Washington License Law
Under Washington's RCW 18.85, a real estate broker's license may be denied if the applicant:
AHas ever been late on a personal loan payment
BHas been convicted of a crime involving fraud, dishonesty, or misrepresentation✓ Correct
CHas owned a business that went bankrupt
DHas previously failed the licensing exam twice
Explanation
Washington's DOL may deny a real estate license to an applicant with convictions for crimes involving fraud, dishonesty, or misrepresentation, as such history is relevant to fitness to practice as a fiduciary.
People Also Study
Related Washington Questions
- A Washington real estate broker convicted of a felony crime involving fraud or dishonesty may face:Washington License Law
- Under RCW 18.85, a Washington real estate broker found to have committed fraud may have their license:Washington License Law
- Under Washington's license law, the 'fiduciary duty' a broker owes to their client includes the duty of loyalty, which means the broker must:Washington License Law
- A Washington designated broker wants to verify that an applicant for an affiliated broker position has an active license. The best way to verify this is to:Washington License Law
Key Terms to Know
Promissory Note
A written promise to repay a loan under specified terms — the borrower's personal financial obligation in a real estate transaction.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
State-Specific Concepts
License Law
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →