Wisconsin Real Estate Law Practice Exam Questions
And Correct Answers (Verified Answers) Plus
Rationales 2026/2027 Q&A Instant Download Pdf
1. Which Wisconsin agency regulates real estate licensees?
A. Wisconsin Department of Revenue
B. Wisconsin Department of Safety and Professional Services (DSPS)
C. Wisconsin Department of Commerce
D. Wisconsin Realtors Association
Correct Answer: B
Rationale: The Wisconsin Department of Safety and Professional Services (DSPS),
through the Real Estate Examining Board, is responsible for licensing and regulating real
estate brokers and salespersons .
2. The Wisconsin Real Estate Practice Law is found in which chapter of the
Wisconsin Statutes?
A. Chapter 446
B. Chapter 452
C. Chapter 454
D. Chapter 455
Correct Answer: B
Rationale: The Wisconsin Real Estate Practice Law is codified in Chapter 452 of the
Wisconsin Statutes .
3. What is the minimum age requirement for a Wisconsin real estate license?
A. 16
B. 17
C. 18
D. 21
Correct Answer: C
Rationale: Applicants must be at least 18 years old to be eligible for a Wisconsin real
estate license .
,4. What is the education requirement for a Wisconsin real estate salesperson
license?
A. 60 hours of pre-license education
B. 72 hours of pre-license education
C. 80 hours of pre-license education
D. 120 hours of pre-license education
Correct Answer: B
Rationale: Applicants must complete 72 hours of approved pre-license education (40
hours of Real Estate Fundamentals and 32 hours of Real Estate Practice) .
5. A salesperson must complete continuing education (CE) every how many years?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Correct Answer: B
Rationale: Wisconsin real estate licensees must complete continuing education every
two years .
6. How many continuing education hours are required for license renewal?
A. 12 hours
B. 18 hours
C. 24 hours
D. 30 hours
Correct Answer: C
Rationale: Licensees must complete 24 hours of continuing education every two years .
7. Which of the following is a requirement for license renewal?
A. Proof of errors and omissions insurance
B. Proof of continuing education
C. Payment of renewal fee
D. All of the above
,Correct Answer: D
Rationale: License renewal requires E&O insurance, continuing education, and payment
of fees .
8. What is the minimum errors and omissions (E&O) insurance coverage required
in Wisconsin?
A. $100,000
B. $250,000
C. $500,000
D. $1,000,000
Correct Answer: B
Rationale: Wisconsin requires E&O insurance in the amount of $250,000 per occurrence
.
9. The Wisconsin Real Estate Examining Board consists of how many members?
A. 5
B. 6
C. 7
D. 8
Correct Answer: B
Rationale: The Real Estate Examining Board consists of six members appointed by the
Governor .
10. How many members of the Examining Board must be licensed real estate
brokers?
A. 2
B. 3
C. 4
D. 5
Correct Answer: C
Rationale: Four members of the Examining Board must be licensed real estate brokers .
11. What is the term length for an Examining Board member?
, A. 2 years
B. 3 years
C. 4 years
D. 5 years
Correct Answer: C
Rationale: Examining Board members serve four-year terms .
12. A licensee who does not renew a license within the renewal period may:
A. Continue working without penalty
B. Pay a late fee and renew
C. Apply for a new license
D. Be subject to disciplinary action
Correct Answer: B
Rationale: A licensee who fails to renew on time may pay a late fee and renew the
license .
13. What is the maximum late renewal period in Wisconsin?
A. 30 days
B. 60 days
C. 90 days
D. 120 days
Correct Answer: A
Rationale: The late renewal period is 30 days after the expiration date .
14. The Real Estate Examining Board has the authority to issue which type of
order?
A. Cease and desist order
B. Consent order
C. Summary suspension order
D. All of the above
Correct Answer: D
Rationale: The Board has authority to issue cease and desist, consent, and summary
suspension orders .
And Correct Answers (Verified Answers) Plus
Rationales 2026/2027 Q&A Instant Download Pdf
1. Which Wisconsin agency regulates real estate licensees?
A. Wisconsin Department of Revenue
B. Wisconsin Department of Safety and Professional Services (DSPS)
C. Wisconsin Department of Commerce
D. Wisconsin Realtors Association
Correct Answer: B
Rationale: The Wisconsin Department of Safety and Professional Services (DSPS),
through the Real Estate Examining Board, is responsible for licensing and regulating real
estate brokers and salespersons .
2. The Wisconsin Real Estate Practice Law is found in which chapter of the
Wisconsin Statutes?
A. Chapter 446
B. Chapter 452
C. Chapter 454
D. Chapter 455
Correct Answer: B
Rationale: The Wisconsin Real Estate Practice Law is codified in Chapter 452 of the
Wisconsin Statutes .
3. What is the minimum age requirement for a Wisconsin real estate license?
A. 16
B. 17
C. 18
D. 21
Correct Answer: C
Rationale: Applicants must be at least 18 years old to be eligible for a Wisconsin real
estate license .
,4. What is the education requirement for a Wisconsin real estate salesperson
license?
A. 60 hours of pre-license education
B. 72 hours of pre-license education
C. 80 hours of pre-license education
D. 120 hours of pre-license education
Correct Answer: B
Rationale: Applicants must complete 72 hours of approved pre-license education (40
hours of Real Estate Fundamentals and 32 hours of Real Estate Practice) .
5. A salesperson must complete continuing education (CE) every how many years?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
Correct Answer: B
Rationale: Wisconsin real estate licensees must complete continuing education every
two years .
6. How many continuing education hours are required for license renewal?
A. 12 hours
B. 18 hours
C. 24 hours
D. 30 hours
Correct Answer: C
Rationale: Licensees must complete 24 hours of continuing education every two years .
7. Which of the following is a requirement for license renewal?
A. Proof of errors and omissions insurance
B. Proof of continuing education
C. Payment of renewal fee
D. All of the above
,Correct Answer: D
Rationale: License renewal requires E&O insurance, continuing education, and payment
of fees .
8. What is the minimum errors and omissions (E&O) insurance coverage required
in Wisconsin?
A. $100,000
B. $250,000
C. $500,000
D. $1,000,000
Correct Answer: B
Rationale: Wisconsin requires E&O insurance in the amount of $250,000 per occurrence
.
9. The Wisconsin Real Estate Examining Board consists of how many members?
A. 5
B. 6
C. 7
D. 8
Correct Answer: B
Rationale: The Real Estate Examining Board consists of six members appointed by the
Governor .
10. How many members of the Examining Board must be licensed real estate
brokers?
A. 2
B. 3
C. 4
D. 5
Correct Answer: C
Rationale: Four members of the Examining Board must be licensed real estate brokers .
11. What is the term length for an Examining Board member?
, A. 2 years
B. 3 years
C. 4 years
D. 5 years
Correct Answer: C
Rationale: Examining Board members serve four-year terms .
12. A licensee who does not renew a license within the renewal period may:
A. Continue working without penalty
B. Pay a late fee and renew
C. Apply for a new license
D. Be subject to disciplinary action
Correct Answer: B
Rationale: A licensee who fails to renew on time may pay a late fee and renew the
license .
13. What is the maximum late renewal period in Wisconsin?
A. 30 days
B. 60 days
C. 90 days
D. 120 days
Correct Answer: A
Rationale: The late renewal period is 30 days after the expiration date .
14. The Real Estate Examining Board has the authority to issue which type of
order?
A. Cease and desist order
B. Consent order
C. Summary suspension order
D. All of the above
Correct Answer: D
Rationale: The Board has authority to issue cease and desist, consent, and summary
suspension orders .
