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Practice Of Real EstateLicense_lawMEDIUM

Thomas holds a Wisconsin salesperson license that has been on inactive status for the past three years. He now wants to reactivate his license and return to active real estate practice. Under Wisconsin law, which of the following is most likely required before his license can be reactivated?

Correct Answer

A) Thomas must complete the continuing education hours required for the periods during which his license was inactive.

Under Wisconsin law, a licensee seeking to reactivate an inactive license must generally complete the continuing education hours that would have been required during the period the license was inactive. This ensures that returning licensees are current on Wisconsin real estate law and practice before resuming active brokerage activities. The specific CE requirements for reactivation are governed by Wisconsin Administrative Code REEB provisions.

Answer Options
A
Thomas must complete the continuing education hours required for the periods during which his license was inactive.
B
Thomas must obtain written approval from his previous employing broker before REEB will reactivate his license.
C
Thomas must retake and pass the Wisconsin salesperson licensing examination.
D
Thomas must apply for a new license as if he were a first-time applicant, including all pre-license education.

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Related Topics & Key Terms

Key Terms:

inactive_licenselicense_reactivationcontinuing_educationchapter_452REEB

Related Concepts

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

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