18.86.070 Duration of agency relationship.

WA Rev Code § 18.86.070 (2019) (N/A)
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RCW 18.86.070 Duration of agency relationship.

(1) The agency relationships set forth in this chapter commence at the time that the broker undertakes to provide real estate brokerage services to a principal and continue until the earliest of the following:

(a) Completion of performance by the broker;

(b) Expiration of the term agreed upon by the parties;

(c) Termination of the relationship by mutual agreement of the parties; or

(d) Termination of the relationship by notice from either party to the other. However, such a termination does not affect the contractual rights of either party.

(2) Except as otherwise agreed to in writing, a broker owes no further duty after termination of the agency relationship, other than the duties of:

(a) Accounting for all moneys and property received during the relationship; and

(b) Not disclosing confidential information.

[ 2013 c 58 § 8; 1997 c 217 § 5; 1996 c 179 § 7.]

NOTES:

Real estate agency pamphlet—1997 c 217 §§ 1-6: See note following RCW 18.86.120.

Effective date—1997 c 217 §§ 1-6 and 8: See note following RCW 18.86.020.