WASHINGTON
Real Estate Exam Practice Questions | Comprehensive
State Exam Prep with Answers & Detailed Explanations
This Exam Includes
• Washington State Real Estate Exam preparation
Practice questions
Correct answers
Detailed explanations
Washington real estate law
,Washington Real Estate Exam Practice Questions
| Comprehensive State Exam Prep with Answers
& Detailed Explanations
1. Who uses the purchase contract to gather closing-related
information and ensure the closing process follows the parties’
wishes?
A. Closing agent
B. Buyer’s lender
C. Listing agent
D. Title officer
Answer: A
Rationale: The closing agent coordinates settlement and ensures
closing follows the contract terms.
2. When must lenders provide borrowers with a disclosure
statement regarding finance charges, APR, etc.?
A. At loan application or within three days after loan application
B. At closing
C. Within 30 days after closing
D. Only upon request
Answer: A
, Rationale: Early disclosure rules require this at application or
within three business days.
3. Which lease includes taxes, insurance, and maintenance as part
of the lease payment?
A. Gross lease
B. Net lease
C. Percentage lease
D. Ground lease
Answer: A
Rationale: In a gross lease, the landlord pays property expenses
and the tenant pays one gross rent.
4. When is a cease-and-desist order effective?
A. Immediately upon issuance
B. After 30 days
C. After appeal
D. When published
Answer: A
Rationale: A cease-and-desist order is effective upon issuance.
5. What material was used in soundproofing, decorative material,
shingles, and siding made before 1970?
A. Asbestos
Real Estate Exam Practice Questions | Comprehensive
State Exam Prep with Answers & Detailed Explanations
This Exam Includes
• Washington State Real Estate Exam preparation
Practice questions
Correct answers
Detailed explanations
Washington real estate law
,Washington Real Estate Exam Practice Questions
| Comprehensive State Exam Prep with Answers
& Detailed Explanations
1. Who uses the purchase contract to gather closing-related
information and ensure the closing process follows the parties’
wishes?
A. Closing agent
B. Buyer’s lender
C. Listing agent
D. Title officer
Answer: A
Rationale: The closing agent coordinates settlement and ensures
closing follows the contract terms.
2. When must lenders provide borrowers with a disclosure
statement regarding finance charges, APR, etc.?
A. At loan application or within three days after loan application
B. At closing
C. Within 30 days after closing
D. Only upon request
Answer: A
, Rationale: Early disclosure rules require this at application or
within three business days.
3. Which lease includes taxes, insurance, and maintenance as part
of the lease payment?
A. Gross lease
B. Net lease
C. Percentage lease
D. Ground lease
Answer: A
Rationale: In a gross lease, the landlord pays property expenses
and the tenant pays one gross rent.
4. When is a cease-and-desist order effective?
A. Immediately upon issuance
B. After 30 days
C. After appeal
D. When published
Answer: A
Rationale: A cease-and-desist order is effective upon issuance.
5. What material was used in soundproofing, decorative material,
shingles, and siding made before 1970?
A. Asbestos
