Disclosure of duties
Wis. Stat. § 452.135
in effect(1)
(a) No firm, and no licensee associated with a firm, may negotiate on behalf of a party who is not the firm’s client unless the firm, or a licensee associated with the firm, provides to the party a copy of the following written disclosure statement:
(b) If a firm is providing brokerage services as a subagent to a principal firm, the subagent, or a licensee associated with the subagent, shall provide a copy of the written disclosure statement under par. (a) to any person who is not the principal firm’s client and who receives brokerage services from the subagent within the scope of the agreement between the subagent and the principal firm.
(2)
(a) Except as provided in par. (b), a firm shall provide to a client a copy of the following written disclosure statement not later than the time the firm enters into an agency agreement with the client:
(b) If a client enters into an agency agreement with a firm to receive brokerage services related to real estate primarily intended for use as a residential property containing one to 4 dwelling units, and the written disclosure statement under par. (a) is not incorporated into the agency agreement, the firm shall request the client’s signed acknowledgment that the client has received a copy of the written disclosure statement.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/452.135Fetched: 10/7/2026