WA Real Estate License Exam 2026-2027 Test
Bank 4 | Washington Real Estate License Test
Prep 2026-2027 with a Review of 300 Real Exam
Questions and Correct Answers
Tina applied for a Washington broker's license after her license in Wyoming was
revoked. The DOL denied her application, and Tina requested a review. If the
director decides to review the matter, can a brief adjudicative hearing be used to
resolve the issue? - ANSWER-Yes. A brief hearing process can be used for
licensee or applicant issues.
In Washington real estate, DOL stands for ______. - ANSWER-Department of
Licensing
Firm names in Washington must be unique, which means they can't be similar to
the name of any other national firm or local firm in the same area, and they should
not be misleading in any way. Which of the following would be most appropriate
for a small, local firm? - ANSWER-Perfectly at Home Real Estate
The primary purpose of the Real Estate Settlement Procedures Act is to ensure that
Washington buyers ______. - ANSWER-Know all settlement costs up front
Who provides real estate-specific information in a Washington disciplinary
investigation? - ANSWER-A member or members of the commission
In Washington, an agency's duties are determined by ______. - ANSWER-Statute
1
,In order for a licensed firm to share commissions with another firm, what must be
true of the second firm? - ANSWER-It must be licensed to do business with the
original firm.
Tera opened her own brokerage firm, and she's working within a strict budget. She
opens a checking account that she uses for both operating funds and to hold earnest
money deposits. This is an illegal practice called ______. - ANSWER-
Commingling
Which of the following requirements would a Washington licensee renewing for
the first time be required to complete that isn't required for a second renewal? -
ANSWER-30 hours of advanced practice
Which of the following statements about an expired real estate license in
Washington is correct? - ANSWER-Expired licenses are considered inactive until
renewal is complete.
Carlotta is performing brokerage duties in Washington though she doesn't yet have
her real estate license. What provision in Washington's licensing law permits
Carlotta to do this? - ANSWER-If she's passed her licensing exam and submitted
all application materials, she can work under a temporary license.
Howard is a managing broker in Spokane. His licensees, Jane and John, represent
two sides in a single transaction. Jane represents the seller; John represents the
buyer. What role does Howard play in this transaction? - ANSWER-Howard is a
dual agent for both the buyer and the seller.
Harrison is the buyer's agent for a transaction in which Mary, who works for a
different Washington brokerage, is listing the house for seller Graham. From
whom will Harrison receive his compensation? - ANSWER-From his own
brokerage
2
,In addition to the required education and experience to request a substitution, what
must applicants for a Washington managing broker's license submit with the
application? - ANSWER-Detailed resume
How much real estate practice experience must a Washington broker have to
become a managing broker? - ANSWER-Three years
You're representing Abe and Burt in a dual agency situation. Abe tells you
something that would give Burt a distinct advantage if he knew. Do you tell Burt? -
ANSWER-No, because you can't share one client's confidential information with
another client.
Golden Years Realty elects to use closing and title companies to manage earnest
money deposits. Jessica, a broker with Golden Years, gets a receipt from Equity
Title for an earnest money deposit from a buyer. What must she do with the
receipt? - ANSWER-Present it to the firm's designated broker for placement in the
transaction file.
Terry represents Farrah, the seller of a property in Seattle. Michael is representing
Troy, the buyer. Who is/are the principal(s) in this transaction? - ANSWER-
Farrah and Troy
A Washington managing broker is allowed to complete certain tasks related to
licensee supervision, but only if those tasks are ______ by the designated broker. -
ANSWER-Delegated
Tracy, a Washington broker, is working with buyers on two transactions. Both
buyers want to look at houses all day on the coming Saturday. Tracy asks her
brother, who's also a broker, to show homes to one of the buyers, saying she'll give
him part of her commission as a referral fee when the buyers purchase a home.
3
, Which of the following statement about this is true? - ANSWER-Tracy can pay a
referral fee to her brother as long as the payment is processed through her
brokerage firm.
Which of these is an example of commingling in Washington? - ANSWER-
Mixing earnest money with personal funds
How long must confidential information remain confidential? - ANSWER-Forever
In Washington, designated brokers may delegate some of their responsibilities, but
these delegations must be ______. - ANSWER-Made in writing
Terrance is a managing broker in Washington. He's moving to a new firm. What
does he have to do to transfer his license? - ANSWER-Use the same process as a
broker.
What are the three primary acts that impact mortgage loan disclosure? -
ANSWER-RESPA, TILA, and Dodd-Frank
Jenny is a Washington property manager who's preparing a budget for property
repairs and improvements, which is a(n) ______ budget. - ANSWER-Capital
reserve
Kayleigh is closing on the house she's purchasing on Wednesday. Which of these
statements is true? - ANSWER-The lender must provide the Closing Disclosure
by Friday of the week before closing.
You decide to take the earnest money deposit you've been given and place it in
your personal account until it is needed at the final closing. What violation have
you committed? - ANSWER-Mishandling funds
4
Bank 4 | Washington Real Estate License Test
Prep 2026-2027 with a Review of 300 Real Exam
Questions and Correct Answers
Tina applied for a Washington broker's license after her license in Wyoming was
revoked. The DOL denied her application, and Tina requested a review. If the
director decides to review the matter, can a brief adjudicative hearing be used to
resolve the issue? - ANSWER-Yes. A brief hearing process can be used for
licensee or applicant issues.
In Washington real estate, DOL stands for ______. - ANSWER-Department of
Licensing
Firm names in Washington must be unique, which means they can't be similar to
the name of any other national firm or local firm in the same area, and they should
not be misleading in any way. Which of the following would be most appropriate
for a small, local firm? - ANSWER-Perfectly at Home Real Estate
The primary purpose of the Real Estate Settlement Procedures Act is to ensure that
Washington buyers ______. - ANSWER-Know all settlement costs up front
Who provides real estate-specific information in a Washington disciplinary
investigation? - ANSWER-A member or members of the commission
In Washington, an agency's duties are determined by ______. - ANSWER-Statute
1
,In order for a licensed firm to share commissions with another firm, what must be
true of the second firm? - ANSWER-It must be licensed to do business with the
original firm.
Tera opened her own brokerage firm, and she's working within a strict budget. She
opens a checking account that she uses for both operating funds and to hold earnest
money deposits. This is an illegal practice called ______. - ANSWER-
Commingling
Which of the following requirements would a Washington licensee renewing for
the first time be required to complete that isn't required for a second renewal? -
ANSWER-30 hours of advanced practice
Which of the following statements about an expired real estate license in
Washington is correct? - ANSWER-Expired licenses are considered inactive until
renewal is complete.
Carlotta is performing brokerage duties in Washington though she doesn't yet have
her real estate license. What provision in Washington's licensing law permits
Carlotta to do this? - ANSWER-If she's passed her licensing exam and submitted
all application materials, she can work under a temporary license.
Howard is a managing broker in Spokane. His licensees, Jane and John, represent
two sides in a single transaction. Jane represents the seller; John represents the
buyer. What role does Howard play in this transaction? - ANSWER-Howard is a
dual agent for both the buyer and the seller.
Harrison is the buyer's agent for a transaction in which Mary, who works for a
different Washington brokerage, is listing the house for seller Graham. From
whom will Harrison receive his compensation? - ANSWER-From his own
brokerage
2
,In addition to the required education and experience to request a substitution, what
must applicants for a Washington managing broker's license submit with the
application? - ANSWER-Detailed resume
How much real estate practice experience must a Washington broker have to
become a managing broker? - ANSWER-Three years
You're representing Abe and Burt in a dual agency situation. Abe tells you
something that would give Burt a distinct advantage if he knew. Do you tell Burt? -
ANSWER-No, because you can't share one client's confidential information with
another client.
Golden Years Realty elects to use closing and title companies to manage earnest
money deposits. Jessica, a broker with Golden Years, gets a receipt from Equity
Title for an earnest money deposit from a buyer. What must she do with the
receipt? - ANSWER-Present it to the firm's designated broker for placement in the
transaction file.
Terry represents Farrah, the seller of a property in Seattle. Michael is representing
Troy, the buyer. Who is/are the principal(s) in this transaction? - ANSWER-
Farrah and Troy
A Washington managing broker is allowed to complete certain tasks related to
licensee supervision, but only if those tasks are ______ by the designated broker. -
ANSWER-Delegated
Tracy, a Washington broker, is working with buyers on two transactions. Both
buyers want to look at houses all day on the coming Saturday. Tracy asks her
brother, who's also a broker, to show homes to one of the buyers, saying she'll give
him part of her commission as a referral fee when the buyers purchase a home.
3
, Which of the following statement about this is true? - ANSWER-Tracy can pay a
referral fee to her brother as long as the payment is processed through her
brokerage firm.
Which of these is an example of commingling in Washington? - ANSWER-
Mixing earnest money with personal funds
How long must confidential information remain confidential? - ANSWER-Forever
In Washington, designated brokers may delegate some of their responsibilities, but
these delegations must be ______. - ANSWER-Made in writing
Terrance is a managing broker in Washington. He's moving to a new firm. What
does he have to do to transfer his license? - ANSWER-Use the same process as a
broker.
What are the three primary acts that impact mortgage loan disclosure? -
ANSWER-RESPA, TILA, and Dodd-Frank
Jenny is a Washington property manager who's preparing a budget for property
repairs and improvements, which is a(n) ______ budget. - ANSWER-Capital
reserve
Kayleigh is closing on the house she's purchasing on Wednesday. Which of these
statements is true? - ANSWER-The lender must provide the Closing Disclosure
by Friday of the week before closing.
You decide to take the earnest money deposit you've been given and place it in
your personal account until it is needed at the final closing. What violation have
you committed? - ANSWER-Mishandling funds
4
