5413 AMH CL COOM 7

SB 5413 - H COMM AMD ADOPTED 4/16/03

By Committee on Commerce & Labor

   On page 4, line 15, strike everything after "(a)" and insert    "Is licensed with and works under the direct supervision of an out-of-state broker who meets all of the requirements under subsection (1) of this section; and

   (b) Provides the Washington broker who is working in cooperation with the out-of-state broker with whom the salesperson or associate broker is associated with a copy of the salesperson's or associate broker's current license in good standing from the jurisdiction where the out-of-state salesperson or associate broker maintains an active real estate license in connection with the out-of-state broker.

   (3) A person licensed in a jurisdiction where there is no legal distinction between a real estate broker license and a real estate salesperson license must meet the requirements of subsection (1) of this section before engaging in any activity described in this section that requires a real estate broker license in this state."

EFFECT: Makes technical changes to maintain consistency with the definition of "person."