Washington License Law
A Washington real estate broker is required to maintain errors and omissions (E&O) insurance because:
AIt is required by federal law
BThe DOL requires E&O as a condition of renewing a broker's license✓ Correct
CIt is required by the local MLS
DE&O is optional but recommended
Explanation
Washington State requires real estate brokers to maintain errors and omissions (E&O) insurance as a condition of license renewal. The DOL must verify E&O coverage for each renewal cycle.
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