Wash. Admin. Code § 308-124D-200
Current through Register Vol. 24-18, September 15, 2024
All checks received as earnest money, security or damage deposits, rent, lease payments, contract or mortgage payments on real property or business opportunities owned by clients shall be made payable to the real estate firm as licensed, unless it is mutually agreed in writing by the principals that the deposit shall be paid to the lessor, the seller or an escrow agent named in the agreement. The designated broker shall retain a copy of the written agreement.
Wash. Admin. Code § 308-124D-200
Statutory Authority: RCW 18.85.040 and 18.85.041. 10-06-078, § 308-124D-200, filed 3/1/10, effective 7/1/10.