{"data":{"id":"us-wi/wis.-stat.-452.40","jurisdiction":"us-wi","citation":"Wis. Stat. § 452.40","heading":"Use of forms; provision of legal advice.","body":"(1)\n(a) In this subsection, “use a form” means to complete a form by filling in blanks or modifying printed provisions on the form at the instruction of one or more parties with whom a licensee is working or representing in a specific transaction.\n(b) A firm and any licensee associated with the firm may use a form approved by the board under s. 452.05 (1) (b) in real estate practice.\n(2) A licensee may not provide advice or opinions concerning the legal rights or obligations of parties to a transaction, the legal effect of a specific contract or conveyance, or the state of title to real estate. A licensee may provide a general explanation of the provisions in a form approved by the board under s. 452.05 (1) (b) to the parties to a transaction at the time of completing the form or when delivering an approved form for the seller’s or buyer’s acceptance. Reviews conducted by a supervising broker under s. 452.132 (4) shall not be considered to be the provision of legal advice or opinion.","path":["Chs. 440-480, Regulation and Licensing","Chapter 452 Real Estate Practice"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/452.40","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:27Z","sha256":"2b98dacf56c22126b8b23f03eb78c2415ccdecb827c00f1619132f79579daf0b","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-452.38","next":"us-wi/wis.-stat.-452.42"},"notice":"GroundRules: Original legal text. Not legal advice."}