Section REEB 17.03 - Limitations on licensees associated with a firm(2) A licensee associated with a firm may personally employ or engage as independent contractors licensed persons only as unlicensed personal assistants within the meaning of s. 452.34(1), Stats., subject to the provisions in s. 452.34, Stats.(3) A broker shall be associated with only one firm unless the broker is engaging in independent practice under s. 452.30(6) (a), Stats., or acting as business representative for a licensed business entity under s. 452.12(2) (a), Stats.(4) A salesperson may engage in real estate practice only when associated with a firm.Wis. Admin. Code Real Estate Examining Board REEB 17.03
Cr. Register, November, 1985, No. 359, eff. 12-1-85; am. (2), Register, January, 1998, No. 505, eff. 2-1-98; am. (2) to (4), Register, January, 2001, No. 541, eff. 2-1-01; correction in (2) made under s. 13.92(4) (b) 7, Stats., Register November 2011 No. 671.Amended by, EmR1620: emerg. am. (title), r. (1), am. (2), r. and recr. (3), am. (4), eff. 7-1-16; CR 16-042: am. (title), r. (1), am. (2), r. and recr. (3), am. (4) Register February 2017 No. 734, eff. 3-1-17; correction in (3) made under s. 35.17, Stats., Register February 2017 No. 734, eff. 3/1/2017