Washington State Specific Real Estate Exam Questions with Verified
Answers (Correct Update)
Question 1: Qualifications for wa state real estate commission
Answer: 5 years of experience performing real estate brokerage services in this state or 3 years
experience in investigative work of a similar nature, preferably in relation to the administration of
real estate license law in Washington or elsewhere.
Question 2: Who appoints the real estate commission seats?
Answer: The governor must appoint 6 commission members for a term of 6 years each. At least
two will be selected from the area east of the cascade mountains and two from the west.
Question 3: How often does the commission meet per year?
Answer: 4 times a year or at the call of the director
Question 4: Can director and their employees have an active license while employed by the
department?
Answer: No, while employed with the department the director and employees who administer,
regulate or enforce real estate law must relinquish interest in any real estate business regulated by
this chapter. Licenses placed on inactive status until cessation of employment by the director
Question 5: Can licensees employed by a town, city or county hold active licenses?
Answer: Yes and their managing brokers aren't responsible for their transactions in behalf of their
town, city or county employer
Page 1
, Question 6: What are requirements for a broker's license?
Answer: 18+, high school diploma or equivalent, 90 hours of instruction in real estate within two
years before applying for a license, pass the exam,
Question 7: Managing Broker's license requirements
Answer: 18+, high school diploma or equivalent, 3 years of licensed real estate experience or
equivalent in Washington or another state, pass exam, 90 hours of instruction -- at least 30 have to
be clock hours.
Question 8: How long must a licensee be suspended before the Real Estate Commission posts
said licensee's name on their website?
Answer: 60 days
Question 9: What's the maximum fine for violating the Sherman Anti Trust Act?
Answer: $1,000,000 for individuals and $100,000,000 for corporations
Question 10: What act allowed homeowners the option of creating or submitting a plan for a
homeowners association?
Answer: Washington Property Owners Association Act
Question 11: How much money can a community association have before fidelity insurance is
purchased?
Answer: 60K
Page 2
Answers (Correct Update)
Question 1: Qualifications for wa state real estate commission
Answer: 5 years of experience performing real estate brokerage services in this state or 3 years
experience in investigative work of a similar nature, preferably in relation to the administration of
real estate license law in Washington or elsewhere.
Question 2: Who appoints the real estate commission seats?
Answer: The governor must appoint 6 commission members for a term of 6 years each. At least
two will be selected from the area east of the cascade mountains and two from the west.
Question 3: How often does the commission meet per year?
Answer: 4 times a year or at the call of the director
Question 4: Can director and their employees have an active license while employed by the
department?
Answer: No, while employed with the department the director and employees who administer,
regulate or enforce real estate law must relinquish interest in any real estate business regulated by
this chapter. Licenses placed on inactive status until cessation of employment by the director
Question 5: Can licensees employed by a town, city or county hold active licenses?
Answer: Yes and their managing brokers aren't responsible for their transactions in behalf of their
town, city or county employer
Page 1
, Question 6: What are requirements for a broker's license?
Answer: 18+, high school diploma or equivalent, 90 hours of instruction in real estate within two
years before applying for a license, pass the exam,
Question 7: Managing Broker's license requirements
Answer: 18+, high school diploma or equivalent, 3 years of licensed real estate experience or
equivalent in Washington or another state, pass exam, 90 hours of instruction -- at least 30 have to
be clock hours.
Question 8: How long must a licensee be suspended before the Real Estate Commission posts
said licensee's name on their website?
Answer: 60 days
Question 9: What's the maximum fine for violating the Sherman Anti Trust Act?
Answer: $1,000,000 for individuals and $100,000,000 for corporations
Question 10: What act allowed homeowners the option of creating or submitting a plan for a
homeowners association?
Answer: Washington Property Owners Association Act
Question 11: How much money can a community association have before fidelity insurance is
purchased?
Answer: 60K
Page 2
