§ 18.86.010 Definitions
§ 18.86.020 Agency relationship
§ 18.86.030 Duties of broker
§ 18.86.031 Violation of licensing law
§ 18.86.040 Seller’s agent — Duties
§ 18.86.050 Buyer’s agent — Duties
§ 18.86.060 Dual agent — Duties
§ 18.86.070 Duration of agency relationship
§ 18.86.080 Compensation
§ 18.86.090 Vicarious liability
§ 18.86.100 Imputed knowledge and notice
§ 18.86.110 Application
§ 18.86.120 Pamphlet on the law of real estate agency — Content — Definition
§ 18.86.900 Effective date — 1996 c 179
§ 18.86.902 Effective date — 1996 c 179
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Terms Used In Washington Code > Chapter 18.86 - Real estate brokerage relationships

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiduciary: A trustee, executor, or administrator.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Subpoena: A command to a witness to appear and give testimony.