Wis. Admin. Code ch. REEB 18 – Trust Accounts | Midpage

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Wisconsin Administrative Code

Reeb 18

Wis. Admin. Code ch. REEB 18

Trust Accounts

Real Estate Examining Board

18.01Authority.18.02Definitions.18.031Deposits and types of accounts.18.032Number of real estate trust accounts.18.033Opening and closing real estate trust accounts.18.034Account designation.18.035Duty to notify the department.18.036Authorization to examine real estate trust accounts and records.18.037Form for notification and authorization.18.04Authorization to sign trust account checks.18.05Receipt for earnest money received by the licensee.18.06Escrow agreement for earnest money not held by the firm.18.07After closing escrow agreements.18.09Disbursement of trust funds.18.10Comingling funds prohibited.18.11Non-depositable items.18.13Bookkeeping system.18.14Violation of rules.