)(m)2. 2. Ethical business conduct.
REEB 25.03(3)(n)4. 4. Legal principles of leases.
REEB 25.03(3)(n)8. 8. Breach.
REEB 25.03(3)(n)9. 9. Residential rental practices — ss. ATCP 134.02, 134.06, 134.09, and 134.09.
REEB 25.03(3)(o) (o) Property management.
REEB 25.03(3)(o)1.1. Functions of property manager.
REEB 25.03(3)(o)3. 3. Management considerations.
REEB 25.03(3)(o)4. 4. Renting and maintaining the property.
REEB 25.03(3)(o)5. 5. Risk management.
REEB 25.03(3)(p)3. 3. Zoning.
REEB 25.03(3)(p)6. 6. Building codes.
REEB 25.03(3)(p)8. 8. Subdividing.
REEB 25.03(3)(q) (q) Environmental concerns.
REEB 25.03(3)(q)3. 3. Toxic waste.
REEB 25.03(3)(q)6. 6. Flood insurance.
REEB 25.03(3)(q)7. 7. Wetlands — s. 23.32, Stats.
REEB 25.03(3)(q)8. 8. Farmland preservation — ss. 91.01, 91.60 to 91.70, Stats.
REEB 25.03(3)(q)9. 9. Rental unit energy efficiency standards — ss. SPS 367.03, 367.08.
REEB 25.03(3)(q)10. 10. Disclosure documents — s. 452.23, Stats., and ch. 709, Stats. and s. REEB 24.07.
REEB 25.03(3)(r)1.1. Chapter REEB 15 — documents and records.
REEB 25.03(3)(r)5. 5. Chapter REEB 23 — change of name, address, trade names.
REEB 25.03 Note Note: Sections 406.101 to 406.108, Stats., were repealed by 2009 Wis. Act 110.
REEB 25.03(3)(r)7. 7. Property provisions for aliens and corporations — ss. 710.01, 710.02, Stats.
REEB 25.03(3)(r)8. 8. Property rights of married persons — ss. 766.31, 766.51, 766.60, 766.63, Stats.
REEB 25.03(3)(r)9. 9. Mortgage banking — s. 224.71, Stats., and s. DFI-Bkg 40.03 (4) (b).
REEB 25.03 Note Note: Section DFI-Bkg 40.03 (4) (b) no longer exists, eff. 1-1-10.
REEB 25.035(1)(1) An applicant who has held an active real estate salesperson's license in another licensing jurisdiction within the 2-year period prior to filing an application for an original real estate salesperson's license in Wisconsin may satisfy the educational requirements of s. REEB 25.03 (3) if the applicant submits evidence of one of the following:
REEB 25.035(1)(b) (b) Satisfaction of the 10 semester-hour waiver in s. REEB 25.03 (2).
REEB 25.035(2)(a)1.b. b. Requirements for a void conveyance — ss. 706.02, 706.03, Stats.
REEB 25.035(2)(a)3. 3. Review of forms approved by the board.
REEB 25.035(2)(a)3.b. b. Offers to purchase.
REEB 25.035(2)(a)3.i. i. Cancellation and mutual release.
REEB 25.035(2)(b) (b) Agency.
REEB 25.035(2)(b)3. 3. Multiple representation — s. 452.137, Stats.
REEB 25.035 Note Note: Section 452.137, Stats., was repealed by 2005 Wis. Act 87.
REEB 25.035(2)(c) (c) Business conduct.
REEB 25.035(2)(c)1.1. Direct contact with the public.
REEB 25.035(2)(c)1.a. a. Competence in area of service — s. REEB 24.03.
REEB 25.035(2)(c)1.c. c. Agreements in writing — s. REEB 24.08.
REEB 25.035(2)(c)1.e. e. Net listings — s. REEB 24.10.
REEB 25.035(2)(c)3. 3. Completing and presenting offers — ss. REEB 24.12, 24.13.
REEB 25.035(2)(c)3.b. b. Drafting and submitting offers.
REEB 25.035(2)(c)3.e. e. Prompt notification.
REEB 25.035(2)(c)4. 4. Self-dealing — s. REEB 24.05.
REEB 25.035(2)(c)4.d. d. Disclosure of profits.
REEB 25.035(2)(c)4.e. e. Disclosure of licensure.
REEB 25.035(2)(d)1.1. Property inspections — s. REEB 24.07 (1) (a).
REEB 25.035(2)(d)2. 2. Inquiry by listing broker — s. REEB 24.07 (1) (b).
REEB 25.035(2)(d)4. 4. Disclosure of material suggesting adverse material facts — s. REEB 24.07 (3).
REEB 25.035(2)(d)6. 6. Reliance upon third parties — s. REEB 24.07 (5).
REEB 25.035(2)(d)7. 7. Investigations and inspections — s. 452.23, Stats.
REEB 25.035(2)(d)8. 8. Civil liability for misrepresentation.
REEB 25.035(2)(d)9. 9. Seller's disclosure duties — ch. 709, Stats.
REEB 25.035(2)(e) (e) Fair housing. Wisconsin law — s. REEB 24.03 (1), ss. 66.1011 and 106.50, Stats.
REEB 25.035(2)(f)2. 2. Floodplains — s. 87.30, Stats., ss. NR 116.01, 116.06.
REEB 25.035(2)(g)1.a. a. Definition of trust account.
REEB 25.035(2)(g)1.b. b. Interest-bearing and non-interest-bearing accounts.
REEB 25.035(2)(g)1.c. c. Definition of trust funds.
REEB 25.035(2)(g)2.a. a. Escrows requiring separate escrow agreements.
REEB 25.035(2)(g)2.c. c. Post-closing escrows.
REEB 25.035(2)(h) (h) Miscellaneous issues.
REEB 25.035(2)(h)3. 3. Taxes — ss. 74.15, 74.47 (1) and (2), Stats.
REEB 25.035(2)(h)5. 5. Residential rental practices — ss. ATCP 134.02, 134.06, 134.09.
REEB 25.035(2)(h)7. 7. Documents and records — ch. REEB 15.
REEB 25.035(2)(h)9. 9. Commercial bulk sales — ss. 406.101 to 406.108, Stats.
REEB 25.035 Note Note: Sections 406.101 to 406.108, Stats., were repealed by 2009 Wis. Act 110.
REEB 25.035(2)(h)10. 10. Property provision for aliens and corporations — ss. 710.01, 710.02, Stats.
REEB 25.035(2)(h)11. 11. Property rights of married persons — ss. 766.31, 766.51, 766.60, 766.63, Stats.
REEB 25.035(2)(h)12. 12. Mortgage banking — s. 224.71, Stats., s. DFI-Bkg 40.03 (4) (b).
REEB 25.035 History History: Cr. Register, July, 1997, No. 499, eff. 8-1-97; rn. (1) to be (1) (intro.) and am., cr. (1) (a) and (b), Register, July, 1998, No. 511, eff. 8-1-98; am. (1), (2) (intro.), (a) to (h), Register, August, 1999, No. 524, eff. 9-1-99; corrections in (2) (e) made under s. 13.93 (2m) (b) 7., Stats., Register November 2007 No. 623; correction in (2) (f) 1. made under s. 13.92 (4) (b) 7., Stats., Register January 2011 No. 661; correction in (1) (intro.), (a), (b), (2) (a) 2., 3., (c) 1. a. to e., 2., 3. (intro.), 4. (intro.), (d) 1. to 6., (e), (f) 1., 5., (g) 1. (intro.), (h) 7., 8. made under s. 13.92 (4) (b) 6., 7., Stats., Register November 2011 No. 671; correction in (2) (f) 1. made under s. 13.92 (4) (b) 7., Stats., Register October 2013 No. 694.
REEB 25.05 REEB 25.05 Requirements for approval of pre-license education courses taken for academic credit at an accredited institution of higher education.
REEB 25.05(1) (1) A school seeking initial approval of pre-license credit courses in real estate shall submit its application on a form provided by the department. The board may require the following information and materials:
REEB 25.05(1)(b) (b) The method of instruction for each course.
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Published under authority of s. 35.93, Stats. Updated on the first day of each month. Entire code is alwaycurrent. The date shown on each chapter is the date the chapter was last published.