S-787                 _______________________________________________

 

                                                   SENATE BILL NO. 5573

                        _______________________________________________

 

State of Washington                               51st Legislature                              1989 Regular Session

 

By Senators McCaslin and DeJarnatt

 

 

Read first time 1/27/89 and referred to Committee on   Economic Development & Labor.

 

 


AN ACT Relating to branch offices for real estate brokers; and amending RCW 18.85.190.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

        Sec. 1.  Section 42, chapter 52, Laws of 1957 as last amended by section 6, chapter 332, Laws of 1987 and RCW 18.85.190 are each amended to read as follows:

          A real estate broker may apply to the director for authority to establish one or more branch offices under the same name as the main office upon the payment of a fee as prescribed by the director by rule.  The director shall issue a duplicate license for each of the branch offices showing the location of the main office and the particular branch.  Each duplicate license shall be prominently displayed in the office for which it is issued.   Each branch office shall be required to have a branch manager who shall be an associate broker authorized by the designated broker to perform the duties of a branch manager.

          A branch office license shall not be required where real estate sales activity is conducted on and, limited to a particular subdivision or tract, if a licensed office or branch office is located within thirty-five miles of the subdivision or tract.  ((A real estate broker shall apply for a branch office license if real estate sales activity on the particular subdivision or tract is five days or more per week.))