Revised Code of Washington
Chapter 18.85 - Real Estate Brokers and Managing Brokers.
18.85.181 - Examinations—Sample questions—Scope—Moneys from sale.

RCW 18.85.181
Examinations—Sample questions—Scope—Moneys from sale.

The director shall provide each original applicant for an examination a sample list of questions and answers pertaining to real estate law and the operation of the business and may provide the same at cost to any licensee or to other members of the public. The director shall ascertain by written examination, that each applicant has:
(1) An appropriate knowledge of the English language, including reading, writing, and mathematics;
(2) An understanding of the principles of conveying real estate and the general purposes and legal effect of deeds, finance contracts, and leases;
(3) An understanding of the principles of real estate investment, property valuation, and appraisals;
(4) An understanding of real estate broker agency relationships;
(5) An understanding of the principles of real estate practice and the canons of business ethics pertaining thereto; and
(6) An understanding of the provisions of chapters 18.86 and 18.235 RCW and this chapter.
The examination for real estate managing brokers shall be more exacting than that for real estate brokers.
All moneys received for the sale of educational literature to licensees and members of the public shall be placed in the real estate commission fund.

[ 2008 c 23 § 18; 1997 c 322 § 9; 1972 ex.s. c 139 § 11; 1951 c 222 § 11. Formerly: 1947 c 203 § 2, part; 1945 c 111 § 4, part; 1941 c 252 § 12, part; Rem. Supp. 1947 § 8340-35, part. Formerly RCW 18.85.130.]

Structure Revised Code of Washington

Revised Code of Washington

Title 18 - Businesses and Professions

Chapter 18.85 - Real Estate Brokers and Managing Brokers.

18.85.011 - Definitions.

18.85.021 - Real estate commission created—Qualifications, terms, appointment of members—Vacancies.

18.85.025 - Commission—Compensation and travel expenses—Frequency of meetings.

18.85.031 - Commission—Educational conferences—Examinations of applicants for licenses.

18.85.035 - Commission—Home inspector referrals—Procedures.

18.85.041 - Director—General powers and duties.

18.85.045 - Director's seal.

18.85.051 - Publication of chapter—Distribution.

18.85.053 - Controlling interest in a real estate business—Prohibited practices.

18.85.061 - License fees—Real estate commission account.

18.85.065 - Employees.

18.85.075 - Director and employees business interest prohibited.

18.85.081 - Licensure of town, city, or county employees conducting real estate transactions.

18.85.091 - Firm license—Requirements.

18.85.101 - Broker's license—Requirements—Renewal.

18.85.111 - Managing broker's license—Requirements—Renewal.

18.85.121 - Designated brokers—Registration—Endorsements.

18.85.131 - Out-of-state licensees—Requirements in lieu of licensing.

18.85.141 - Substitution of educational requirements—Rules.

18.85.151 - Exemptions from licensing.

18.85.171 - Applications—Conditions—Fees.

18.85.181 - Examinations—Sample questions—Scope—Moneys from sale.

18.85.191 - License fees—Expiration—Renewal—Identification cards—Background checks.

18.85.201 - Responsibility for conduct of subordinates.

18.85.211 - Licenses—Renewal—Continuing education.

18.85.221 - Licenses—Names—Restrictions as to use.

18.85.231 - Licenses—Office or records depositories required—Record maintenance and production.

18.85.241 - Licenses—Branch office.

18.85.255 - Licenses—Change of location.

18.85.265 - Inactive licenses.

18.85.275 - Designated broker or managing broker—Authority and duties.

18.85.285 - Transactions and recordkeeping—Trust accounts—Requirements.

18.85.291 - Brokers and managing brokers—Termination of affiliation with firm—Notice.

18.85.301 - Sharing commissions.

18.85.311 - Distribution of interest from brokers' trust accounts.

18.85.321 - Real estate education program account.

18.85.331 - License required—Prerequisite to suit for commission.

18.85.351 - License suspension—Noncompliance with support order—Reissuance.

18.85.361 - Disciplinary action—Grounds.

18.85.370 - Disciplinary action—Director's delegation of authority.

18.85.380 - Disciplinary action—Hearing—Conduct of.

18.85.390 - Disciplinary action—Order—Appeal.

18.85.401 - Appeal—Transcript—Cost.

18.85.411 - Violations—Penalty.

18.85.420 - Attorney general as legal advisor.

18.85.430 - Enforcement provisions.

18.85.440 - Uniform regulation of business and professions act.

18.85.451 - Fee assessed.

18.85.461 - Washington real estate research account—Creation.

18.85.471 - Real estate research center—Purpose.

18.85.481 - Changes in licensing categories—Effect on status of proceedings, existing rules, forms, and licenses.

18.85.490 - Military training or experience.

18.85.930 - Effective date—2008 c 23.