WASHINGTON STATE MANAGING BROKER
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ S 14. Which of the following provides the strongest evidence of marketable
title?.
Answer: S 14. (c) Title insurance. A title insurance policy indemnifies the
policy holder against losses arising from defects in the title and is thus
generally accepted as the best evidence of marketability after a Torrens
certificate, which is not available in every jurisdiction. A signed deed is no
evidence of marketability, only of an intent to conveytitle. An attorney's
opinion and a title certificate, while forms of evidence of marketability, do
not guarantee clear title or offer any protection against a defective title.
◍ S 100. A residential tenant with a physical disability.
Answer: S 100. (b) is allowed, at the tenant's expense, to make
modifications to the premises. A residential landlord must allow a tenant
with a physical disability to make reasonable modifications at the tenant's
expense. The landlord can require the tenant to restore the interior of the
dwelling to thecondition that existed before the modification, reasonable
wear and tear excepted.
◍ S 96. A pamphlet on "The Law of Real Estate Agency" must be given to a
party to a transaction.
Answer: S 96. (a) before the party consents to dual agency. A pamphlet on
"The Law of Real Estate Agency" must be given to a party to a transaction
before the party signs an agency agreement with the broker, signs an offer in
a real estate transaction handled by the broker, consents to dual agency or
waives any rights.
◍ Which of the following is not required to be addressed in a designated
, broker written policy?.
Answer: Inter office Dispute resolution
◍ 14.6 A "material fact" is.
Answer: 14.6 (a) information that adversely affects the value of property. In
the real estate context, a material fact has a narrower meaning than
important information. The condition must be deleterious to the property's
market value.
◍ 13.17 Which of the following is a condition for a licensee to be retained as
an independent contractor?.
Answer: 13.17 (d) Substantially all of the licensee's compensation is for real
estate brokerage services provided by the firm. A licensee may be retained
as independent contractors if there is no written agreement with the broker
or managing broker that the licensee is an employee of the firm and
substantially all of the licensee's compensation is for services related to real
estate brokerage services provided by the firm.
◍ 14.8 A prospective "transaction" does not exist until.
Answer: 14.8 (c) one of the parties has signed an offer. Real estate
transaction or "transaction" means an actual or prospective transaction
involving a purchase, sale, option, or exchange of any interest in real
property or a business opportunity, or a lease or rental of real property. A
prospective transaction does not exist until a written offer has been signed
by at least one of the parties.
◍ First time renewal coursework.
Answer: New licensees complete 30 hours of advanced practice, 30 hours of
real estate law, 27 hours of CE, and the three-hour core course to renew.
Subsequent license renewal requires 27 hours of CE and the core course.
◍ 15.8 What action may a residential tenant take if a landlord, after proper
written notice, has failed to remedy a defective condition?.
Answer: 15.8 (a) The tenant may have the necessary repairs made from
properly licensed or registered individuals, and deduct the cost from rent. If,
after proper notice, a residential landlord fails to remedy a defective
, condition the tenant may have the repairs made by properly licensed or
registered individuals. Repair costs may be deducted from rent.
◍ Which of the following is not illegally designated property management
service?.
Answer: Social activities management
◍ 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
◍ 13.4 Who CANNOT supervise real estate brokers?.
Answer: 13.4 (c) a real estate broker. Only a designated broker, managing
broker, or branch manager may supervise real estate brokers. The designated
broker is responsible for the supervision of all licensees.
◍ 15.4 If a landlord intentionally fails to return a tenant's security deposit, the
tenant can recover a maximum of.
Answer: 15.4 (c) two times the deposit plus costs and attorney's fees. When
a tenant moves out the landlord must, within 21 days, return the tenant's
deposit along with a written statement of the basis for retaining all or a
portion of the deposit. If the landlord fails to deliver the statement the tenant
can recover the full deposit and up to 2 times the deposit plus costs and
attorney's fees for an intentional failure.
◍ S 41. The amount of available property that becomes occupied over a period
of time is called.
Answer: S 41. (b) absorption. Absorption is the amount of available property
that becomes occupied over a period of time, usually measured in square
feet.
◍ S 39. If a manufacturer that is the major employer in a small city moves its
operations to another city, it is reasonable to expect.
Answer: S 39. (b) a decline in demand for all types of real estate in the real
estate market. Businesses that support the departing company will lay off or
, fire new employees, causing some to leave town in search of work. Some of
these businesses may also have to cease operations. Hence the demand for
residential real estate, as well as for commercial and industrial, will decline,
and new construction will probably also halt until some other factor
increases demand again.
◍ S 63. Which of the following communication records must (as opposed to
should) be kept?.
Answer: S 63. (b) Copies of required communications to principals. Some
communications with transaction parties are good and necessary for
business. Others are required by law, and records of them must be
maintained for a statutory period. Required records typically include listing
agreements, offers, contracts, closing statements, agency agreements,
disclosure documents, correspondence and other communication records,
notes and any other relevant information.
◍ 14.13 Which of the following is NOT a duty of a seller's agent?.
Answer: 14.13 (d) advising the seller on legal and tax matters. Legal and tax
matters are beyond an agent's expertise. A seller's agent has a specific duty
to advise the seller to seek expert advice on matters relating to the
transaction that are beyond the agent's expertise.
◍ 12.22 Which of the following requires license endorsement from the DOL?.
Answer: 12.22 (a) Designated broker A designated broker must hold a
managing broker license with a designated broker endorsement from the
DOL. Similarly a branch manager must have a managing broker license
with a branch manager endorsement from the DOL
◍ 13.23 All advertising done by a real estate firm must include the firm's.
Answer: 13.23 (b) name or assumed name. All advertising, including
internet advertising, must include the firm's name or assumed name. Other
elements, including a logo, telephone number, and street address are often
included, but not specifically required.
◍ The relationship between a broker and a managing broker may be
terminated _________.
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ S 14. Which of the following provides the strongest evidence of marketable
title?.
Answer: S 14. (c) Title insurance. A title insurance policy indemnifies the
policy holder against losses arising from defects in the title and is thus
generally accepted as the best evidence of marketability after a Torrens
certificate, which is not available in every jurisdiction. A signed deed is no
evidence of marketability, only of an intent to conveytitle. An attorney's
opinion and a title certificate, while forms of evidence of marketability, do
not guarantee clear title or offer any protection against a defective title.
◍ S 100. A residential tenant with a physical disability.
Answer: S 100. (b) is allowed, at the tenant's expense, to make
modifications to the premises. A residential landlord must allow a tenant
with a physical disability to make reasonable modifications at the tenant's
expense. The landlord can require the tenant to restore the interior of the
dwelling to thecondition that existed before the modification, reasonable
wear and tear excepted.
◍ S 96. A pamphlet on "The Law of Real Estate Agency" must be given to a
party to a transaction.
Answer: S 96. (a) before the party consents to dual agency. A pamphlet on
"The Law of Real Estate Agency" must be given to a party to a transaction
before the party signs an agency agreement with the broker, signs an offer in
a real estate transaction handled by the broker, consents to dual agency or
waives any rights.
◍ Which of the following is not required to be addressed in a designated
, broker written policy?.
Answer: Inter office Dispute resolution
◍ 14.6 A "material fact" is.
Answer: 14.6 (a) information that adversely affects the value of property. In
the real estate context, a material fact has a narrower meaning than
important information. The condition must be deleterious to the property's
market value.
◍ 13.17 Which of the following is a condition for a licensee to be retained as
an independent contractor?.
Answer: 13.17 (d) Substantially all of the licensee's compensation is for real
estate brokerage services provided by the firm. A licensee may be retained
as independent contractors if there is no written agreement with the broker
or managing broker that the licensee is an employee of the firm and
substantially all of the licensee's compensation is for services related to real
estate brokerage services provided by the firm.
◍ 14.8 A prospective "transaction" does not exist until.
Answer: 14.8 (c) one of the parties has signed an offer. Real estate
transaction or "transaction" means an actual or prospective transaction
involving a purchase, sale, option, or exchange of any interest in real
property or a business opportunity, or a lease or rental of real property. A
prospective transaction does not exist until a written offer has been signed
by at least one of the parties.
◍ First time renewal coursework.
Answer: New licensees complete 30 hours of advanced practice, 30 hours of
real estate law, 27 hours of CE, and the three-hour core course to renew.
Subsequent license renewal requires 27 hours of CE and the core course.
◍ 15.8 What action may a residential tenant take if a landlord, after proper
written notice, has failed to remedy a defective condition?.
Answer: 15.8 (a) The tenant may have the necessary repairs made from
properly licensed or registered individuals, and deduct the cost from rent. If,
after proper notice, a residential landlord fails to remedy a defective
, condition the tenant may have the repairs made by properly licensed or
registered individuals. Repair costs may be deducted from rent.
◍ Which of the following is not illegally designated property management
service?.
Answer: Social activities management
◍ 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
◍ 13.4 Who CANNOT supervise real estate brokers?.
Answer: 13.4 (c) a real estate broker. Only a designated broker, managing
broker, or branch manager may supervise real estate brokers. The designated
broker is responsible for the supervision of all licensees.
◍ 15.4 If a landlord intentionally fails to return a tenant's security deposit, the
tenant can recover a maximum of.
Answer: 15.4 (c) two times the deposit plus costs and attorney's fees. When
a tenant moves out the landlord must, within 21 days, return the tenant's
deposit along with a written statement of the basis for retaining all or a
portion of the deposit. If the landlord fails to deliver the statement the tenant
can recover the full deposit and up to 2 times the deposit plus costs and
attorney's fees for an intentional failure.
◍ S 41. The amount of available property that becomes occupied over a period
of time is called.
Answer: S 41. (b) absorption. Absorption is the amount of available property
that becomes occupied over a period of time, usually measured in square
feet.
◍ S 39. If a manufacturer that is the major employer in a small city moves its
operations to another city, it is reasonable to expect.
Answer: S 39. (b) a decline in demand for all types of real estate in the real
estate market. Businesses that support the departing company will lay off or
, fire new employees, causing some to leave town in search of work. Some of
these businesses may also have to cease operations. Hence the demand for
residential real estate, as well as for commercial and industrial, will decline,
and new construction will probably also halt until some other factor
increases demand again.
◍ S 63. Which of the following communication records must (as opposed to
should) be kept?.
Answer: S 63. (b) Copies of required communications to principals. Some
communications with transaction parties are good and necessary for
business. Others are required by law, and records of them must be
maintained for a statutory period. Required records typically include listing
agreements, offers, contracts, closing statements, agency agreements,
disclosure documents, correspondence and other communication records,
notes and any other relevant information.
◍ 14.13 Which of the following is NOT a duty of a seller's agent?.
Answer: 14.13 (d) advising the seller on legal and tax matters. Legal and tax
matters are beyond an agent's expertise. A seller's agent has a specific duty
to advise the seller to seek expert advice on matters relating to the
transaction that are beyond the agent's expertise.
◍ 12.22 Which of the following requires license endorsement from the DOL?.
Answer: 12.22 (a) Designated broker A designated broker must hold a
managing broker license with a designated broker endorsement from the
DOL. Similarly a branch manager must have a managing broker license
with a branch manager endorsement from the DOL
◍ 13.23 All advertising done by a real estate firm must include the firm's.
Answer: 13.23 (b) name or assumed name. All advertising, including
internet advertising, must include the firm's name or assumed name. Other
elements, including a logo, telephone number, and street address are often
included, but not specifically required.
◍ The relationship between a broker and a managing broker may be
terminated _________.
