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Code · Washington · Title 18 — Businesses and Professions · Chapter 18.85

RCW 18.85.471

315 words·~1 min read·/wa/title-18/chapter-18-85/18-85-471·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)The purpose of a real estate research center in Washington state is to provide credible research, value-added information, education services, and project-oriented research to real estate licensees, real estate consumers, real estate service providers, institutional customers, public agencies, and communities in Washington state and the Pacific Northwest region. The center may:
(a)Conduct studies and research on affordable housing and strategies to meet the affordable housing needs of the state;
(b)Conduct studies in all areas directly or indirectly related to real estate and urban or rural economics and economically isolated communities;
(c)Disseminate findings and results of real estate research conducted at or by the center or elsewhere, using a variety of dissemination media;
(d)Supply research results and educational expertise to the Washington state real estate commission to support its regulatory functions, as requested;
(e)Prepare information of interest to real estate consumers and make the information available to the general public, universities, or colleges, and appropriate state agencies;
(f)Encourage economic growth and development within the state of Washington;
(g)Support the professional development and continuing education of real estate licensees in Washington;
(h)Study and recommend changes in state statutes relating to real estate; and
(i)Develop a vacancy rate standard for low-income housing in the state.
(2)The director shall establish a memorandum of understanding with an institution of higher learning that establishes a real estate research center for the purposes under subsection
(1)of this section.
(3)This section expires September 30, 2035.
[ 2025 c 362 s 3 ; 2015 c 175 s 3 ; 2010 c 156 s 3 ; 2005 c 185 s 3 ; 2002 c 294 s 5 ; 1999 c 192 s 3 . Formerly RCW 18.85.540 .]
Notes:
Effective date — 2010 c 156: See note following RCW 18.85.451 .
Findings — 2002 c 294: See note following RCW 36.18.010 .
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