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Exam (elaborations)

Washington Real Estate Exam - State Portion Correct 100%

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Who is responsible for administration of real estate license law? - ANSWERSWashington State Department of licensing Who is in charge of the divisions with the department? - ANSWERSThe Director, and the department of licensing Who employs the Director and all Real Estate Division Staff? - ANSWERSThe State What are the Director or staff of the Real Estate Division not allowed to do? - ANSWERSTo own interest in any real estate firm Who appoints the director? - ANSWERSThe Governor What does the Director do? - ANSWERSThey are charged with enforcing all laws, rules, and regulations relating to the licensing of real estate brokers and salespersons. The term "Real Estate License Law" refers to what? - ANSWERSthe statutory provisions adopted by the state legislature, and regulations issued by the director as well. Directors Regulations - ANSWERSLicensees must keep a copy of these and remain informed of changes in the regulations. Real Estate Commission - ANSWERSMade up of the Director and six Commissioners Who appoints Commissioners? - ANSWERSThe Governor. Why are Commissioners important? - ANSWERSThey advise the Director on the real estate industry and profession. Requirements of a Commissioner? - ANSWERS5 years of real estate experience, serves on a part-time basis for a 6 year term.

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Institution
Washington State Broker
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Washington State Broker

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Uploaded on
September 17, 2023
Number of pages
11
Written in
2023/2024
Type
Exam (elaborations)
Contains
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Subjects

  • washington real estate

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