What is NOT a function of the Real Estate Brokerage Relationships Act?

The Real Estate Brokerage Relationships Act primarily focuses on outlining how agency relationships work within the realm of real estate transactions in Washington State. A significant aspect of this Act is to define the nature of the relationships between brokers and their clients, thereby guiding agency relationships effectively. This guidance helps brokers understand their duties and responsibilities towards clients and ensures transparent dealings in real estate practices.

Additionally, the Act lays down the roles and responsibilities of brokers, ensuring that all parties involved in a transaction understand what is expected of them, thereby promoting accountability and professionalism in the field. Furthermore, the Act works to define the legal framework surrounding real estate agency, helping all participants navigate the complexities of real estate laws.

On the other hand, while the Real Estate Brokerage Relationships Act promotes proper agency relationships and outlines responsibilities for compliance, it does not inherently set penalties for non-compliance. Instead, penalties for violations of real estate laws, including parts of the Act, may be addressed in broader legislation or other regulatory frameworks. Thus, the function of setting penalties is not a direct responsibility of the Act itself, making it the correct answer in this context.