Washington License Law
When a Washington seller accepts an offer, the listing broker must retain the original signed purchase agreement for a minimum of:
A1 year
B2 years
C3 years✓ Correct
D5 years
Explanation
RCW 18.85 requires Washington brokers to retain transaction records, including signed purchase agreements, for a minimum of three years from the closing date or the date of the transaction if it did not close.
Related Washington Washington License Law Questions
- Which of the following acts would NOT constitute grounds for disciplinary action against a Washington real estate licensee?
- A Washington designated broker who allows an affiliated broker to operate without adequate supervision may face:
- A Washington real estate broker convicted of a felony crime involving fraud or dishonesty may face:
- A Washington broker is also a licensed mortgage loan originator (MLO). In a real estate transaction, the broker may:
- Under RCW 18.85, which of the following activities requires a Washington real estate license?
- In Washington, a licensed real estate broker who assists a friend in selling their home without charging a commission is:
- The Washington State Legislature delegates authority to the DOL to regulate real estate through which statute?
- A Washington real estate licensee wants to conduct a home inspection business in addition to their real estate practice. In Washington, this:
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →