with a Review of 260 Recent Exam Questions and
Correct Answers with Explanations/ WA Real Estate
License Exam 2026-2027 Test Bank 1 (new!)
Which of the following is not requirement for a broker's license in the state of
Washington?
A. College diploma
B. Age 18 or older
C. Pass a state license examination
D. Complete 90 hours of pre-license education - ANSWER-A. College Diploma
A college diploma is not a requirement for a broker's license
A Washington real estate licensee's license has expired because he did not pay his
license fee as required. His license can be reinstated if he:
A. completes an additional 30 hours of continuing education electives
B. obtains special permission from the Director of the Department of Licensing
C. pays back the renewal fees, plus penalties
D. retakes the real estate exam - ANSWER-C. pays back renewal fees, plus
penalties
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,A license that hasn't been properly renewed will expire. It can be reinstated within
one year of the expiration, if the licensee pays a penalty and any back fees
Real Estate transaction records should be kept for a minimum of:
A. one year
B. two years
C. three years
D. four years - ANSWER-C. three years
Transaction records should be kept for at least three years after the transaction
closes
Washington state's real estate agency law does not address which of the following?
A. Definition of dual agency
B. Creation and termination of agency relationships
C. vicarious liability of principal and licensee
D. Penalties for not disclosing agency status - ANSWER-D. Penalties for not
disclosing agency status
Washington's real estate agency law is found in the Real Estate Brokerage
Relationships Act (RWC chapter 18:86). It addresses the topics listed in answers
A-C (definition of dual agency, creation and termination of agency, and vicarious
liability), but there is no reference in the law to penalties for not disclosing agency
status. Penalties are found in the license law (RCW chapter 18:85).
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,An affiliated licensee rarely works in the firm's main office. The records for the
licensee's transactions must be kept in:
A. the licensee's personal files
B. the firm's office
C. both the licensee's personal files and the firm's office
D. in the licensee's personal files until closing, then at the firm's office -
ANSWER-B. the firm's office
A firm must keep all records at its main office or branch office. While I may be
advantageous for a licensee who is rarely in the office to keep copies of the records
for personal reference, the law makes the firm ultimately responsible for the
custody and accuracy of all required records.
A licensee would not be disciplined for:
A. accepting compensation from both parties in a transaction without a written
disclosure
B. failing to adequately supervise an employee who misrepresents a property to a
prospect
C. failing to include the firm's name, as licensed, in an advertisement
D. offering to advertise a property, for a fee, for a "For Sale by Owner" seller -
ANSWER-D. offering to advertise a property, for a fee, for a "For Sale by Owner"
seller
It's legal for a real estate licensee to solicit business from a "For Sale by Owner"
seller. If the FSBO seller agrees that the licensee will help sell the property by
advertising it on the MLS and elsewhere, in exchange for a fee, then the seller and
licensee would simply enter into a listing agreement. (in addition, the other three
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, options can be discarded via process of elimination. Undisclosed dual agencies,
failure to supervise employees, and blind ads are all illegal.)
A real estate license is needed for all these individuals, except:
A. home inspector
B. timeshare resale agent
C. commercial leasing agent
D. agent selling recreational real estate - ANSWER-A. home inspector
A home inspector is not directly involved in representing others in the process of
buying, selling, leasing, or advertising real property, so an inspector does not need
a real estate license.
A buyer purchases a rental home that is fully furnished. The document used to
transfer title to the furniture is:
a. quitclaim deed
b. bill of sale
c. special warranty deed
d. general warranty deed - ANSWER-b. bill of sale
Deeds transfer title to real estate, a bill of sale is generally needed to transfer title
to personal property.
Ben receives a life estate in a property, with his nephew Will designated as the
remainderman. When Ben dies, what kind of interest does Will receive?
A. Fee Simple Estate
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