RCW 18.85.111
Managing broker's
license -- Requirements -- Renewal. (Effective July 1, 2010.)
(1)
The minimum requirements for an individual to receive a managing
broker's license are that the individual:
(a) Is eighteen years of age or older;
(b) Has a high school diploma or its equivalent;
(c) Has had a minimum of three years of licensed experience
as a full-time real estate broker in this state or in another
jurisdiction having comparable requirements within the five years
previous to applying for the managing broker's license
examination or is otherwise qualified by reason of practical
experience in a business allied with or related to real estate as
prescribed by rule;
(d) Except as provided in RCW 18.85.141, has furnished
proof, as the director may require, that the applicant has
successfully completed ninety hours of instruction in real
estate. Instruction must include courses as prescribed by the
director including real estate brokerage management, business
management, and advanced real estate law. The director may
approve and accept other related education. Each course must be
completed within three years before applying for the managing
broker's license examination, be at least thirty clock hours, and
be approved by the director. The applicant must pass a course
examination, approved by the director for each course that is
used to satisfy the managing broker's license requirement; and
(e) Has passed the managing broker's license examination.
(2) A managing broker's license may be renewed upon
completion of continuing education courses and payment of the
renewal fee as prescribed by the director.
(3) A managing broker can be licensed to one firm only at
any one time.
[2008 c 23 § 12.]