Agency
Under Washington's RCW 18.86, a broker owes the duty of 'accounting' to their client. This means:
AFiling annual tax returns for the client
BPromptly and accurately accounting for all money and property received on behalf of the client✓ Correct
CProviding a monthly financial statement
DKeeping the client's funds in an interest-bearing account
Explanation
The duty of accounting requires Washington brokers to promptly and accurately account for all money and property received in connection with the representation, including earnest money and other client funds.
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