Where are the duties and obligations of a broker detailed?

The duties and obligations of a broker are primarily detailed in the Wyoming real estate license code and rules. This legal framework encompasses the state-specific regulations that govern real estate practices within Wyoming. These codes establish the responsibilities and ethical conduct required of licensed brokers, ensuring compliance with both the law and professional standards.

By consulting the real estate license code, brokers gain a clear understanding of their obligations towards clients, the public, and the overall real estate industry. This code includes provisions related to fiduciary duties, fair housing practices, and specific conduct guidelines essential for maintaining professionalism in real estate transactions.

While local real estate board guidelines, internal brokerage policies, and national standards may provide useful frameworks and additional resources, they do not carry the same authority or specificity regarding legal requirements as the state's license code. Therefore, the Wyoming real estate license code and rules remain the definitive source for outlining a broker's legal duties and obligations.