Washington Real Estate exam| Questions with 100% Correct Answers | Verified

At what point in a transaction must you disclose your agency status in writing? A. at closing B. When first meeting any potential party to the transaction C. Within 24 hours after a party signs an offer D. Before a party signs an offer - D. Before a party signs an offer A counteroffer: A. acts as a rejection of the current offer B. is used to rescind a previously existing contract C. is used to only to make an offer contingent on a particular event D. is used when a buyer wants to make an offer where the seller has already accepted an offer - A. acts as rejection of the current offer Which of the following practices would not be an illegal discrimination action? A. Always assigning minority buyers to work with minority agents B. Referring all Spanish-speaking buyers to Spanish-speaking colleagues C. referring a buyer to a spanish-speaking colleague after the buyer expressed a preference to work with a Spanish-speaking agent D. Failing to transmit an offer from an asian buyer to the seller of the property in an all-white neighborhood - C. referring a buyer to a spanish-speaking colleague after the buyer expressed a preference to work with a Spanish-speaking agent if a contingency is not fulfilled despite a good faith effort to fulfill it, what may the person who benefits from the contingency do?