Washington License Law
Under Washington law, a real estate licensee may collect a fee from which of the following parties in a transaction?
AOnly the party who hired the licensee
BOnly the buyer in all transactions
CThe party specified in a written agreement, regardless of which party that is✓ Correct
DBoth parties simultaneously without disclosure
Explanation
Washington licensees may collect fees from the party or parties specified in a written agreement. With proper disclosure and consent, a licensee may receive compensation from both parties in certain circumstances.
Related Washington Washington License Law Questions
- 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?
- How many hours of pre-license education are required for a Washington real estate broker applicant?
- Under Washington law, a broker who has a financial interest in a property they are listing must:
- Which of the following acts would NOT constitute grounds for disciplinary action against a Washington real estate licensee?
- The Washington Real Estate Program within the DOL issues how many types of real estate licenses?
- A Washington real estate firm that wants to advertise as 'ABC Realty' but operate under 'XYZ Properties' in another city must:
- A Washington real estate broker who practices without a current license is:
- A Washington broker wishes to operate under a trade name. Under RCW 18.85, the broker must:
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →