Wisconsin Elective Course #1 explains the disclosure responsibilities of Wisconsin real estate licensees and sellers. The course reviews the Real Estate Condition Report (RECR), material adverse facts, property inspections, disclosure requirements, and important exceptions under Wisconsin law.
Topics covered in this course include:
- A licensee’s duty to inspect accessible areas of a property and disclose material adverse facts.
- Seller disclosure requirements and the Real Estate Condition Report (RECR).
- When buyers have the right to rescind based on disclosure requirements.
- Real property wholesaler disclosure requirements.
- Disclosure responsibilities in “as-is” transactions.
- Situations where Wisconsin law limits or prohibits certain disclosures.
Understanding Wisconsin disclosure requirements helps real estate licensees protect consumers, comply with state law, and reduce the risk of disputes during a real estate transaction.
Our Wisconsin-approved 18-hour Continuing Education package includes Elective Course #1 along with all 12 mandatory courses and all 6 required elective courses—everything you need to satisfy your CE requirements for the current biennium.
CLICK HERE to learn more about our Wisconsin CE courses!
Related Questions
Here are a few other questions Wisconsin real estate licensees often ask:
- What is a Real Estate Condition Report (RECR)?
- What is a material adverse fact in Wisconsin real estate?
- What happens if a seller refuses to complete an RECR?
- What disclosure duties do Wisconsin real estate licensees have?
- What is a real property wholesaler?
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