Wisconsin Mandatory Course #2 focuses on one of the most important responsibilities of a real estate licensee—properly completing approved real estate forms while staying within the law. The course explains when licensees may draft contracts, what the “limited practice of law” means, and how to avoid crossing the line into the unauthorized practice of law.
Topics covered in this course include:
- The limited authority Wisconsin real estate licensees have to complete approved forms.
- When an agency agreement is required before assisting a buyer or seller.
- The difference between explaining a form and giving legal advice.
- How dates, deadlines, “Time is of the Essence,” and “Actual Receipt” affect a transaction.
- The proper use of approved forms and addenda.
- When an attorney must prepare documents or provide legal advice.
- Common mistakes that can lead to the unauthorized practice of law.
Understanding these rules helps protect consumers while ensuring Wisconsin real estate transactions are completed using the correct forms and procedures.
Our Wisconsin-approved 18-hour Continuing Education package includes Mandatory Course #2 along with all 11 remaining 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 the unauthorized practice of law in Wisconsin real estate?
- What does “Time is of the Essence” mean in an Offer to Purchase?
- What is an addendum in a Wisconsin real estate contract?
- Why are Wisconsin-approved real estate forms required?
- Why are some Wisconsin CEs mandatory and others elective courses?
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