Wisconsin Continuing Education COURSE
WI 2023-2024 Electives B - Drafting Wisconsin Contracts, Closing of Buyer's Property, Secondary Offer, Bump Clause, and Other Approved Forms
A comprehensive understanding of Wisconsin's real estate transaction processes and the Wisconsin-approved forms associated with transactions is crucial for licensees to provide excellent services to their clients. Being able to identify the provisions, contingencies, and clauses outlined in forms such as the WB-11 Residential Offer to Purchase, WB-44 Counter-Offer, and the WB-46 Multiple Counter-Proposal form will enable licensees to manage negotiations, draft contracts, and facilitate smooth transactions.
Ultimately, the knowledge and skills gained through this course will equip licensees to confidently navigate Wisconsin's real estate market and provide their clients with the best possible service.
This three-hour course fulfills three hours of elective continuing education in the topics of:
- Drafting Contracts in Wisconsin Real Estate Transactions
- Closing of Buyer's Property Contingency, Secondary Offer, and Bump Clause in Wisconsin Offers to Purchase
- Other Wisconsin Approved Forms
Course highlights include:
- Common contract contingencies
- Drafting contingencies for testing and inspections
- Licensee best practices: real vs. personal property
- WB-25 Bill of Sale for conveyance of personal property
- Closing of buyer's property contingency
- Bump clauses
- Secondary offers
- Using Wisconsin-approved forms
- WB-44 Counter Offer
- WB-46 Multiple Counter-Proposal
- Additional approved forms and arbitration