Washington License Law
Washington law requires a real estate broker to keep trust account records that are:
AAvailable to clients upon 30 days' written request
BAccurate and available for DOL inspection at any time✓ Correct
CSummarized annually and filed with the DOL
DMaintained only if the firm holds escrow
Explanation
Washington's RCW 18.85 requires trust account records to be accurate, current, and available for inspection by the DOL at any time. Adequate records must be maintained to trace every deposit and disbursement.
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