Wisconsin Administrative Code Real Estate Examining Board
1. Overview
The Real Estate Examining Board in Wisconsin is part of the Department of Safety and Professional Services (DSPS). It oversees:
Licensing of real estate brokers and salespersons.
Establishing rules for education, examinations, and practice.
Investigating complaints and enforcing professional standards.
The Board operates under the Wisconsin Administrative Code, Chapter RL (Real Estate).
2. Key Sections of the Administrative Code (RL Chapter)
RL 1 – General Provisions
Defines terms used in the code, such as “broker,” “salesperson,” and “licensee.”
Outlines the scope of the rules and authority of the Board.
RL 2 – License Requirements
Specifies who must be licensed to practice real estate in Wisconsin.
Details qualifications for salespersons and brokers:
Age requirements.
Education requirements (pre-licensing courses).
Passing the state exam.
RL 3 – Examinations
Establishes rules for the state licensing exam:
Application procedures.
Exam content and format.
Scoring and retake policies.
RL 4 – Education and Continuing Education
Outlines pre-licensing education requirements.
Specifies continuing education (CE) requirements for license renewal:
Number of hours.
Course topics (ethics, law, contracts, etc.).
Approved providers.
RL 5 – License Renewal and Maintenance
Rules for renewing a real estate license.
Procedures for late renewals, lapses, or reinstatement.
RL 6 – Professional Conduct
Defines unethical practices and prohibited behavior.
Enforcement policies, including:
Complaints.
Investigations.
Disciplinary actions (reprimand, suspension, revocation).
RL 7 – Recordkeeping and Disclosures
Licensees must maintain transaction records.
Rules for disclosures to clients, including:
Agency relationships.
Conflicts of interest.
Material facts about property.
3. Enforcement
The Board can investigate complaints and hold hearings.
Violations of RL rules can result in fines, license suspension, or revocation.
4. Practical Importance
If you plan to take the Wisconsin Real Estate Exam, you need to know RL 1–7.
Most exam questions come from:
License requirements.
Ethical and legal rules.
Contract and disclosure rules.
Continuing education rules.
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