Washington License Law
A Washington broker who receives an earnest money deposit must keep records of the deposit for a minimum of how many years?
A1 year
B2 years
C3 years✓ Correct
D5 years
Explanation
Washington's RCW 18.85 requires brokers to maintain records of trust account transactions, including earnest money deposits, for a minimum of three years from the date of the transaction.
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