Part 4 focuses on key aspects of real estate firm operations, advertising practices, and agency responsibilities in Wisconsin. Key topics include:
- Real Estate Firm Personnel and Responsibilities: Understanding the roles of various personnel within a real estate firm and the duties of a supervising broker. This section also covers record-keeping and the responsibilities of unlicensed assistants.
- Advertising by Licensees: Best practices for advertising in Wisconsin real estate, with an emphasis on truthfulness, accuracy, and the disclosure of the firm’s name. It also discusses the legal requirements for advertising real estate prices and agency relationships.
- Real Estate Agency in Wisconsin: A deep dive into the different types of agency relationships and the duties owed to clients, customers, and third parties. The course also explores confidentiality and the impact of multiple representation, including designated agency.
- Ethical Practices and Legal Compliance: The course highlights the importance of maintaining ethical standards, avoiding fraud and misrepresentation, and following legal requirements for transparency in real estate transactions.
This chapter is designed to equip real estate professionals with the knowledge to navigate complex ethical, legal, and operational duties within Wisconsin’s real estate market.
Chapter 25
Chapter 25 Overview: Real Estate Firm Personnel, Advertising, and Agency in Wisconsin
Lesson 1 of 347 within section Chapter 25.
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Unit 1 Introduction: Real Estate Firm Personnel and Responsibilities
Lesson 2 of 347 within section Chapter 25.
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“The Backbone of Real Estate: Responsibilities of Firms in Wisconsin”
Lesson 3 of 347 within section Chapter 25.
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“Keeping It in Check: The Supervision Responsibilities of Real Estate Firms in Wisconsin”
Lesson 4 of 347 within section Chapter 25.
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“The Boss Behind the Scenes: What a Supervising Broker Does in Wisconsin”
Lesson 5 of 347 within section Chapter 25.
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“Paper Trails: Why Documents and Records Matter in Wisconsin Real Estate”
Lesson 6 of 347 within section Chapter 25.
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“The Paperwork Boss: How Supervising Brokers Keep It All Together in Wisconsin”
Lesson 7 of 347 within section Chapter 25.
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“The Fine Line: Unlicensed Personal Assistants in Wisconsin Real Estate”
Lesson 8 of 347 within section Chapter 25.
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“Show Me the Money: Understanding Fees and Commissions in Wisconsin Real Estate”
Lesson 9 of 347 within section Chapter 25.
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“No License, No Pay: Why Unlicensed Compensation is a No-Go in Wisconsin Real Estate”
Lesson 10 of 347 within section Chapter 25.
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“Show Me the Money: Legal Action to Collect a Commission in Wisconsin”
Lesson 11 of 347 within section Chapter 25.
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Lesson 12 of 347 within section Chapter 25.
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Lesson 13 of 347 within section Chapter 25.
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Unit 2 Introduction: Advertising by Licensees
Lesson 14 of 347 within section Chapter 25.
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“Truth or Consequences: Avoiding False, Deceptive, and Misleading Ads in Wisconsin Real Estate”
Lesson 15 of 347 within section Chapter 25.
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“What’s in a Name? Why You Must Disclose Your Firm in Wisconsin Real Estate”
Lesson 16 of 347 within section Chapter 25.
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“The Fine Print: When You Don’t Have to Disclose Your Firm Name in Wisconsin Real Estate”
Lesson 17 of 347 within section Chapter 25.
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Lesson 18 of 347 within section Chapter 25.
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Lesson 19 of 347 within section Chapter 25.
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“No Agreement, No Ad: The Importance of Agency Agreements in Wisconsin Real Estate Advertising”
Lesson 20 of 347 within section Chapter 25.
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“Price Check: How to Advertise Real Estate Prices the Right Way in Wisconsin”
Lesson 21 of 347 within section Chapter 25.
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Lesson 22 of 347 within section Chapter 25.
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Lesson 23 of 347 within section Chapter 25.
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Unit 3 Introduction: Real Estate Agency in Wisconsin
Lesson 24 of 347 within section Chapter 25.
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“Who’s Who in Real Estate: Understanding the Key Players”
Lesson 25 of 347 within section Chapter 25.
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“Where the Rules Come From: Understanding the Sources of Agency Law in Real Estate”
Lesson 26 of 347 within section Chapter 25.
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“Fiduciary Duties: The Golden Rules of Trust in Real Estate”
Lesson 27 of 347 within section Chapter 25.
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“Not Just About the Client: Duties to Third Parties in Real Estate”
Lesson 28 of 347 within section Chapter 25.
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“The Law Behind the Deal: Real Estate Agency Under Wisconsin Law”
Lesson 29 of 347 within section Chapter 25.
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“Client, Customer, and Firm: Who’s Who in the Real Estate World?”
Lesson 30 of 347 within section Chapter 25.
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“The A, B, Cs of Real Estate: Agency Agreements, Brokerage Services, and Negotiating”
Lesson 31 of 347 within section Chapter 25.
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“Who’s In Charge? Understanding Principal Firms and Subagents in Real Estate”
Lesson 32 of 347 within section Chapter 25.
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“The Agents, The Roles, and The Relationships: Understanding Multiple Representation and Designated Agency”
Lesson 33 of 347 within section Chapter 25.
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“The Facts That Matter: Adverse and Material Adverse Facts in Real Estate”
Lesson 34 of 347 within section Chapter 25.
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Lesson 35 of 347 within section Chapter 25.
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Lesson 36 of 347 within section Chapter 25.
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“The Legal Code: Understanding Statutory Duties in Wisconsin Real Estate”
Lesson 37 of 347 within section Chapter 25.
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“The Golden Rules: Duties Owed to All Parties in Wisconsin Real Estate”
Lesson 38 of 347 within section Chapter 25.
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“The Secret’s Safe: Understanding Confidentiality in Real Estate”
Lesson 39 of 347 within section Chapter 25.
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“The Chain of Trust: Duties Owed to All Parties by Associated Licensees and Subagents”
Lesson 40 of 347 within section Chapter 25.
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“When You’re Not the Agent: Understanding Duties Without Agency or Subagency Relationships”
Lesson 41 of 347 within section Chapter 25.
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“The Client Comes First: Understanding Duties Owed to Clients in Wisconsin Real Estate”
Lesson 42 of 347 within section Chapter 25.
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“Teamwork in Real Estate: Duties Owed by Associated Licensees and Subagents”
Lesson 43 of 347 within section Chapter 25.
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Lesson 44 of 347 within section Chapter 25.
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“Red Flags in Real Estate: Understanding Prohibited Conduct in Wisconsin”
Lesson 45 of 347 within section Chapter 25.
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“The Fine Line: Understanding When There’s No Duty to Disclose in Wisconsin Real Estate”
Lesson 46 of 347 within section Chapter 25.
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“The Sex Offender Disclosure Dilemma: What You Need to Know”
Lesson 47 of 347 within section Chapter 25.
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“No Strings Attached: When Agency Relationships Aren’t Required in Wisconsin Real Estate”
Lesson 48 of 347 within section Chapter 25.
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“Double Trouble: Understanding Multiple Representation Relationships in Wisconsin Real Estate”
Lesson 49 of 347 within section Chapter 25.
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“Double Duty: How Multiple Representation with Designated Agency Works in Wisconsin”
Lesson 50 of 347 within section Chapter 25.
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“Juggling Act: Understanding Multiple Representation Without Designated Agency in Wisconsin”
Lesson 51 of 347 within section Chapter 25.
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“The Fine Print: Understanding the Disclosure of Duties in Wisconsin Real Estate”
Lesson 52 of 347 within section Chapter 25.
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“The Fine Print: What Agents Must Disclose to Customers in Wisconsin”
Lesson 53 of 347 within section Chapter 25.
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“The Ripple Effect: What Subagents Must Disclose to Customers in Wisconsin”
Lesson 54 of 347 within section Chapter 25.
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“Client Confidentiality: What Agents Must Disclose to Their Clients in Wisconsin”
Lesson 55 of 347 within section Chapter 25.
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“The Signature Says It All: Understanding Signed Acknowledgment in Wisconsin Real Estate”
Lesson 56 of 347 within section Chapter 25.
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Lesson 57 of 347 within section Chapter 25.
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Lesson 58 of 347 within section Chapter 25.
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Lesson 59 of 347 within section Chapter 25.
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Chapter Overview: Agency Agreements and Offer to Purchase Agreements
Lesson 60 of 347 within section Chapter 25.
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Unit 1 Introduction: Agency Agreements
Lesson 61 of 347 within section Chapter 25.
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“The Right Paperwork: Understanding Approved Forms in Wisconsin Real Estate”
Lesson 62 of 347 within section Chapter 25.
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“The Fine Print: Guidelines for Using Approved Forms in Wisconsin Real Estate”
Lesson 63 of 347 within section Chapter 25.
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“Forms, Forms, and More Forms: When to Use the Right One in Wisconsin Real Estate”
Lesson 64 of 347 within section Chapter 25.
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“Forms That Work: How to Use Approved Forms in Wisconsin Real Estate”
Lesson 65 of 347 within section Chapter 25.
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“Addendum to the Deal: How Pre-Prepared Addendums Save the Day”
Lesson 66 of 347 within section Chapter 25.
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“The Art of the Edit: Understanding Forms That May Be Altered in Wisconsin Real Estate”
Lesson 67 of 347 within section Chapter 25.
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“Not Your Job: Why Legal Advice Isn’t Part of the Realtor’s Job Description”
Lesson 68 of 347 within section Chapter 25.
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“Who’s on Your Team? Understanding the Different Types of Agency Agreements in Real Estate”
Lesson 69 of 347 within section Chapter 25.
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“The Contract That Binds: Real Estate Agency Contracts in Wisconsin”
Lesson 70 of 347 within section Chapter 25.
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“Signed, Sealed, Delivered: The Power of Listing Agreements in Real Estate”
Lesson 71 of 347 within section Chapter 25.
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“Open Season: Understanding Open Listings in Wisconsin Real Estate”
Lesson 72 of 347 within section Chapter 25.
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“The Solo Agent: Understanding the Exclusive Agency Listing”
Lesson 73 of 347 within section Chapter 25.
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“The Golden Ticket: What an Exclusive Right to Sell Listing Really Means”
Lesson 74 of 347 within section Chapter 25.
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Lesson 75 of 347 within section Chapter 25.
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Lesson 76 of 347 within section Chapter 25.
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“The VIP Buyer: Understanding One-Party Listings in Real Estate”
Lesson 77 of 347 within section Chapter 25.
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“The High Stakes of Net Listings: When the Seller Sets the Price”
Lesson 78 of 347 within section Chapter 25.
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“WB-1 Residential Listing Contract: Navigating Your Way to Successful Sales”
Lesson 79 of 347 within section Chapter 25.
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Walking Through Lines 1-10 of the WB-1 Residential Listing Contract:
Lesson 80 of 347 within section Chapter 25.
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Walking Through Lines 11-16 of the WB-1 Residential Listing Contract
Lesson 81 of 347 within section Chapter 25.
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Lesson 82 of 347 within section Chapter 25.
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Walkthrough of Lines 17-56 of the WB-1 Residential Listing Contract
Lesson 83 of 347 within section Chapter 25.
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Lesson 84 of 347 within section Chapter 25.
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Walkthrough: Lines 77–124 of the WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 85 of 347 within section Chapter 25.
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Walkthrough of Lines 135-160: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 86 of 347 within section Chapter 25.
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Walkthrough of Lines 161–176: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 87 of 347 within section Chapter 25.
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Walkthrough of Lines 177-242: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 88 of 347 within section Chapter 25.
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Walkthrough of Lines 251–272: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 89 of 347 within section Chapter 25.
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Walkthrough of Lines 273–335: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 90 of 347 within section Chapter 25.
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Walkthrough of Lines 336–369: WB-1 Residential Exclusive Right to Sell Listing Contract
Lesson 91 of 347 within section Chapter 25.
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WB-4 Residential Condominium Listing Contract
Lesson 92 of 347 within section Chapter 25.
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Lesson 93 of 347 within section Chapter 25.
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Lesson 94 of 347 within section Chapter 25.
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“The Power of the Buyer’s Agent: A Friend in Your Real Estate Journey”
Lesson 95 of 347 within section Chapter 25.
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“Who’s Got Your Back? Understanding the Types of Buyer Agency Agreements”
Lesson 96 of 347 within section Chapter 25.
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“Navigating Your Real Estate Journey: The WB-36 Buyer Agency/Tenant Representation Agreement”
Lesson 97 of 347 within section Chapter 25.
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Lesson 98 of 347 within section Chapter 25.
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Lesson 99 of 347 within section Chapter 25.
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Unit 2: Introduction to Offer to Purchase Agreements
Lesson 100 of 347 within section Chapter 25.
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Overview of the WB-11 Residential Offer to Purchase
Lesson 101 of 347 within section Chapter 25.
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Lesson 102 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 11-39
Lesson 103 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 39-54
Lesson 104 of 347 within section Chapter 25.
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Lesson 105 of 347 within section Chapter 25.
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Lesson 106 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 55-66
Lesson 107 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 67–87
Lesson 108 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 88–104
Lesson 109 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 105–192
Lesson 110 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 193–246
Lesson 111 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 247–307
Lesson 112 of 347 within section Chapter 25.
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Lesson 113 of 347 within section Chapter 25.
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Lesson 114 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 308–334
Lesson 115 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines 335–354
Lesson 116 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 355–381
Lesson 117 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 382–450
Lesson 118 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 451–467
Lesson 119 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 468–486
Lesson 120 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 487–506
Lesson 121 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 507–542
Lesson 122 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 543–592
Lesson 123 of 347 within section Chapter 25.
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WB-11 Residential Offer to Purchase Lines Lines 593–621
Lesson 124 of 347 within section Chapter 25.
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“Beyond the WB-11: Other Offer to Purchase Forms You Need to Know”
Lesson 125 of 347 within section Chapter 25.
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“Plotting the Deal: Understanding the WB-13 Vacant Land Offer to Purchase”
Lesson 126 of 347 within section Chapter 25.
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“Condo Deals Made Easy: Understanding the WB-14 Residential Condominium Offer to Purchase”
Lesson 127 of 347 within section Chapter 25.
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Lesson 128 of 347 within section Chapter 25.
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Lesson 129 of 347 within section Chapter 25.
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Lesson 130 of 347 within section Chapter 25.
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Lesson 131 of 347 within section Chapter 25.
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Chapter 27 Overview: Addenda, Amendments, Notices, Offer Negotiation Forms, Disclosures, Miscellaneous Forms, and Arbitration
Lesson 132 of 347 within section Chapter 25.
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Unit 1 Introduction: Addenda, Amendments, Notices, and Offer Negotiation Forms
Lesson 133 of 347 within section Chapter 25.
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“Addenda: The Secret Sauce to Modifying Your Real Estate Deal”
Lesson 134 of 347 within section Chapter 25.
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“Amendments: Tweaking the Deal Without Starting Over”
Lesson 135 of 347 within section Chapter 25.
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“WB-40: The Contract Tweaker—Making Real Estate Offers Work for You”
Lesson 136 of 347 within section Chapter 25.
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“WB-42: Tweaking the Listing – Adjusting the Terms with an Amendment”
Lesson 137 of 347 within section Chapter 25.
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“WB-47: The Fine-Tuning Tool for Buyer and Tenant Representation Agreements”
Lesson 138 of 347 within section Chapter 25.
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Lesson 139 of 347 within section Chapter 25.
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“WB-41: The Official Green Light – Understanding the Notice Relating to Offer to Purchase”
Lesson 140 of 347 within section Chapter 25.
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“WB-41: The Green Light – Officially Responding to an Offer”
Lesson 141 of 347 within section Chapter 25.
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“Negotiating Offers: Mastering the Art of the Deal”
Lesson 142 of 347 within section Chapter 25.
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“WB-44: Counter-Offer – Mastering the Art of Negotiation”
Lesson 143 of 347 within section Chapter 25.
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“Counteroffers: The Art of Saying ‘Not Quite, But Close!'”
Lesson 144 of 347 within section Chapter 25.
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Lesson 145 of 347 within section Chapter 25.
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Lesson 146 of 347 within section Chapter 25.
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“Negotiating Multiple Counterproposals: Juggling Offers and Finding Common Ground”
Lesson 147 of 347 within section Chapter 25.
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“WB-46: Multiple Counter-Proposals – Negotiating with More Options”
Lesson 148 of 347 within section Chapter 25.
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Lesson 149 of 347 within section Chapter 25.
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Lesson 150 of 347 within section Chapter 25.
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Unit 2 Introduction: Disclosures, Miscellaneous Forms, and Arbitration
Lesson 151 of 347 within section Chapter 25.
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“Disclosure to Customers & All Parties: Keeping Everyone in the Know”
Lesson 152 of 347 within section Chapter 25.
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“Additional Disclosure to Clients: Full Transparency or Bust!”
Lesson 153 of 347 within section Chapter 25.
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“Multiple Representation and Designated Agency Disclosure: Who’s on Team ‘You’?”
Lesson 154 of 347 within section Chapter 25.
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“Subagency: The Unsung Hero of Real Estate Deals!”
Lesson 155 of 347 within section Chapter 25.
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Lesson 156 of 347 within section Chapter 25.
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Lesson 157 of 347 within section Chapter 25.
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“Real Estate Condition Report: The Inside Scoop on Your Future Home!”
Lesson 158 of 347 within section Chapter 25.
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“Other Buyer/Seller Disclosures: The Secrets No One Wants to Hide!”
Lesson 159 of 347 within section Chapter 25.
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Lesson 160 of 347 within section Chapter 25.
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“Condominium Disclosures: Know What You’re Getting Into!”
Lesson 161 of 347 within section Chapter 25.
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“WB-45 Cancellation Agreement and Mutual Release: Breaking Up Without the Drama!”
Lesson 162 of 347 within section Chapter 25.
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“WB-24 Option to Purchase: Locking Down Your Dream Home—With an Exit Strategy!”
Lesson 163 of 347 within section Chapter 25.
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“WB-25 Bill of Sale: When Personal Property Finds a New Home!”
Lesson 164 of 347 within section Chapter 25.
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“WB-35 Simultaneous Exchange Agreement: Swapping Homes, No Strings Attached!”
Lesson 165 of 347 within section Chapter 25.
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“Arbitrating Contract Disputes: Let’s Settle It Like Pros!”
Lesson 166 of 347 within section Chapter 25.
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Lesson 167 of 347 within section Chapter 25.
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Lesson 168 of 347 within section Chapter 25.
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Lesson 169 of 347 within section Chapter 25.
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Lesson 170 of 347 within section Chapter 25.
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Chapter Overview: Ethical Practices, Business Conduct, and Legal Compliance in Real Estate
Lesson 171 of 347 within section Chapter 25.
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Unit 1 Introduction: Ethical Practices, Business Conduct, and Advertising
Lesson 172 of 347 within section Chapter 25.
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“Ethical Practices in Real Estate: The Trust You Build Is the Deal You Close!”
Lesson 173 of 347 within section Chapter 25.
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“Competent Practice in Real Estate: Know Your Stuff, Be the Best!”
Lesson 174 of 347 within section Chapter 25.
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“Fair Play in Real Estate: No Room for Discrimination!”
Lesson 175 of 347 within section Chapter 25.
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“Competent Practice: Knowledge Is Power!”
Lesson 176 of 347 within section Chapter 25.
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“Fraud, Misrepresentation, and Unethical Practices: The Risks of Cutting Corners in Real Estate!”
Lesson 177 of 347 within section Chapter 25.
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Lesson 178 of 347 within section Chapter 25.
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Lesson 179 of 347 within section Chapter 25.
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“Industry Knowledge: The Key to Unlocking Real Estate Success!”
Lesson 180 of 347 within section Chapter 25.
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“Tie-In Arrangements: The Legal Web You Don’t Want to Get Stuck In!”
Lesson 181 of 347 within section Chapter 25.
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“Written Agreements and the Line Between Real Estate and Law: Know When to Refer!”
Lesson 182 of 347 within section Chapter 25.
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“Misleading Market Values: How Not to Mislead Your Clients and Yourself!”
Lesson 183 of 347 within section Chapter 25.
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“Net Listings: The Fine Line Between Smart Selling and Risky Business”
Lesson 184 of 347 within section Chapter 25.
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“Ethics in Advertising: Keeping It Real in Real Estate!”
Lesson 185 of 347 within section Chapter 25.
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Lesson 186 of 347 within section Chapter 25.
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Lesson 187 of 347 within section Chapter 25.
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Unit 2 Introduction: Written Proposals, Required Disclosures, and Disciplinary Actions
Lesson 188 of 347 within section Chapter 25.
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“Keep It Under Wraps: Confidentiality of Offers in Real Estate”
Lesson 189 of 347 within section Chapter 25.
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“First Dibs: Understanding the Right of First Refusal in Real Estate”
Lesson 190 of 347 within section Chapter 25.
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“Putting It in Writing: The Art of Drafting and Submitting Proposals in Real Estate”
Lesson 191 of 347 within section Chapter 25.
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Lesson 192 of 347 within section Chapter 25.
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Lesson 193 of 347 within section Chapter 25.
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“Show Me the Money: Understanding Disclosure of Compensation and Interests in Real Estate”
Lesson 194 of 347 within section Chapter 25.
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“Show Me the Paycheck: Understanding Compensation Disclosures in Real Estate”
Lesson 195 of 347 within section Chapter 25.
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“Got a Stake in This? Understanding Disclosure of Interest in Real Estate”
Lesson 196 of 347 within section Chapter 25.
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“The Fine Print: Disclosure to Sellers and of Licensure in Real Estate”
Lesson 197 of 347 within section Chapter 25.
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“Play by the Rules: What Happens When Real Estate Agents Break Them”
Lesson 198 of 347 within section Chapter 25.
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“No Free Passes: Disciplinary Actions for Violating Rules in Wisconsin Real Estate”
Lesson 199 of 347 within section Chapter 25.
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“Breaking the Rules? Here’s What Happens: Disciplinary Actions in Real Estate”
Lesson 200 of 347 within section Chapter 25.
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Lesson 201 of 347 within section Chapter 25.
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Lesson 202 of 347 within section Chapter 25.
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Lesson 203 of 347 within section Chapter 25.
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Lesson 204 of 347 within section Chapter 25.
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Chapter 29 Overview: Real Estate Inspections, Disclosures, and Liabilities
Lesson 205 of 347 within section Chapter 25.
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Unit 1 Introduction: Inspection in Real Estate
Lesson 206 of 347 within section Chapter 25.
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“Inspect Before You Invest: Understanding Property Inspections in Real Estate”
Lesson 207 of 347 within section Chapter 25.
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“Digging Deeper: Understanding Investigations and Inspections in Real Estate”
Lesson 208 of 347 within section Chapter 25.
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“The Inspector’s Eye: Breaking Down Investigations and Inspections in Real Estate”
Lesson 209 of 347 within section Chapter 25.
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Lesson 210 of 347 within section Chapter 25.
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Lesson 211 of 347 within section Chapter 25.
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“The Power of the Questions: Inquiry by Listing Firm in Real Estate”
Lesson 212 of 347 within section Chapter 25.
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“Trust, But Verify: Reliance Upon Third Parties in Real Estate”
Lesson 213 of 347 within section Chapter 25.
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Lesson 214 of 347 within section Chapter 25.
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Lesson 215 of 347 within section Chapter 25.
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Unit 2 Introduction: Disclosure Requirements in Real Estate
Lesson 216 of 347 within section Chapter 25.
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“The Truth Is in the Details: Disclosure of Material Adverse Facts in Real Estate”
Lesson 217 of 347 within section Chapter 25.
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“The Deal Breakers: Understanding Material Adverse Facts in Real Estate”
Lesson 218 of 347 within section Chapter 25.
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“What Happens in the Deal, Stays in the Deal: The Duty of Confidentiality in Real Estate”
Lesson 219 of 347 within section Chapter 25.
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“No Secrets Allowed: Understanding Adverse Material Facts and Side Agreements in Real Estate”
Lesson 220 of 347 within section Chapter 25.
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“The Seller’s Truth: Understanding Disclosure Duties in Real Estate”
Lesson 221 of 347 within section Chapter 25.
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“Know the Lingo: Understanding Key Definitions in Real Estate”
Lesson 222 of 347 within section Chapter 25.
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“The Path to Ownership: Understanding Requirements for Property Transfer”
Lesson 223 of 347 within section Chapter 25.
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“Breaking the Rules (Legally!): Exceptions to Property Transfer Requirements”
Lesson 224 of 347 within section Chapter 25.
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“The Truth Comes Out: What You Need to Know About Disclosure in Real Estate”
Lesson 225 of 347 within section Chapter 25.
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Lesson 226 of 347 within section Chapter 25.
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“Don’t Replace the Facts: Understanding Information Substitution in Real Estate”
Lesson 227 of 347 within section Chapter 25.
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“Timing Is Everything: Understanding Report Timing in Real Estate”
Lesson 228 of 347 within section Chapter 25.
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“Condos, Common Areas, and the Fine Print: Understanding Reports for Condominium Units”
Lesson 229 of 347 within section Chapter 25.
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Lesson 230 of 347 within section Chapter 25.
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Lesson 231 of 347 within section Chapter 25.
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“More Than Meets the Eye: Additional Disclosure Provisions in Real Estate”
Lesson 232 of 347 within section Chapter 25.
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Lesson 233 of 347 within section Chapter 25.
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Lesson 234 of 347 within section Chapter 25.
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Unit 3 Introduction: Residential Real Estate Condition Report
Lesson 235 of 347 within section Chapter 25.
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“The Full Picture: Understanding the Residential Real Estate Condition Report”
Lesson 236 of 347 within section Chapter 25.
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“Don’t Just Take Their Word for It: Advice vs. Inspections in Real Estate”
Lesson 237 of 347 within section Chapter 25.
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“The Inside Scoop: Owner’s Information in the Residential Real Estate Condition Report”
Lesson 238 of 347 within section Chapter 25.
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“Spot the Flaws: Understanding Defects in the Residential Real Estate Condition Report”
Lesson 239 of 347 within section Chapter 25.
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“The Backbone and Heart: Understanding Structural and Mechanical Defects in Real Estate”
Lesson 240 of 347 within section Chapter 25.
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“What Lies Beneath: Understanding Environmental Issues in the Residential Real Estate Condition Report”
Lesson 241 of 347 within section Chapter 25.
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“The Hidden Essentials: Understanding Wells, Septic Systems, and Storage Tanks in Real Estate”
Lesson 242 of 347 within section Chapter 25.
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“The Price of Ownership: Understanding Taxes, Special Assessments, and Permits in Real Estate”
Lesson 243 of 347 within section Chapter 25.
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“Land Use 101: What You Need to Know About Zoning and Restrictions in Real Estate”
Lesson 244 of 347 within section Chapter 25.
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“The Rules of the Land: Understanding Land Use in the Residential Real Estate Condition Report”
Lesson 245 of 347 within section Chapter 25.
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Lesson 246 of 347 within section Chapter 25.
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Lesson 247 of 347 within section Chapter 25.
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“Certified or Not: Understanding Certifications in the Residential Real Estate Condition Report”
Lesson 248 of 347 within section Chapter 25.
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“Sign on the Dotted Line: Understanding Buyer Acknowledgement in the Residential Real Estate Condition Report”
Lesson 249 of 347 within section Chapter 25.
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Lesson 250 of 347 within section Chapter 25.
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Lesson 251 of 347 within section Chapter 25.
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Unit 4 Introduction: Vacant Land Disclosure Report
Lesson 252 of 347 within section Chapter 25.
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“Read the Fine Print: Understanding the Disclaimer in the Vacant Land Disclosure Report”
Lesson 253 of 347 within section Chapter 25.
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“The Inside Scoop: Owner’s Information in the Vacant Land Disclosure Report”
Lesson 254 of 347 within section Chapter 25.
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“Watch Out for the Red Flags: Understanding Defects in the Vacant Land Disclosure Report”
Lesson 255 of 347 within section Chapter 25.
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“Is the Land Safe to Build On? Understanding Environmental Issues in the Vacant Land Disclosure Report”
Lesson 256 of 347 within section Chapter 25.
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“Hidden Assets or Headaches? Understanding Wells, Septic Systems, and Storage Tanks in the Vacant Land Disclosure Report”
Lesson 257 of 347 within section Chapter 25.
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Lesson 258 of 347 within section Chapter 25.
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“Show Me the Money: Taxes, Special Assessments, and Permits in the Vacant Land Disclosure Report”
Lesson 259 of 347 within section Chapter 25.
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“What Can You Do with That Land? Understanding Land Use in the Vacant Land Disclosure Report”
Lesson 260 of 347 within section Chapter 25.
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“The Extra Scoop: Understanding Additional Information in the Vacant Land Disclosure Report”
Lesson 261 of 347 within section Chapter 25.
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“Certified or Not: Understanding Certifications in the Vacant Land Disclosure Report”
Lesson 262 of 347 within section Chapter 25.
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“Sign Here, Read There: Understanding Buyer’s Acknowledgement in the Vacant Land Disclosure Report”
Lesson 263 of 347 within section Chapter 25.
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“The Fine Print: Additional Provisions of Chapter 709 You Need to Know”
Lesson 264 of 347 within section Chapter 25.
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“Changing the Game: Understanding Amendments to the Vacant Land Disclosure Report”
Lesson 265 of 347 within section Chapter 25.
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“Crossing the T’s: Understanding Indication of Compliance in the Vacant Land Disclosure Report”
Lesson 266 of 347 within section Chapter 25.
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“The Power to Walk Away: Understanding the Right to Rescind in the Vacant Land Disclosure Report”
Lesson 267 of 347 within section Chapter 25.
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“Know When You Can’t Walk Away: Understanding Exceptions to the Right to Rescind”
Lesson 268 of 347 within section Chapter 25.
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“Don’t Miss the Deadline: Understanding Rescission Timing in Real Estate”
Lesson 269 of 347 within section Chapter 25.
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“Playing Fair: What ‘Good Faith’ Means in Real Estate Transactions”
Lesson 270 of 347 within section Chapter 25.
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“No Finger Pointing: Understanding Liability Precluded in Real Estate Deals”
Lesson 271 of 347 within section Chapter 25.
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“No Going Back: Understanding Waiver in Real Estate Transactions”
Lesson 272 of 347 within section Chapter 25.
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Lesson 273 of 347 within section Chapter 25.
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Lesson 274 of 347 within section Chapter 25.
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Unit 5 Introduction: Civil Liability for Misrepresentation
Lesson 275 of 347 within section Chapter 25.
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“Lies in Real Estate: The Consequences of Misrepresentation Under Wisconsin Law”
Lesson 276 of 347 within section Chapter 25.
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“The Law in Action: How Wisconsin DATCP Enforces Real Estate Rules”
Lesson 277 of 347 within section Chapter 25.
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“The Cost of a False Statement: Civil Liability for Misrepresentation in Real Estate”
Lesson 278 of 347 within section Chapter 25.
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Lesson 279 of 347 within section Chapter 25.
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Lesson 280 of 347 within section Chapter 25.
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“The Price of Deception: Civil Liability for Misrepresentation in Real Estate (Wis. Stats. 110.18(11)(d))”
Lesson 281 of 347 within section Chapter 25.
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“The Cost of Falsehoods: Civil Liability for Misrepresentation Under Wisconsin Law (Wis. Stats. 110.18(11)(e))”
Lesson 282 of 347 within section Chapter 25.
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“Don’t Judge a Book by Its Cover… Or Its Facts!”
Lesson 283 of 347 within section Chapter 25.
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“The Case of the Missing Disclosure: Shister v. Patel”
Lesson 284 of 347 within section Chapter 25.
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“The Case of the No-Show Repairs: Grube v. Daun”
Lesson 285 of 347 within section Chapter 25.
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Lesson 286 of 347 within section Chapter 25.
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Lesson 287 of 347 within section Chapter 25.
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Lesson 288 of 347 within section Chapter 25.
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Lesson 289 of 347 within section Chapter 25.
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Chapter Overview: Understanding Trust Accounts and Escrow Agreements
Lesson 290 of 347 within section Chapter 25.
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Unit 1.”The Trust Is Real: Understanding Trust Accounts”
Lesson 291 of 347 within section Chapter 25.
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“Trust Me, It’s Not Yours: Understanding Trust Money”
Lesson 292 of 347 within section Chapter 25.
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“Keep It Separate: The Secret Life of a Trust Account”
Lesson 293 of 347 within section Chapter 25.
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“Trust the Process: Wisconsin’s Laws on Trust Accounts”
Lesson 294 of 347 within section Chapter 25.
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“Trust Me, It’s All in the Rules: Navigating the Wisconsin Trust Account Code”
Lesson 295 of 347 within section Chapter 25.
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Lesson 296 of 347 within section Chapter 25.
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Lesson 297 of 347 within section Chapter 25.
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“Real Estate Trust Funds: Money in the Bank (But Not Yours)”
Lesson 298 of 347 within section Chapter 25.
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“Where the Money Goes: Wisconsin’s Real Estate Trust Accounts”
Lesson 299 of 347 within section Chapter 25.
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“DSPS: The Guardians of Trust Accounts!”
Lesson 300 of 347 within section Chapter 25.
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“When to Use a Trust Account: It’s Not Optional!”
Lesson 301 of 347 within section Chapter 25.
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“Trust Me, It’s a Serious Job: Practical Application of Trust Accounts”
Lesson 302 of 347 within section Chapter 25.
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“The Name’s Account: Trusting the Rules Behind Trust Accounts”
Lesson 303 of 347 within section Chapter 25.
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“Making Interest Work: The Rules Behind Interest-Bearing Trust Accounts”
Lesson 304 of 347 within section Chapter 25.
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Lesson 305 of 347 within section Chapter 25.
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Lesson 306 of 347 within section Chapter 25.
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“Making Interest Work for Everyone: Understanding Interest-Bearing Common Trust Accounts”
Lesson 307 of 347 within section Chapter 25.
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“Who’s Watching the Money? Understanding the DSPS and Department of Administration Roles”
Lesson 308 of 347 within section Chapter 25.
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“Keeping the DSPS in the Loop: Why and When You Must Notify”
Lesson 309 of 347 within section Chapter 25.
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“Trust, But Verify: The Power to Examine Trust Accounts”
Lesson 310 of 347 within section Chapter 25.
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“The Paperwork That Protects: The Form for Notification and Authorization”
Lesson 311 of 347 within section Chapter 25.
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“Who Gets the Interest? Understanding How Depository Institutions Handle Trust Account Earnings”
Lesson 312 of 347 within section Chapter 25.
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“The Cost of Banking: Understanding Service Charges and Fees for Trust Accounts”
Lesson 313 of 347 within section Chapter 25.
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Lesson 314 of 347 within section Chapter 25.
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Lesson 315 of 347 within section Chapter 25.
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“Unit 2 Trust and Escrow: The Real Deal with Handling Money”
Lesson 316 of 347 within section Chapter 25.
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“The Duty to Do Right: Licensee Responsibilities in Real Estate”
Lesson 317 of 347 within section Chapter 25.
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“Got Receipt? The Importance of Documenting Earnest Money”
Lesson 318 of 347 within section Chapter 25.
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Lesson 319 of 347 within section Chapter 25.
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Lesson 320 of 347 within section Chapter 25.
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“Tick-Tock: Why Timing Is Everything for Earnest Money Deposits”
Lesson 321 of 347 within section Chapter 25.
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“Security Deposits: The Money That Keeps Everyone Safe”
Lesson 322 of 347 within section Chapter 25.
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“The Rental Owner’s Account: Keeping Things Organized and Fair”
Lesson 323 of 347 within section Chapter 25.
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“Deposit Provisions: The Rules for Handling Money Right”
Lesson 324 of 347 within section Chapter 25.
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“Who’s Got the Pen? Understanding Who Can Sign Trust Account Checks”
Lesson 325 of 347 within section Chapter 25.
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Lesson 326 of 347 within section Chapter 25.
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Lesson 327 of 347 within section Chapter 25.
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“Who Gets the Money? Understanding Disbursement of Trust Funds”
Lesson 328 of 347 within section Chapter 25.
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“Show Me the Money: The Rules for Properly Disbursing Trust Funds”
Lesson 329 of 347 within section Chapter 25.
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“Money Moves: The Importance of Notifying Disbursements”
Lesson 330 of 347 within section Chapter 25.
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“Commission Withdrawals: Know the Rules Before You Cash Out!”
Lesson 331 of 347 within section Chapter 25.
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“Mixing Money? Big No-No: The Rules on Comingling Funds”
Lesson 332 of 347 within section Chapter 25.
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“Keeping the Books Straight: The Power of a Good Bookkeeping System”
Lesson 333 of 347 within section Chapter 25.
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“Breaking the Rules: What Happens When Trust Funds Go Wrong”
Lesson 334 of 347 within section Chapter 25.
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“Escrow Agreements: The Safety Net for Big Deals”
Lesson 335 of 347 within section Chapter 25.
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“Pre-Closing Earnest Money: How to Secure the Deal Before It’s Done”
Lesson 336 of 347 within section Chapter 25.
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Lesson 337 of 347 within section Chapter 25.
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Lesson 338 of 347 within section Chapter 25.
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“Hands Off: What You Can’t Deposit in Trust Accounts”
Lesson 339 of 347 within section Chapter 25.
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“The Interest Game: Who Gets to Keep the Profit?”
Lesson 340 of 347 within section Chapter 25.
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“Escrow Agreements: Writing the Rules for Safe Deals”
Lesson 341 of 347 within section Chapter 25.
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“Post-Closing Escrows: Keeping the Deal Secure After the Papers Are Signed”
Lesson 342 of 347 within section Chapter 25.
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Lesson 343 of 347 within section Chapter 25.
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Lesson 344 of 347 within section Chapter 25.
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Lesson 345 of 347 within section Chapter 25.
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Lesson 346 of 347 within section Chapter 25.
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You’re all done!…… Now onto the final boss
Lesson 347 of 347 within section Chapter 25.
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