Wisconsin License Law
A Wisconsin licensee who is named in a lawsuit related to a real estate transaction should immediately:
ASettle the claim without notifying the broker
BNotify their employing broker and their E&O insurance carrier✓ Correct
CNotify DSPS and cease all real estate activities
DConsult the Wisconsin REALTORS® association only
Explanation
When named in litigation related to a real estate transaction, a licensee should promptly notify their employing broker and their E&O insurance carrier to ensure proper handling of the claim.
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