Inspections and testing are an important part of Wisconsin real estate transactions. This required Wisconsin continuing education course reviews inspection contingencies, inspection reports, notices and amendments, and how these provisions affect the Wisconsin Offer to Purchase. It also includes National Association of REALTORS® (NAR) Code of Ethics training for REALTOR® members.
- Inspection contingencies in the Wisconsin Offer to Purchase.
- Home inspection reports and Wisconsin law.
- Notices and amendments used during inspection negotiations.
- NAR Code of Ethics Article 2.
In this course, you’ll learn about:
- The difference between inspections and testing.
- Inspection contingencies and how they are used in the WB-11 Offer to Purchase.
- Home inspection reports and the standards that apply to Wisconsin home inspectors.
- When to use a WB-41 Notice Relating to Offer to Purchase and a WB-40 Amendment to Offer to Purchase.
- How the NAR Code of Ethics applies to inspections, testing, and disclosure.
Understanding inspection contingencies and the proper use of notices and amendments helps Wisconsin real estate licensees draft offers correctly, meet important deadlines, and guide buyers and sellers through inspection issues with confidence.
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Related Questions
Here are a few questions addressed in this Wisconsin real estate CE course:
- What is an inspection contingency in Wisconsin?
- What is the difference between a WB-40 Amendment and a WB-41 Notice?
- What is considered a defect in a Wisconsin Offer to Purchase?
- What is the difference between an inspection and testing in a Wisconsin real estate transaction?
- What standards apply to Wisconsin home inspectors?
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