PACKAGE DEAL FOR Washington State Real Estate Broker Exam Correct Questions & Answers(FULL PACK SOLUTIONS)EXAM BUNDLE

Which of the following best describes the difference between building codes and zoning regulations? - ANSWERSBuilding codes affect improvements on the property; zoning regulations control the use of real property A independent contractor relationship between a real estate brokerage firm and a lic...

Deed in lieu of foreclosure - ANSWERSYin Lee is an owner of several properties as well as a relatively high profile individual. In order for Yin Lee to attempt to avoid a possible foreclosure from becoming a matter of public record by being recorded, Yin Lee would want to give the lender a: A rea...

when does the real estate agent give the seller's a copy of their listing agreement form? - ANSWERSimmediately what are the elements needed for a valid purchase and sales agreement? - ANSWERSconsideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest mon...

In Washington, how many hours of coursework must an applicant complete before applying for a managing broker's license? - ANSWERS90 days How often does a Washington real estate firm's license expire? - ANSWERSEver two years In Washington, licensees renewing for the first time will complete _...

Pre-licensing edu # of hours - ANSWERS90 hours Audits on Trust accounts - ANSWERSevery 3 years Continuting Ed - ANSWERS60 hours Managing Broker needs __ years experience - ANSWERS3 years Security Deposit Returns - ANSWERS21 days First time renewal coursework - ANSWERSNew licensees com...

Qualifications for wa state real estate commission - ANSWERS5 years of experience performing real estate brokerage services in this state or 3 years experience in investigative work of a similar nature, preferably in relation to the administration of real estate license law in Washington or elsewher...

Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following statements best describes the deposit of this trust money? Rebecca may deposit it in the firm's regular trust account. Rebecca must deposit it in an individual trust account set up for just this client....

Three - ANSWERSCandidates for a Washington commission seat must have five years of brokerage experience or ______ years of experience in a related investigative position. The REALTOR® Code of Ethics - ANSWERSRachel, a REALTOR®, is transferring her Washington broker's license to a new firm. She...

Who is responsible for administration of real estate license law? - ANSWERSWashington State Department of licensing Who is in charge of the divisions with the department? - ANSWERSThe Director, and the department of licensing Who employs the Director and all Real Estate Division Staff? - ANSWE...

WA Surplus Lines Broker Exam Correct Questions & Answers!!

life estate pur autre vie - ANSWERSa person who gets a life estate BUT the measuring life is someone else other than the life tenant. "for another life" covenant of seisin - ANSWERSprotects the buyer in the case of other claims to the property. It promises that the grantor actually owns the pro...

1 Tract - ANSWERS24 miles x 24 miles = 576 square miles = 16 townships 1 Township - ANSWERS6 miles x 6 miles = 36 square miles = 36 sections 1 Section - ANSWERS1 mile x 1 mile = 1 sq mile = 640 acres 1 Acre - ANSWERS43,560 sq feet = 160 sq rods 1 Square Acre - ANSWERS208.71 ft x 208.71 f...

When is a Washington real estate license required? a. When performing maintenance work for one property owner b. When performing real estate activities for others, for compensation of any kind c. When performing real estate activities for others, without compensation d. When performing real es...

What is the minimum score required for passing the real estate broker's test? - ANSWERSYou need a scaled score of 70% A purchaser signing a sales agreement for real property should be given his copy of the offer ____ - ANSWERSImmediately After a transaction has closed, the broker must___ - AN...