REEB 25.038(8)
(8) Trust accounts and escrows, including all of the following:
REEB 25.038(9)
(9) Miscellaneous issues, including all of the following:
REEB 25.038 History
History:
CR 15-010: cr.
Register September 2015 No. 717, eff. 10-1-15; (1) (a) 1. and 2. renum. from (1) (a) a. and b. under s.
13.92 (4) (b) 1., Stats.,
Register September 2015 No. 717;
CR 17-100: am. (5) (b)
Register July 2018 No. 751, eff. 8-1-18;
CR 19-128: r. (7) (e)
Register January 2021 No. 781, eff. 2-1-21;
CR 23-075: am. (intro.), (1) (c) 5. to 7., 9. to 12., (4) (b), (d)
Register August 2024 No. 824, eff. 9-1-24.
REEB 25.055
REEB 25.055 Approval for pre-licensure education programs or courses. REEB 25.055(1)(a)(a) The board may approve a pre-licensure education program if it covers all of the required content and hours in ss.
REEB 25.023,
25.028,
25.033, or
25.038. The board may approve a pre-licensure education course if it alone or in conjunction with one or more other courses covers the content and hours required under ss.
REEB 25.023,
25.028,
25.033, or
25.038.
REEB 25.055(1)(b)
(b) Instructors shall be knowledgeable in the subject that they are teaching. An instructor whose real estate license has been limited, suspended or revoked may not instruct in a program or a course while the disciplinary action is in effect.
REEB 25.055(1)(c)
(c) A school or organization may not discriminate against anyone on the basis of sex, race, color, sexual orientation, disability, religion, age, or national origin in its education program or courses.
REEB 25.055(2)
(2) Approval. A school or organization seeking approval of a pre-licensure education program or course shall submit to the board at least 30 days prior to offering the program or course all of the following:
REEB 25.055(2)(e)
(e) Detailed outline of each program or course with specific allocations of hours to each topic. A school or organization utilizing a curriculum, which has already been approved by the board, may provide verification of utilization of the approved curriculum to meet this requirement.
REEB 25.055(2)(g)
(g) Method for ensuring the students who complete the course are the enrolled students.
REEB 25.055(2)(j)1.
1. A person who is or has been engaged in the practice of teaching real estate courses at an accredited institution of higher education.
REEB 25.055(2)(j)2.
2. A person who is properly licensed or certified by the board or other governmental agency who, for at least 5 years continuously, has been engaged in the real estate aspects of any of the following:
REEB 25.055(2)(j)3.
3. A member of the Wisconsin state bar who is engaged in the field of real estate related law.
REEB 25.055(2)(j)4.
4. A person who, in the judgment of the board, is qualified by experience or education to teach a course of study.
REEB 25.055(3)
(3) Changes to program or course. A school or organization shall inform the board of any change in instructors and any substantive change in the information submitted in sub.
(2) (a) to
(j) within 10 days following the date of the change.
REEB 25.055(4)(a)
(a) A school or organization shall provide all students with evidence of completion of the education program or course.
REEB 25.055(4)(b)
(b) A certificate of completion may not be issued unless the student received all the required contents of the education program and course. A certificate of completion shall include all of the following:
REEB 25.055(4)(c)
(c) A school or organization shall maintain attendance and completion records for at least 5 years after a program or course has been conducted.
REEB 25.055 History
History:
CR 15-010: cr.
Register September 2015 No. 717, eff. 10-1-15;
CR 23-075: am. (1) (c)
Register August 2024 No. 824, eff. 9-1-24.
REEB 25.065
REEB 25.065 Continuing education requirements for brokers and salespersons. REEB 25.065(1)(1)
Each licensed broker and salesperson shall satisfy the continuing education requirement specified in s.
452.12 (5) (c), Stats., during each licensing biennium.
REEB 25.065 Note
Note: The contents of the continuing education programs and courses are not designated in the Wisconsin administrative code, pursuant to an exemption under s.
227.01 (13) (zj), Stats.
REEB 25.065(2)
(2) A licensee may only satisfy the continuing education requirement by successfully completing the continuing education program or courses which are approved by the board before the programs or courses are conducted.
REEB 25.065(3)
(3) A licensee shall submit evidence of completion of the continuing education requirement when applying for renewal of license. The department shall withhold issuance of the renewal license until such evidence is submitted and the licensee may not engage in the practice of real estate until having submitted such evidence and having received the license.
REEB 25.065(5)
(5) A person who receives an original salesperson's or broker's license is required to satisfy the continuing education requirement during the biennium in which the person receives that license, except a person who receives an original salesperson's license after October 1 in an even year is not required to satisfy the continuing education requirement during that biennium.
REEB 25.065(6)
(6) A licensee may attend more than one school in order to complete approved courses which are part of the continuing education program designated by the board under s.
452.05 (1) (d) and
(g), Stats.
REEB 25.065(8)
(8) A licensee who acts as an instructor of an approved continuing education program or course may receive credit toward satisfaction of the licensee's continuing education requirement. The licensee may not receive credit for teaching a specific course more than one time.
REEB 25.065(9)
(9) The board may grant an extension of time for completion of the continuing education requirement by a licensee and the licensee may obtain a renewal license for the extension period for one of the following reasons:
REEB 25.065(9)(a)
(a) Health reasons that prevented attendance at continuing education courses.
REEB 25.065(9)(b)
(b) Active duty in the military service with assignment to a duty station outside Wisconsin.
REEB 25.065(9)(c)
(c) Other compelling reasons beyond the control of the applicant while engaged in the real estate business.
REEB 25.065(10)
(10) A licensee shall retain for a minimum period of 5 years and shall make available to the board, or its agent upon request, the evidence of completion issued by the school or organization for all continuing education programs for which the licensee claims credit for purposes of renewal of the license.
REEB 25.065 History
History:
Cr.
Register, January, 1992, No. 433, eff. 2-1-92; am. (6m), r. (4), r. and recr. (5),
Register, September, 1993, No. 453, eff. 10-1-93; am. (7),
Register, July, 1998, No. 511, eff. 8-1-98; am. (5),
Register, August, 1999, No. 524, eff. 9-1-99; correction in (2), (3), (6) to (9) made under s.
13.92 (4) (b) 6.,
7., Stats.,
Register November 2011 No. 671;
CR 13-100: am. (1)
Register September 2014 No. 705, eff. 10-1-14;
CR 15-010: am. (2), (5), r. (6m), (7), am. (8), (9) (a), (b), cr. (10)
Register September 2015 No. 717, eff. 10-1-15.
REEB 25.068
REEB 25.068 Approval for continuing education programs or courses. REEB 25.068(1)(a)(a) A school or organization shall conduct an examination at the end of each continuing education program or course consisting of at least 5 multiple-choice questions for each hour of the continuing education program or course. The passing score shall be no less than 70%, unless the school or organization provides substantial justification to the board for a lower score and the board approves the lower passing score. A school or organization may not count examination time as part of the number of hours of the program or course.
REEB 25.068(1)(b)
(b) Instructors of continuing education programs or courses shall be knowledgeable in the subject that they are teaching. An instructor whose real estate license has been limited, suspended or revoked may not instruct in a program or a course while the disciplinary action is in effect.
REEB 25.068(1)(c)
(c) A school or organization may not discriminate against anyone on the basis of sex, race, color, sexual orientation, disability, religion, age, or national origin, in its education program or courses.
REEB 25.068(2)
(2) Approval. A school or organization seeking approval of a continuing education program or course shall submit to the board at least 30 days prior to offering the program or course all of the following:
