WASHINGTON STATE REAL ESTATE
CERTIFICATION SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
⩥ Certificate of Sale.
Answer: The document generally given to a purchaser at a tax
foreclosure sale. A certificate of sale does not convey title; generally, it
is an instrument certifying that the holder received title to the property
after the redemption period had passed and that the holder paid the
property taxes for that interim period.
⩥ Certificate of Title.
Answer: A statement of opinion on the status of the title ot a parcel of
real property based on an examination of specified public records.
⩥ Cession Deed.
Answer: The type of deed used when land is donated to the government.
⩥ Chain of TItle.
Answer: The succession of conveyances from some accepted starting
point whereby the present holder of real property derives a title.
⩥ Codicil.
,Answer: An addition to a will that alters, explains, adds to, or confirms
the will, but does not revoke it.
⩥ Coinsurance Clause.
Answer: A clause in insurance policies covering real property that
requires the policy holder to maintain fire insurance; coverage is
generally equal to at least 80 percent of the property's actual replacement
cost.
⩥ Collateral.
Answer: Something of value given or pledged to a lender as security for
a debt or obligation.
⩥ Commercial Property.
Answer: A classification of real estate that includes income-producing
properties.
⩥ Commingled Property.
Answer: That property of married couple that is so mixed or
commingled that it is difficult to determine whether it is separate or
community property. Commingled property becomes community
property.
⩥ Commingling.
, Answer: The illegal act of a real estate broker who mixes the money of
other people with that of his or her own; by law brokers are required to
maintain a separate trust account for the funds of other parties held
temporarily by the broker.
⩥ Common Elements.
Answer: Those parts of a property that are necessary or convenient to the
existence, maintenance, and safety of a condominium, or are normally
used in common by all of the condo residents. All condo owners have an
undivided ownership interest in the common elements.
⩥ Common Law.
Answer: The body of law based on custom, usage, and court decisions.
⩥ Community Property.
Answer: A system of property ownership based on the theory that each
spouse has an equal interest in the property acquired by the efforts of
either spouse during marriage.
⩥ Community Reinvestment Act.
Answer: A part of the Housing and Community Development passed in
1977. The purpose of the act is to prevent the practice of redlining and
disinvestment by lenders in certain areas of a city.
⩥ Comparables.
CERTIFICATION SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
⩥ Certificate of Sale.
Answer: The document generally given to a purchaser at a tax
foreclosure sale. A certificate of sale does not convey title; generally, it
is an instrument certifying that the holder received title to the property
after the redemption period had passed and that the holder paid the
property taxes for that interim period.
⩥ Certificate of Title.
Answer: A statement of opinion on the status of the title ot a parcel of
real property based on an examination of specified public records.
⩥ Cession Deed.
Answer: The type of deed used when land is donated to the government.
⩥ Chain of TItle.
Answer: The succession of conveyances from some accepted starting
point whereby the present holder of real property derives a title.
⩥ Codicil.
,Answer: An addition to a will that alters, explains, adds to, or confirms
the will, but does not revoke it.
⩥ Coinsurance Clause.
Answer: A clause in insurance policies covering real property that
requires the policy holder to maintain fire insurance; coverage is
generally equal to at least 80 percent of the property's actual replacement
cost.
⩥ Collateral.
Answer: Something of value given or pledged to a lender as security for
a debt or obligation.
⩥ Commercial Property.
Answer: A classification of real estate that includes income-producing
properties.
⩥ Commingled Property.
Answer: That property of married couple that is so mixed or
commingled that it is difficult to determine whether it is separate or
community property. Commingled property becomes community
property.
⩥ Commingling.
, Answer: The illegal act of a real estate broker who mixes the money of
other people with that of his or her own; by law brokers are required to
maintain a separate trust account for the funds of other parties held
temporarily by the broker.
⩥ Common Elements.
Answer: Those parts of a property that are necessary or convenient to the
existence, maintenance, and safety of a condominium, or are normally
used in common by all of the condo residents. All condo owners have an
undivided ownership interest in the common elements.
⩥ Common Law.
Answer: The body of law based on custom, usage, and court decisions.
⩥ Community Property.
Answer: A system of property ownership based on the theory that each
spouse has an equal interest in the property acquired by the efforts of
either spouse during marriage.
⩥ Community Reinvestment Act.
Answer: A part of the Housing and Community Development passed in
1977. The purpose of the act is to prevent the practice of redlining and
disinvestment by lenders in certain areas of a city.
⩥ Comparables.
