452.138 Firms providing services in more than one transaction. A firm may provide brokerage services simultaneously to more than one party in different transactions, unless the firm agrees with a client that the firm is to provide brokerage services only to that client. If the firm and a client agree that the firm is to provide brokerage services only to that client, the agency agreement shall contain a statement of that agreement.
History: 1993 a. 127; 2005 a. 87; 2015 a. 258.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 452 - Real estate practice.
452.03 - Brokers and salespersons licensed.
452.05 - Duties and powers of board.
452.06 - Councils and committees.
452.08 - Board receipt of proposed legislation.
452.09 - Application for license, contents.
452.10 - Applications, verification, fees, exceptions.
452.11 - Nonresident applicants and licensees.
452.132 - Responsibilities of firms and licensees.
452.133 - Duties of licensees; prohibitions.
452.134 - Agency relationships; multiple representation relationships.
452.135 - Disclosure of duties.
452.136 - Advertising by licensees.
452.137 - Cooperation with out-of-state brokers and salespersons.
452.138 - Firms providing services in more than one transaction.
452.139 - Changes in common law duties and liabilities of brokers and parties.
452.14 - Investigation and discipline of licensees.
452.142 - Actions concerning licensees.
452.19 - Fees and commissions.
452.20 - Limitation on actions for commissions.
452.21 - Compensation presumed.
452.22 - Certifications as evidence.
452.23 - Disclosures, investigations and inspections by brokers and salespersons.
452.24 - Disclosure duty; immunity for providing notice about the sex offender registry.
452.25 - Criminal convictions and disclosures.
452.30 - Association with firm; independent practice.
452.34 - Unlicensed personal assistants.
452.38 - Independent contractor relationship.