Agency
The Wisconsin 'Disclosure to Customers' form is used when a licensee works with a party as a:
AClient in an agency relationship
BCustomer (non-client) with limited duties✓ Correct
CDesignated agent
DTransaction coordinator
Explanation
When a Wisconsin licensee works with a party as a customer (not a client), the licensee provides limited services and must use the Disclosure to Customers form to clarify the non-agency relationship.
Related Wisconsin Agency Questions
- A Wisconsin listing broker who receives a full-price offer from a buyer that meets all the seller's stated terms must:
- A Wisconsin listing broker receives an offer on a property. The seller is unavailable to respond for 3 days. The broker should:
- A 'transaction broker' in Wisconsin:
- Under Wisconsin law, which of the following is a fiduciary duty owed ONLY to a client, not a customer?
- A Wisconsin licensee who represents a seller must disclose to that seller if the licensee has a personal financial interest in the transaction, such as:
- In Wisconsin, multiple representation (dual agency) requires:
- Under Wisconsin law, a buyer's agent owes the buyer all of the following duties EXCEPT:
- A Wisconsin buyer's agent owes which of the following duties to the buyer client?
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →