Tom is a licensed Washington real estate Broker who has been found by the DOL to have engaged in misrepresentation in a real estate transaction. Under RCW Chapter 18.85, which of the following disciplinary actions is the DOL authorized to impose on Tom?
Correct Answer
D) The DOL may impose a fine, suspend or revoke Tom's license, or require him to complete additional education as a condition of reinstatement.
Under RCW 18.85, the DOL has broad disciplinary authority over licensed real estate professionals. Authorized sanctions include monetary fines, license suspension, license revocation, and requiring additional education as a condition of license reinstatement. The DOL's disciplinary toolkit is comprehensive and is not limited to a single type of sanction.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
- → A responsible broker in Wyoming asks about a first-time salesperson applicant prepares for Wyoming-specific licensing. Which answer follows Wyoming law?
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