Real Estate Exam (60hr) Study Guide
Questions and Accurate Answers 2026
Updated.
The title search that occurs after the date of the first search of a seller's property title is called
A)
the abstract of title.
B)
the attorney's opinion of title.
C)
the bring down.
D)
the affidavit of title - Answer the bring down
The managing broker receives an earnest money deposit with a written offer to purchase that
includes a 10-day acceptance clause. On the fifth day, before the offer is accepted, the buyer
notifies the managing broker that she is withdrawing the offer and demands the return of her
earnest money deposit. In this situation,
A)
the buyer cannot withdraw the offer because it must be held open for the full 10 days.
B)
the managing broker declares the deposit forfeited and retains it for his services.
C)
the seller and the managing broker have the right to each retain one-half of the deposit.
D)
the buyer has the right to revoke the offer at any time until it is accepted and recover the
earnest money. - Answer The answer is buyer has the right to revoke the offer at any time
until it is accepted and recover the earnest money. The offeror (the buyer) may revoke the offer
at any time before the offer is accepted, even if the person making the offer agreed to keep the
offer open for a set period of time. At that point, the earnest money deposit should be refunded
to the buyer.
In a situation where a homeowner conveys property to her uncle with a deed, and then the
uncle records the deed, when did title to the property actually transfer or pass to the uncle?
,A)
Upon delivery and acceptance of the contract
B)
Upon delivery and acceptance of the deed
C)
Upon recording of the deed
D)
Upon the delivery of consideration - Answer The answer is upon delivery and acceptance of
the deed. Title is transferred upon delivery and acceptance of the deed. At that moment, the
deed is binding between the parties. When the uncle later records the deed, he is then
protected against claims of third parties. Contracts do not transfer title. A valid deed must
contain a clause acknowledging that the grantor has received consideration, but the
consideration in itself does not transfer the title to the property.
A lease agreement is signed by a lessee who is 16 years of age. Which of the following is TRUE?
A)
A 16-year-old person cannot sign a lease.
B)
The lease agreement is valid provided the security deposit is increased.
C)
The lease agreement is voidable.
D)
The lease agreement is void. - Answer The answer is THE LEASE AGREEMENT IS VOIDABLE. A
16-year-old person can sign a contract, but because the lessee is a minor, the lease is voidable
If the seller does NOT know the answer to a question on the Washington property disclosure
form, he should
A)
enter an answer that is likely to be correct.
B)
leave the space blank.
C)
answer "don't know."
D)
put a bold black line through the space. - Answer ?
,The terms of a residential lease require the landlord to maintain the water heater. If a tenant is
unable to get hot water to her apartment because of a faulty water heater that the landlord has
failed to repair after repeated notifications, the tenant could do all of the following EXCEPT
A)
abandon the premises claiming constructive eviction.
B)
sue the landlord for damages.
C)
terminate the lease agreement.
D)
sue the landlord for breach of quiet enjoyment. - Answer sue the landlord for damages.
The town of Meadowvale enacts a new zoning ordinance. Under the new ordinance ,
commercial buildings are not permitted within 1,000 feet of Robin Lake. A commercial building
built years before on the lakeshore but permitted to continue in its former use operates as
A)
a special use.
B)
a variance.
C)
an adverse possession.
D)
a nonconforming use. - Answer a nonconforming use.
Under the provisions of Washington's Escrow Agent Registration Act, only those who have been
issued which of the following by the Director of financial institutions can be escrow agents?
A)
Real estate salesperson's broker's license
B)
Escrow license
C)
Certificate of registration
, D)
Real estate designated broker's license - Answer ?
Claire has just made the final payment to her lender for her home's mortgage. However, a lien
on her property will remain until the lender records
A)
an alienation of mortgage.
B)
a satisfaction of mortgage.
C)
a reconveyance of mortgage.
D)
a reversion of mortgage. - Answer the answer is SATISFACTION OF MORTGAGE. A satisfaction
of mortgage, also known as a release or discharge, is executed by the lender when the note has
been fully paid. This document returns to the borrower all interest in the real estate originally
conveyed to the lender. This release must be recorded in the public record to show that the
debt has been removed from the property.
Gretchen is a widow with no children who owns property that she devises by her will to her
favorite niece. After Gretchen dies, when will full title and possession of the property pass to
her niece?
A)
After the niece has paid all inheritance taxes
B)
When the niece executes a new deed to the property
C)
Immediately upon the widow's death
D)
After the widow's will has been probated - Answer The answer is after the widow's will has
been probated. While legally the ownership of the property passes to the niece upon the
widow's death, full title and possession of the property requires probate. Probate is a legal
proceeding verifying the validity of a will and accounting for the decedent's assets.
Which of the following is NOT required for a deed to be valid?
A)
Questions and Accurate Answers 2026
Updated.
The title search that occurs after the date of the first search of a seller's property title is called
A)
the abstract of title.
B)
the attorney's opinion of title.
C)
the bring down.
D)
the affidavit of title - Answer the bring down
The managing broker receives an earnest money deposit with a written offer to purchase that
includes a 10-day acceptance clause. On the fifth day, before the offer is accepted, the buyer
notifies the managing broker that she is withdrawing the offer and demands the return of her
earnest money deposit. In this situation,
A)
the buyer cannot withdraw the offer because it must be held open for the full 10 days.
B)
the managing broker declares the deposit forfeited and retains it for his services.
C)
the seller and the managing broker have the right to each retain one-half of the deposit.
D)
the buyer has the right to revoke the offer at any time until it is accepted and recover the
earnest money. - Answer The answer is buyer has the right to revoke the offer at any time
until it is accepted and recover the earnest money. The offeror (the buyer) may revoke the offer
at any time before the offer is accepted, even if the person making the offer agreed to keep the
offer open for a set period of time. At that point, the earnest money deposit should be refunded
to the buyer.
In a situation where a homeowner conveys property to her uncle with a deed, and then the
uncle records the deed, when did title to the property actually transfer or pass to the uncle?
,A)
Upon delivery and acceptance of the contract
B)
Upon delivery and acceptance of the deed
C)
Upon recording of the deed
D)
Upon the delivery of consideration - Answer The answer is upon delivery and acceptance of
the deed. Title is transferred upon delivery and acceptance of the deed. At that moment, the
deed is binding between the parties. When the uncle later records the deed, he is then
protected against claims of third parties. Contracts do not transfer title. A valid deed must
contain a clause acknowledging that the grantor has received consideration, but the
consideration in itself does not transfer the title to the property.
A lease agreement is signed by a lessee who is 16 years of age. Which of the following is TRUE?
A)
A 16-year-old person cannot sign a lease.
B)
The lease agreement is valid provided the security deposit is increased.
C)
The lease agreement is voidable.
D)
The lease agreement is void. - Answer The answer is THE LEASE AGREEMENT IS VOIDABLE. A
16-year-old person can sign a contract, but because the lessee is a minor, the lease is voidable
If the seller does NOT know the answer to a question on the Washington property disclosure
form, he should
A)
enter an answer that is likely to be correct.
B)
leave the space blank.
C)
answer "don't know."
D)
put a bold black line through the space. - Answer ?
,The terms of a residential lease require the landlord to maintain the water heater. If a tenant is
unable to get hot water to her apartment because of a faulty water heater that the landlord has
failed to repair after repeated notifications, the tenant could do all of the following EXCEPT
A)
abandon the premises claiming constructive eviction.
B)
sue the landlord for damages.
C)
terminate the lease agreement.
D)
sue the landlord for breach of quiet enjoyment. - Answer sue the landlord for damages.
The town of Meadowvale enacts a new zoning ordinance. Under the new ordinance ,
commercial buildings are not permitted within 1,000 feet of Robin Lake. A commercial building
built years before on the lakeshore but permitted to continue in its former use operates as
A)
a special use.
B)
a variance.
C)
an adverse possession.
D)
a nonconforming use. - Answer a nonconforming use.
Under the provisions of Washington's Escrow Agent Registration Act, only those who have been
issued which of the following by the Director of financial institutions can be escrow agents?
A)
Real estate salesperson's broker's license
B)
Escrow license
C)
Certificate of registration
, D)
Real estate designated broker's license - Answer ?
Claire has just made the final payment to her lender for her home's mortgage. However, a lien
on her property will remain until the lender records
A)
an alienation of mortgage.
B)
a satisfaction of mortgage.
C)
a reconveyance of mortgage.
D)
a reversion of mortgage. - Answer the answer is SATISFACTION OF MORTGAGE. A satisfaction
of mortgage, also known as a release or discharge, is executed by the lender when the note has
been fully paid. This document returns to the borrower all interest in the real estate originally
conveyed to the lender. This release must be recorded in the public record to show that the
debt has been removed from the property.
Gretchen is a widow with no children who owns property that she devises by her will to her
favorite niece. After Gretchen dies, when will full title and possession of the property pass to
her niece?
A)
After the niece has paid all inheritance taxes
B)
When the niece executes a new deed to the property
C)
Immediately upon the widow's death
D)
After the widow's will has been probated - Answer The answer is after the widow's will has
been probated. While legally the ownership of the property passes to the niece upon the
widow's death, full title and possession of the property requires probate. Probate is a legal
proceeding verifying the validity of a will and accounting for the decedent's assets.
Which of the following is NOT required for a deed to be valid?
A)
