One Time Showing Form With 2 Points In Washington
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FAQ
(1) A broker may act as a limited dual agent only with the written consent of both parties to the transaction, set forth in the services agreement. (f) Unless otherwise agreed to in writing after the limited dual agent has complied with RCW 18.86.
A dual agent cannot have fiduciary duties to a seller or a buyer because the law limits their function in any transaction.
Dual agency is illegal in the following eight states: Wyoming, Alaska, Vermont, Colorado, Flroida, Maryland, Texas, and Kansas. All the other states and the District of Columbia, permit dual agency.
In Washington State, dual agents must abide by the duties of all brokers, as outlined in RCW 18.86. 030, must further obtain written informed consent for dual agency from both represented parties, and must meet several additional requirements in RCW 18.86.
Effective January 1, 2024, this law modernizes the decades-old Real Estate Agency Law in Washington, introducing significant improvements in transparency and consumer protection for both buyers and sellers. A key change requires real estate brokerage firms to enter into written agreements with both sellers and buyers.
Washington requires 90 hours of pre-licensing courses. You need to be at least 18 years old and have at least two years of high school education or equivalent to get your Washington broker license. Did you know that you can get your Washington real estate license entirely online?
Washington Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state.
Visit our Corporations and Charities Filing System landing page and log in to your account. Once logged in, select “Business Maintenance Filings” from the navigation bar on the left side, then select “Initial Report”.
Washington Annual Report Service & Filing Instructions. The state of Washington requires all corporations, nonprofits, LLCs, PLLCs, LPs, LLPs, and LLLPs to file a Washington Annual Report.
