Section 24.08. Agreements to be in writing.  


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  • A licensee shall put in writing all listing contracts, guaranteed sales agreements, buyer agency agreements, offers to purchase, property management agreements, option contracts, financial obligations and any other commitments regarding transactions, expressing the exact agreement of the parties unless the writing is completed by the parties or their attorneys or the writing is outside the scope of the licensee's authority under ch. REEB 16 .
History: Cr. Register, February, 1980, No. 290 , eff. 3-1-80; renum. from REB 15.08, Register, February, 1983, No. 326 , eff. 3-1-83; am. Register, January, 1987, No. 373 , eff. 2-1-87; am. Register, June, 1988, No. 390 , eff. 7-1-88; am. 24.08, Register, July, 1993, No. 451 , eff. 8-1-93; correction made under s. 13.92 (4) (b) 7. , Stats., Register November 2011 No. 671 .