Washington License Law
A Washington real estate broker is found to have commingled client trust funds with their personal funds. The DOL may:
AIssue a warning letter only for a first offense
BRevoke the license and report the violation for potential criminal prosecution✓ Correct
CRequire additional continuing education
DOnly assess a fine of up to $500
Explanation
Commingling trust funds is one of the most serious violations in real estate licensing. The DOL may revoke the license, and the conduct may constitute criminal theft or embezzlement, resulting in referral for criminal prosecution.
Related Washington Washington License Law Questions
- A Washington real estate firm that wants to advertise as 'ABC Realty' but operate under 'XYZ Properties' in another city must:
- Washington State real estate broker licenses must be renewed every:
- Under Washington's real estate license law, a broker who has been licensed for at least 3 years and completes additional education requirements may apply to the DOL for:
- Under RCW 18.85, how long does a Washington real estate licensee have to report a criminal conviction to the Department of Licensing?
- A Washington real estate broker who violates the Consumer Protection Act (CPA) by making unfair or deceptive representations may face:
- Under Washington's real estate brokerage practices rules, a licensee must disclose their license status when purchasing real property for their own account. This disclosure must be made:
- The Real Estate Education Program (REEP) in Washington is funded by:
- Under Washington law, a real estate firm that sponsors a new broker must have the broker complete which requirement before the broker can independently show properties?
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →