In Washington, what is a requirement for a property manager acting on behalf of an owner?

Prepare for the Washington Advanced Real Estate Exam. Utilize flashcards and multiple choice questions with explanations to increase your understanding and improve your chances of success. Study efficiently and excel in your exam!

In Washington, property managers must have written consent from the owner for all contracts they enter into on behalf of the owner. This requirement ensures that property managers are acting within the authority granted to them by the owner and helps protect the interests of both parties. Written consent establishes clear communication and expectations regarding the management of the property, making it a critical part of the property management relationship.

This requirement also ensures accountability and transparency in the business dealings of the property manager. By having the owner's written consent, the property manager can avoid conflicts of interest and ensure that they are making decisions that align with the owner's wishes.

The other options detail practices that are not mandated in the same way. For instance, while handling tenant disputes is part of a property manager's role, it is not a strict requirement that they do so in person, as these disputes can often be managed through other means. A property manager does not always need to be licensed as a broker; they may operate under a licensed broker, depending on the specific requirements of their role. Finally, property managers typically have the right to hold funds in trust, provided they do so in accordance with the laws governing property management in Washington.

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