RCW 18.85.130
Examinations -- Scope -- Manual -- Moneys from
sale. (Effective until July 1, 2010.)
The director shall
provide each original applicant for an examination with a manual
containing a sample list of questions and answers pertaining to
real estate law and the operation of the business and may provide
the same at cost to any licensee or to other members of the
public. The director shall ascertain by written examination,
that each applicant, and in case of a corporation, limited
liability company, limited liability partnership, or partnership,
that each officer, agent, or partner thereof whom it proposes to
act as licensee, has:
(1) Appropriate knowledge of the English language, including
reading, writing, spelling, and arithmetic;
(2) An understanding of the principles of real estate
conveyancing, the general purposes and legal effect of deeds,
mortgages, land contracts of sale, exchanges, rental and option
agreements, and leases;
(3) An understanding of the principles of land economics and
appraisals;
(4) An understanding of the obligations between principal
and agent;
(5) An understanding of the principles of real estate
practice and the canons of business ethics pertaining thereto;
and,
(6) An understanding of the provisions of this chapter.
The examination for real estate brokers shall be more
exacting than that for real estate salespersons.
All moneys received for the sale of the manual to licensees
and members of the public shall be placed in the real estate
commission fund to be returned to the current biennium operating
budget.
[1997 c 322 § 9; 1972 ex.s. c 139 § 11; 1951 c 222 § 11. Formerly: 1947 c 203 § 2, part; 1945 c 111 § 4, part; 1941 c 252 § 12, part; Rem. Supp. 1947 § 8340-35, part.]