2011 Wisconsin Statutes 452.09 – Application for license, contents
452.09
452.09 Application for license, contents.
452.09(1)(a)
(a) The kind of license desired.
452.09(1)(b)
(b) The name and address of the applicant; if the applicant is a business entity, the name and address of each business representative.
452.09(2)
(2) Educational requirements for applicants for licenses.
452.09(1)
(1) Form of application. Any person desiring to act as a broker or salesperson shall submit to the board an application for a license. The application shall be in such form as the board prescribes and shall include the following:
452.09(1)(c)
(c) The place or places, including the town, village or city, street number and county, where the business is to be conducted, and the manner in which the place of business is designated.
452.09(1)(d)
(d) The business or occupation engaged in by the applicant, or if a business entity, by each business representative, for a period of at least 2 years immediately preceding the date of the application.
452.09(1)(e)
(e) Any other information that the board may reasonably require to enable it to determine the competency of each applicant, including each business representative of the business entity, to transact the business of a broker or salesperson in a manner that safeguards the interests of the public.
452.09(2)(a)
(a) Except as provided in a reciprocal agreement under § 452.05 (3), each applicant for a salesperson’s license shall submit to the board evidence satisfactory to the board of successful completion of educational programs approved for this purpose under § 452.05 (1)(c). The board may waive the requirement under this paragraph upon proof that the applicant has received 10 academic credits in real estate or real estate related law courses from an accredited institution of higher education.
452.09(2)(c)
(c) Except as provided in para. (d) or a reciprocal agreement under § 452.05 (3), each applicant for a broker’s license shall do all of the following:
452.09(2)(c)1.
1. Satisfy or obtain a waiver of the requirement under para. (a) or submit proof of licensure as a salesperson under this chapter.
452.09(2)(c)2.
2. Submit to the board evidence satisfactory to the board of successful completion of educational programs in business management approved for this purpose under § 452.05 (1)(c). No educational programs applied to satisfy the requirement under subd. 1. may be applied to satisfy the requirement under this subdivision.
452.09(2)(d)
(d) The board may waive the requirements under para. (c) upon proof that the applicant has received 20 academic credits in real estate or real estate related law courses from an accredited institution of higher education or that the applicant is licensed to practice law in this state.
452.09(3)
(3) Competency of applicant.
452.09(3)(a)
(a) In determining competency, the board shall require proof that the applicant for a broker’s or salesperson’s license has a fair knowledge of the English language; a fair understanding of the general purposes and general legal effect of deeds, mortgages, land contracts of sale, leases, bills of sale, chattel mortgages, and conditional sales contracts; and a general and fair understanding of the obligations between principal and agent, as well as of this chapter. The board shall deny a license to an applicant receiving a failing grade, as established by rules of the board, on any examination given under this section, but any applicant may review his or her examination results in a manner established by rules of the board.
452.09(3)(b)
(b) The board shall determine competency under para. (a) by means of only an oral examination for any applicant who is unable to write because of a physical handicap.
452.09(3)(c)
(c) Examinations shall reliably measure an applicant’s ability to competently engage in real estate practice.
452.09(3)(d)
(d) Except as provided in a reciprocal agreement under § 452.05 (3), the board may not grant a broker’s license to an applicant who does not hold a salesperson’s license unless the applicant passes the salesperson’s examination and the broker’s examination.
452.09(3)(e)
(e) An applicant is not eligible for examination unless the applicant has satisfied the applicable requirements under sub. (2).
452.09(5)
(5) Apprenticeships. Any person who is a resident of this state and 18 years of age or over may, upon application filed in accordance with sub. (1), be indentured to a licensed resident broker in accordance with rules promulgated by the board. These rules shall be promulgated so as to protect the public and may limit the real estate sales and brokerage activity of the apprentice. The board may require an apprentice to take a preliminary examination covering general knowledge and may prescribe the character and extent of his or her work during apprenticeship. The board may issue a temporary salesperson’s permit to the individual for a period not to exceed one year upon payment of the fee under § 440.05 (6). The temporary permit is not renewable.