Salt Lake Telegram | 1929-09-22 | Page 29 | Salt Lake Fares Well in Matter of Tall Buildings

M r Salt it Lake Fares F ates Well in ri Matter M of Jf Tall all Bull Building ding g 1 r Wisconsin Realtors Realtors' V J tuI sJ License L. L Law L aw Lauded L aU d. d e etuI d. d V t V V 4 I 1 ff Y f V New N CW L Legislation egis I. I all on C Calls a II I V on onI I V i t to Aid S t. t r I J Enforcement V fr V VV V ol operation cra lon of oV the n new w Wis 1 tn law W providing providing- nS lIc license nse tO for 1 r salesmen n a and d brokers bror i V draws dras upon VIS Wisconsin real c ate aten n monitor m l' l the guidance and n me dt t. t state stat standards applied to lC t. t estate through tho the laws law's provision ng that t the th V r real af estate brokers board ot hr in Vho 1 hio Q e d duty t It ls Is Isto to administer d ter the law Jaw Include n nt at t tIc V Ic least si two Teal estate menThe men men- V The new nV n V law was was en enacted eted early In I July It Jt tak takes s the pl place of the thic thereal 1 l' l real roal estate license law daw which has hns b been en in op operation In Wisconsin since since- January V 1 1 1920 Upon enactment q of the lay law Governor Coy Gov immediately appointed the tho following realtors to the board Elm Elmer r H. H Grootemaat Milwaukee Mil Mu- UI- UI wa waukee kc president W. W E. E E E. Webster V Hudson on vice president and nd Alex 4 T. T Madison l treasurer The appointments were unanimously confirmed by the senate e V The he first V official action of ot the I newly J board has luis been to a a. statement of oC 1 which it id tho the code of ethics of the National l Association of Real Heal Estate Hoards Boards as the governing principles for tol real estate tite practice In lit Wiscon Wiscon- sin ln The statement t. t of at f policy makes tho the following sp specific provision The code of ethics Q of f thc Association 0 of Real Estate Boards which has been adopted by state and local boards bO throughout t the country is regarded as the standard of at conduct b by real estate men throughout the United United'S S Spates Spates' tates In I questions of or cond conduct ct this code of or ethics may be used as a REQUIRES WRITTEN AND ORAL EXAMINATION V Tb The Wisconsin board statement of policy Interprets th the com competency test provided for in the new new Jaw law to to V mean both written aud and oral examination exam exam- i m- m o of each Individual lI applicant tot for or license V broker as or salesman u find and announces s that It will act upon this Interpretation The statement further announces 3 that the use uc of oi V free lot schemes will bo be deemed evidence of ot untrustworthiness In n closing closing Its of at policy the tho Wisconsin board makes the following following fol fol- fol- fol lowing sug suggestions c to the public for or protection self V in real estate Investments in investments in- in vestments V IIi ord order r Vorder V to to reduce the difficulties difficulties' between bl brokers kc s and their clients 3 to to toa a a. minimum this board makes the lie following suggestions to the Public First No First Xo o person person I. I should deal with a a. real estate agent for tor the thc purpose ot s selling buying or Ing pr property perly unless js Is certain that such broker or r salesman h has been licensed b by the Wisconsin real estate brokers bo board d. d V Second Second Persons Persons dealing with a a. broker should be satisfied that such broker or 01 salesman ia financially and morally responsible V ord order r to carry ry try out the terms or f his agree agree agree- I In ments Do Third Third Do not sign any papers V V V or without first r reading radIng thc same samo and ind understanding all of V th the ro V Fourth Insist upon t receiving ehing a or of oraU all aU agreements and hd la papers which 1 h ar are signed b by you youL O V Fifth This board Is available to receive and V investigate complaints com com- corn com plaints ts' ts tsat of at misconduct against real estate at b brokers and salesmen it i is hs it riot flot t a a. c collection agency but Ji here V to serve thc the public and the the r real al hUe prot prof profession It la Is the tl boards board's duty lUty to o eliminate ate as far fal- falas' falas as as' possible upon the p part rt of brokers and salesmen When any broker or sale jian um ha has be bee been guilty of pus nis COI J ct the matter should be re- re p promptly y to the Wisconsin 1 real l estate brokers board V Tha he he Ohio tate state board V of ot exam exam- examiner I iner when hen the th Ohio license e law la w s. s put into fl 0 op in ln 1927 a adopted opted the code the code of ot ethics of of the V t national association as ns the thet basis of the th examination required to e est t blish b b- lish familiarity with real estate V business ethics on the an ai V applicant for Correal real estate cst state brokers broker's o of or al mans man's ft ll license V V VV V e V V