Real Estate Transactions — Definition of Real Estate Transaction

by Gregory Williams, Esq. | Under Washington State Human Rights Commission (WSHRC) Real Estate Transactions Regulations, what is the definition of “real estate transaction“? Here’s my point of view (NOTE: please read our DISCLAIMER before proceeding).

THE STATUTORY AUTHORITY (RCW)

RCW 49.60.120(3) is the statutory authority enabling the WSHRC to define the term “real estate transaction.” See WAC 162-36-001WA State Legislature Website (bottom of page body). The statute declares that the WSHRC has “the function[], power[], and dut[y] … [t]o adopt, amend, and rescind suitable rules to carry out the provisions of this chapter, and the policies and practices of the commission in connection therewith.” RCW 49.60.120(3) (hyperlinks added). Additional enabling authority is provided under RCW 49.60.240.

REAL ESTATE TRANSACTIONS — DEFINITION REAL ESTATE TRANSACTION

WAC 162-36-001 is the relevant regulation, and it defines the term “real estate transaction” as follows:

(4) “Real estate transaction” includes the sale, appraisal, brokering, exchange, purchase, rental, or lease of real property; transacting or applying for a real estate loan; the provision of brokerage services; or the making or purchasing of loans secured by residential real estate[.]

WAC 162-36-001(4) (emphasis added) (hyperlinks added).

LEARN MORE

If you would like to learn more, then consider contacting an experienced Washington State Employment Discrimination Attorney as soon as possible to discuss your case. Please note: the information contained in this article is not offered as legal advice and will not form an attorney-client relationship with Law Office of Gregory A. Williams, P.S., Inc.; Williams Law Group, PS; or the author of this article. Please see our DISCLAIMER.

–gw

Author: Gregory Williams, Esq.

Juris Doctor. Admitted to the U.S. Supreme Court; U.S. Court of Federal Claims; U.S. District Court Western District of WA; and all Washington State Courts. Member of the Federal Bar Association; Tacoma-Pierce County Bar Association; WA Association for Justice; WA Defender Association; WA State Bar Association. Conflict Panel Attorney (Pierce County Department of Assigned Counsel).