Wisconsin License Law
A Wisconsin broker's trust account must be reconciled:
AAnnually at year-end
BMonthly, comparing the trust account balance with the total of all outstanding client fund obligations✓ Correct
COnly when audited by DSPS
DQuarterly with supporting documentation
Explanation
Wisconsin real estate brokers must reconcile their trust accounts monthly, comparing the bank account balance with the total of all client funds held to detect and correct any discrepancies.
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