RCW 18.85.171 Applications—Conditions—Fees. (1) A person desiring a license as a real estate firm shall apply on a form prescribed by the director. A person desiring a license as a real estate broker or managing broker must pay an examination fee and pass an examination. The person shall apply for an examination and for a […]
RCW 18.85.181 Examinations—Sample questions—Scope—Moneys from sale. The director shall provide each original applicant for an examination a sample list of questions and answers pertaining to real estate law and the operation of the business and may provide the same at cost to any licensee or to other members of the public. The director shall ascertain […]
RCW 18.85.191 License fees—Expiration—Renewal—Identification cards—Background checks. Before receiving a license, every real estate broker, managing broker, and firm must pay a license fee as prescribed by the director by rule. A license issued under the provisions of this chapter expires two years from the issuance date. Licenses issued to real estate firms that are partnerships, […]
RCW 18.85.201 Responsibility for conduct of subordinates. Responsibility for any real estate broker, managing broker, or branch manager in conduct covered by this chapter shall rest with the designated broker to which such licensees shall be licensed. In addition to the designated broker, a branch manager shall bear responsibility for brokers and managing brokers operating […]
RCW 18.85.211 Licenses—Renewal—Continuing education. (1) All real estate brokers and managing brokers shall furnish proof as prescribed by rule of the director that they have successfully completed at least the required minimum number of 30 clock hours of instruction every two years in real estate courses approved by the director to renew their licenses. The […]
RCW 18.85.221 Licenses—Names—Restrictions as to use. No license issued under the provisions of this chapter shall authorize any person other than the person named on the license to do any act by virtue thereof nor to operate in any other manner than under the name appearing on the license. A real estate firm has the […]
RCW 18.85.231 Licenses—Office or records depositories required—Record maintenance and production. Every licensed real estate firm must have and maintain an office or records depositories accessible in this state to representatives of the director. The firm must maintain and produce a complete set of records as required by this chapter. The director may prescribe rules for […]
RCW 18.85.241 Licenses—Branch office. A designated broker may apply to the director for authority to establish one or more branch offices under the same name as the real estate firm upon the payment of a fee as prescribed by the director by rule. The director shall issue a duplicate license for each of the branch […]
RCW 18.85.255 Licenses—Change of location. A designated broker, managing broker, or firm shall give notice in writing to the director of any change of that licensee’s business or records depository location. Upon the surrender of the original license for the business and a payment of a fee as prescribed by the director by rule, the […]
RCW 18.85.265 Inactive licenses. (1) Any license issued under this chapter and not otherwise revoked is deemed “inactive” at any time it is delivered to the director. Until reissued under this chapter, the holder of an inactive license is prohibited from conducting real estate brokerage services. (2) An inactive license may be renewed on the […]
RCW 18.85.275 Designated broker or managing broker—Authority and duties. (1) The designated broker or managing broker shall supervise the conduct of brokers and managing brokers for compliance with this chapter, chapter 18.235 RCW, and RCW 18.86.030. (2) Listings, transactions, management agreements, and other contracts relating to providing brokerage services are property of the real estate […]
RCW 18.85.285 Transactions and recordkeeping—Trust accounts—Requirements. (1) Brokers and managing brokers must submit complete copies of their transactions to their firm. The designated broker shall keep adequate records of all real estate transactions handled by or through the firm or firms to which the designated broker is registered. The records shall include, but are not […]
RCW 18.85.291 Brokers and managing brokers—Termination of affiliation with firm—Notice. The licenses of a real estate broker and managing broker shall be kept at all times by their firm and when real estate brokers or managing brokers cease to represent the firm, their licenses shall cease to be in force. Brokers and managing brokers must […]
RCW 18.85.301 Sharing commissions. (1) Except under subsection (4) of this section, it is unlawful for any licensed firm, broker, or managing broker to pay any part of the licensee’s commission or other compensation to any person who performs real estate brokerage services and who is not a licensed firm, real estate broker, or managing […]
RCW 18.85.311 Distribution of interest from brokers’ trust accounts. Remittances received by the state treasurer pursuant to RCW 18.85.285 shall be divided between the housing trust fund created by RCW 43.185.030, which shall receive seventy-five percent and the real estate education program account created by RCW 18.85.321, which shall receive twenty-five percent. [ 2008 c […]
RCW 18.85.321 Real estate education program account. The real estate education program account is created in the custody of the state treasurer. All moneys received for credit to this account pursuant to RCW 18.85.311 and all moneys derived from fines imposed under this chapter shall be deposited into the account. Expenditures from the account may […]
RCW 18.85.331 License required—Prerequisite to suit for commission. It is unlawful for any person to act as a real estate broker, managing broker, or real estate firm without first obtaining a license therefor, and otherwise complying with the provisions of this chapter. No suit or action shall be brought for the collection of compensation as […]
RCW 18.85.351 License suspension—Noncompliance with support order—Reissuance. The director shall immediately suspend the license of any broker or managing broker who has been certified pursuant to RCW 74.20A.320 by the department of social and health services as an individual who is not in compliance with a support order or a visitation order. If the individual […]
RCW 18.85.361 Disciplinary action—Grounds. In addition to the unprofessional conduct described in RCW 18.235.130, the director may take disciplinary action against any person engaged in the business or acting in the capacity of a real estate broker, managing broker, designated broker, or real estate firm, regardless of whether the transaction was for the person’s own […]
RCW 18.85.370 Disciplinary action—Director’s delegation of authority. The director may authorize one or more assistants to perform the director’s duties with reference to disciplinary action. [ 2008 c 23 § 33; 1988 c 205 § 6; 1987 c 332 § 10; 1957 c 52 § 45. Prior: 1945 c 111 § 9, part; 1941 c […]
