| “Imagine you receive notice that your firm is about to be audited by the Department of Licensing. You might ask, “What’s that got to do with me? That’s an administrative issue.” It has A LOT to do with you! The procedures and maintenance of your transaction folder are imperative in ensuring your firm thrives through an audit and that you stay out of hot water. In this week’s episode, we invited Bill Dutra and Cathy McDonald from the Department of Licensing to speak with WR Legal Hotline Lawyer, Annie Fitzsimmons, to explain what the Department of Licensing specifically looks for during an audit, especially as it pertains to a fully, signed PSA, earnest money, advertising, and more. Stay tuned each Friday throughout July for a new episode!” |
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