Section REEB 25.025 - Satisfaction of broker's educational requirements by out-of-state applicants(1) An applicant who has held an active real estate broker's license in another licensing jurisdiction within the 2 year period prior to filing an application for an original real estate broker's license in Wisconsin may satisfy the broker's educational requirements of s. REEB 25.02(1) by submitting evidence of one of the following: (a) Completion of the educational programs under sub. (2) and s. REEB 25.035(2) at a school approved by the board under s. REEB 25.05 or 25.06.(b) Satisfaction of the requirements in s. REEB 25.02(1) (b) or (c).(2) The contents of the educational program under this subsection shall include all of the following and shall be designed so that if the educational program were presented as classroom education, it would be presented in no less than 3 hours: (a)Broker-only contracts and contract issues.2. State bar forms - s. REEB 16.03(1).3. Uniform commercial code forms - s. REEB 16.03(1).4. Forms used in other states.5. Developing forms and contingency manual.6. Supervising salespersons' use of approved forms.7. Commercial real estate broker's commission lien - s. 779.32, Stats.(b)Miscellaneous Wisconsin laws.1. Change of name, address or trade name - ch. REEB 23.2. Trust accounts - s. 452.13, Stats., and ch. REEB 18. a. Procedure to open trust account.b. Authorization to sign trust account checks.3. Policy manual - s. REEB 17.08.(c) Review, update or more in-depth coverage of any of the contents of the salesperson's educational course in s. REEB 25.035(2).Wis. Admin. Code Real Estate Examining Board REEB 25.025
Cr. Register, July, 1997, No. 499, eff. 8-1-97; am. (1) (intro.), (a), (b), (2) (intro.), (a), (b) (intro.) and (c), cr. (2) (a) 7., Register, August, 1999, No. 524, eff. 9-1-99; correction in (1) (intro.), (a), (b), (2) (a) 2., 3., (b) 1., 2. (intro.), 3., (c) made under s. 13.92(4) (b) 6, 7., Stats., Register November 2011 No. 671.