RCW 18.85.291
Brokers and managing brokers—Termination of affiliation with firm—Notice.
The licenses of a real estate broker and managing broker shall be kept at all times by their firm and when real estate brokers or managing brokers cease to represent the firm, their licenses shall cease to be in force. Brokers and managing brokers must submit written notification to the designated broker for their firm when they terminate affiliation with their firm. The firm, through the designated broker, shall give notice to the director and such notice shall be accompanied by and include the surrender of the broker's or managing broker's license. Failure of any designated broker for the firm to promptly notify the director of a broker's or managing broker's termination after demand by the affected broker or managing broker shall be grounds for disciplinary action against the firm and designated broker. Upon application of the broker or managing broker, and the payment of a fee as prescribed by the director by rule, the director shall issue a new license for the unexpired term, if the broker or managing broker is otherwise entitled thereto. When the firm terminates a broker's or managing broker's services for a violation of this chapter, or chapter 18.86 or 18.235 RCW, the firm shall immediately file a written statement of the facts in reference thereto with the director.
[ 2008 c 23 § 40; 1987 c 332 § 14; 1953 c 235 § 14; 1947 c 203 § 7; 1943 c 118 § 7; 1941 c 252 § 26; Rem. Supp. 1947 § 8340-49. Prior: 1925 ex.s. c 129 § 21. Formerly RCW 18.85.320.]
Structure Revised Code of Washington
Title 18 - Businesses and Professions
Chapter 18.85 - Real Estate Brokers and Managing Brokers.
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.
18.85.051 - 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.
18.85.075 - 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.
18.85.461 - Washington real estate research account—Creation.
18.85.471 - Real estate research center—Purpose.