Tina passed the Washington broker exam and submitted her license application. The DOL issued her license, and her Designated Broker activated it. Tina's license was issued on March 15, 2024. Under Washington's standard two-year license cycle, when will Tina's broker license expire?
Correct Answer
C) On the last day of the month of her birthday in the second year following issuance
Washington real estate broker licenses expire on the last day of the licensee's birth month in a two-year cycle. The DOL aligns license expiration dates with the licensee's birthday month to create a personalized renewal schedule. For Tina, whose license was issued on March 15, 2024, her license will expire on the last day of her birth month in 2026 (the second year of the cycle), which may not be March 15 unless her birthday is also in March.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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