between the terms of a Licensee’s ICA and the policies and procedures set forth in this Manual, the terms of the ICA will be controlling unless doing so would result in a violation of law or regulation. If an independent contractor, Licenses are responsible for their own business activities and efforts and must secure and maintain all business licenses required by Washington State. Licensees are responsible for maintaining the necessary personal financial records for purposes of reporting income for state and federal tax requirements. Real estate license law requires the designated broker to supervise and control the real estate brokerage activity of Licensees. Licensees acknowledge that such control and supervision apply only to those activities real estate license law requires the Company to supervise and control. Licensees understand they remain solely responsible for the conduct of their own business affairs. Licensees shall have no authority to bind or commit Firm to any contract, promise or course of action without the prior authorization of Firm. Licensees, acting as licensed salespersons performing real estate brokerage services, are authorized to execute commission agreements and other documents binding Firm only when approved by Firm in advance. Licensees shall have no authority to vary the terms of agreements made on behalf of Firm, including commission or compensation terms, from those previously approved by Firm without first obtaining Firm’s express consent. Referral to Home Inspectors All licensees shall comply with Washington laws and rules regarding the referral of home inspectors. In accordance with regulations adopted by the Washington State Department of Licensing (“DOL”), the following policy shall be adhered to:
1.
For this policy, the following definitions apply:
a) A "Property Inspector" includes any person or entity providing or offering to provide inspection services in connection with any aspect of a real estate transaction. b) "Relationship" or "Relationship with an Inspector" shall refer to any relationship a Licensee might have or had in the past. For purposes of this provision, a Relationship includes any Familial Relationship and any Business Relationships.
c) "Familial Relationship" includes any family relationship.
d) "Business Relationship" refers to instances where a licensee has an existing or prior business relationship with an inspector previously. A Business Relationship would include situations where a Firm receives
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