Wisconsin License Law
Under Wisconsin Wis. Stat. § 452.14(3), grounds for REEB discipline include all of the following EXCEPT:
APracticing real estate while the license is suspended
BCommingling client funds with the broker's own funds
CCharging a commission rate above 6%✓ Correct
DMaking false statements in a license application
Explanation
Commission rates are fully negotiable in Wisconsin; no specific rate is required or prohibited. Practicing while suspended, commingling funds, and lying on license applications are all grounds for discipline.
Related Wisconsin Wisconsin License Law Questions
- Under Wisconsin law, a real estate licensee who wishes to practice as both a broker and an insurance agent must:
- Under Wisconsin Wis. Stat. § 452.06, which of the following persons does NOT need a real estate license?
- A Wisconsin licensee who receives a referral fee from a title company without disclosure to their client is:
- A Wisconsin real estate licensee who represents a buyer must disclose their licensee status when:
- If a Wisconsin licensee wishes to work for a new broker, what must occur first?
- A Wisconsin real estate licensee who acts as both a buyer's agent and a listing agent in the same transaction without proper disclosure is engaging in:
- Under Wisconsin law, an 'associate broker' is best described as:
- A Wisconsin broker's license allows the broker to do all of the following EXCEPT:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →