RCW 18.85.471
Real estate research center—Purpose. (Expires September 30, 2025.)
(1) The purpose of a real estate research center in Washington state is to provide credible research, value-added information, education services, and project-oriented research to real estate licensees, real estate consumers, real estate service providers, institutional customers, public agencies, and communities in Washington state and the Pacific Northwest region. The center may:
(a) Conduct studies and research on affordable housing and strategies to meet the affordable housing needs of the state;
(b) Conduct studies in all areas directly or indirectly related to real estate and urban or rural economics and economically isolated communities;
(c) Disseminate findings and results of real estate research conducted at or by the center or elsewhere, using a variety of dissemination media;
(d) Supply research results and educational expertise to the Washington state real estate commission to support its regulatory functions, as requested;
(e) Prepare information of interest to real estate consumers and make the information available to the general public, universities, or colleges, and appropriate state agencies;
(f) Encourage economic growth and development within the state of Washington;
(g) Support the professional development and continuing education of real estate licensees in Washington;
(h) Study and recommend changes in state statutes relating to real estate; and
(i) Develop a vacancy rate standard for low-income housing in the state.
(2) The director shall establish a memorandum of understanding with an institution of higher learning that establishes a real estate research center for the purposes under subsection (1) of this section.
(3) This section expires September 30, 2025.
[ 2015 c 175 § 3; 2010 c 156 § 3; 2005 c 185 § 3; 2002 c 294 § 5; 1999 c 192 § 3. Formerly RCW 18.85.540.]
NOTES:
Effective date—2010 c 156: See note following RCW 18.85.451.
Findings—2002 c 294: See note following RCW 36.22.178.
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.