chapter 17

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Across
  1. 3. A business entity, such as a corporation or partnership, that is licensed to perform real estate brokerage activities in Washington.3w
  2. 7. When someone who is holding trust funds on another person’s behalf intentionally or accidentally mixes those funds together with his own money.
  3. 11. A designated broker who allows another person to use his license to operate a brokerage (which is a violation of the license law).2w
  4. 12. A license in the possession of the Director of the Department of Licensing.2w
  5. 13. A specially designated bank account in a firm’s name for funds held by the firm on behalf of clients, to keep those funds segregated from the firm’s own money.2w
  6. 14. An order issued by the Director of the Department of Licensing in a disciplinary action, to stop a violation of the license law.4w
  7. 15. The state statute that governs the licensing and business practices of real estate agents, along with the regulations issued by the Director of the Department of Licensing to implement that statute.2w
  8. 16. A person who is licensed to work for and represent a firm in real estate transactions.
Down
  1. 1. An advertisement placed by a real estate licensee that does not state the name of the firm as licensed (which is a violation of the license law).2w
  2. 2. A person who is licensed to represent a firm in real estate transactions and to supervise other licensees or a branch office.2w
  3. 4. The completed application form for a broker’s license, which serves as a temporary license until the permanent license is issued.2w
  4. 5. A business (including inventory and goodwill) that is for sale, where the transaction includes real property.2w
  5. 6. A broker or managing broker who is licensed under a particular firm.2w
  6. 8. Part of the records a designated broker is required to keep; the contracts and other documents connected with a particular transaction.2w
  7. 9. The person authorized to have full legal responsibility for a licensed real estate firm and its affiliated licensees.2w
  8. 10. A commission made up of the Director of the Department of Licensing and six commissioners who advise the Director.3w