License Law and Regulations Flashcards
6 cards from real Wisconsin Real Estate License practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 License Law and Regulations flashcards as text
How many continuing education (CE) hours must a Wisconsin real estate licensee complete each 2-year renewal period?
Answer: 18 hours
Wisconsin real estate licensees are required to complete 18 hours of DSPS-approved continuing education during each biennial renewal cycle.
Which of the following CE courses is mandatory for all Wisconsin real estate licensees each renewal period?
Answer: Wisconsin Real Estate Law (3-hour mandatory course)
Wisconsin requires all licensees to complete the 3-hour mandatory Wisconsin Real Estate Law course as part of their 18-hour CE requirement.
Does Wisconsin place a limit on how many CE hours can be completed through online courses?
Answer: No, all 18 hours may be completed online
Wisconsin does not restrict the number of CE hours completed online; all 18 required hours may be taken through DSPS-approved online providers.
What happens to a Wisconsin real estate license if the licensee fails to complete CE by the renewal deadline?
Answer: The license lapses and becomes inactive
Failing to complete the required CE by the renewal deadline causes the Wisconsin license to lapse, making the licensee unable to practice real estate.
Within how many years of lapsing may a Wisconsin real estate license be reinstated without retaking the licensing exam?
Answer: 5 years
Wisconsin allows a lapsed license to be reinstated within 5 years of the lapse date without requiring the licensee to retake the licensing examination.
Who approves continuing education providers and courses for Wisconsin real estate license renewal credit?
Answer: Wisconsin DSPS
The Wisconsin Department of Safety and Professional Services (DSPS) must approve all CE providers and course content before they qualify for license renewal credit.