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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The minimum requirements for a firm to receive a license are that the firm:
(a) Designates a managing broker as the “designated broker” who has authority to act for the firm, and provides the director with the name of the owner or owners or any others with a controlling interest in the firm;
(b) Assures that no person with controlling interest in the firm is the subject of a final departmental order, as provided in chapter 34.05 RCW, suspending or revoking any type of real estate license; and
(c) Does not adopt a name that is the same or similar to currently issued licenses or that implies the real estate firm is a nonprofit or research organization, or is a public bureau or group.
(2) An applicant for a real estate firm's license shall provide the director with:
(a) The firm name and unified business identifier number;
(b) Washington business mailing and street address, contact telephone number, if any, and a mailing and physical address for either the firm's trust account or business records location, or both;
(c) Internet home page site and business email address, if any;
(d) Application fee prescribed by the director; and
(e) Any other information the director may require.
(3) The firm must provide the following to the department for renewal of the firm's license:
(a) Renewal fee;
(b) Notice of any change in controlling interest for the firm; and
(c) Notice of any change in the firm's registration or certificate of authority filed with the secretary of state.
Cite this article: FindLaw.com - Washington Revised Code Title 18. Businesses and Professions § 18.85.091. Firm license--Requirements - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-18-businesses-and-professions/wa-rev-code-18-85-091/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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