Wisconsin License Law
A Wisconsin broker who wishes to operate their own real estate firm must obtain a:
ASalesperson license with a firm endorsement
BBroker license and a business entity license if operating as a corporation or LLC✓ Correct
CDSPS franchise approval
DWisconsin Realtors Association certification
Explanation
A broker operating through a corporation or LLC must obtain both an individual broker license and a business entity license from DSPS under Wis. Stat. Chapter 452.
Related Wisconsin Wisconsin License Law Questions
- Under Wisconsin Wis. Stat. § 452.13, a broker must maintain the trust account's records for a minimum period after the transaction closes. This period is:
- Wisconsin's mandatory real estate transaction forms are known as:
- How many hours of continuing education does Wisconsin require per renewal period?
- What is the minimum age to obtain a Wisconsin real estate salesperson license?
- Which of the following is a DSPS disciplinary action available against a Wisconsin real estate licensee?
- The Wisconsin DSPS may discipline a licensee for all of the following EXCEPT:
- In Wisconsin, an unlicensed person who performs real estate brokerage activities for compensation is subject to:
- A Wisconsin real estate salesperson who accepts compensation directly from a buyer instead of through the broker is:
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