Wisconsin License Law
When a Wisconsin real estate broker firm changes its business name, it must:
AFile a new license application and notify DSPS of the name change✓ Correct
BAutomatically receive a new license after 30 days
CObtain permission from the Wisconsin Realtors Association
DClose all open transactions before changing the name
Explanation
A Wisconsin real estate broker firm must notify DSPS of any name change and update its license. Practicing under an unlicensed business name violates DSPS rules.
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