Section 11.02. Definitions.

Latest version.

In chs. REEB 11 to 25 :

(1) "Board" means the real estate examining board.

(2) "Business entity" has the meaning under s. 452.01 (3j) , Stats.

(3) "Business representative" has the meaning under s. 452.01 (3k) , Stats.

(4) "Closing statement" means a detailed computation of the balance of the purchase price due to the seller and the balance of the purchase price due from the buyer at the time of closing.

(5) "Department" means the department of safety and professional services.

(6) "Licensee" has the meaning under s. 452.01 (5) , Stats.

History: Cr. Register, April, 1972, No. 196 , eff. 5-1-72; renum. from REB 1.04 and am. Register, February, 1982, No. 326 , eff. 3-1-83; am. (intro.), renum. (2) to be (5), cr. (2), (3), (4) and (6), Register, July, 1998, No. 511 , eff. 8-1-98; correction in (intro.), (1), (5) made under s. 13.92 (4) (b) 6. , 7. , Stats., Register November 2011 No. 671 ; CR 13-100 : am. (intro.) Register September 2014 No. 705 , eff. 10-1-14.

                    
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