WASHINGTON STATE PORTION FINAL
EXAM PREP 2025/2026 ACCURATE
QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS
<RECENT VERSION>
1. The Washington legislature has passed new licensing legislation designed to
change the amount and type of education required for licensing. The director
has proposed additional licensing rules to support the new legislation.
What's the commission's role in this process?
The commission has no responsibilities related to this new legislation.
The commission must approve the new legislation before it can be signed
into law.
The commission will provide advice to the director regarding the necessary
rules to support the new laws.
The commission will serve as the legislature's ambassadors in gaining
acceptance from those in the real estate industry. - ANSWER ✓ The
commission will provide advice to the director regarding necessary rules to
support the new laws.
2. In Washington, new licensees must complete a three-hour ______ course
before their first renewal.
Advanced practice
Continuing education
Core
, Real estate law - ANSWER ✓ core
3. If a listing agreement doesn't state that the listing broker is permitted to
share compensation with a cooperating broker, which of the following
statements is true about a cooperating (selling) broker's responsibility under
Washington law?
A cooperating broker must include alternative methods of compensation in
the buyer's brokerage agreement.
The cooperating brokerage firm may decline to show to the buyer any
properties for which there is no compensation agreement with the listing
broker.
The cooperating broker may require the buyer to pay a commission, even if
it's not indicated in the written agreement.
The listing brokerage firm is required to split its commission with the
cooperating brokerage firm. - ANSWER ✓ The cooperating brokerage firm
may decline to show to the buyer any properties for which there is no
compensation agreement with the listing broker.
4. Terrance is a managing broker in Washington. He's moving to a new firm.
What does he have to do to transfer his license?
Complete the replace process.
Request approval from the Department of Licensing director.
Use the reversion form and pay the correct fee.
Use the same process as a broker. - ANSWER ✓ Use the same process as a
broker.
5. Under Washington state real estate agency law, an agency relationship
begins when a: - ANSWER ✓ Licensee undertakes to provide real estate
brokerage services to a principal
6. At what minimum point must an active licensee take a 30 clock-hour course
in order to reactivate his license? - ANSWER ✓ Three years
,7. If, at the conclusion of a disciplinary hearing, the Director rules against a
licensee and revokes her license, the licensee can appeal to the: - ANSWER
✓ Superior court
8. An internet website operated by a licensee displays the properties he has
listed. The site must give the: - ANSWER ✓ Brokerage's licensed name
9. A licensee is a defendant in a civil suit stemming from real estate activities.
When must the licensee notify the Real estate Program manager? -
ANSWER ✓ Within 20 days of learning of a verdict or judgement against
her
10.A licensee is considering an employment offer from a brokerage firm. The
position would involve control over the firm's operational and financial
decision. The level of licensure required would be: - ANSWER ✓ Managing
broker, with designated broker endorsement
11.If a licensee works out of a home office, for how long is he required to
maintain records of closed transactions? - ANSWER ✓ Affiliated licensees
are not required to maintain records of closed transactions
12.Licensees are required to keep the Director notified of changes in their: -
ANSWER ✓ Mailing address
13.After a licensee's first renewal is complete, to renew the license again, the
licensee must complete and submit proof of completion of how many clock
hours in approved real estate courses? - ANSWER ✓ 30
14.Prior the licensee's first renewal, she must complete how many hours of
education in courses approved by Director? - ANSWER ✓ 90
15.A real estate license is needed for all of these individuals, EXCEPT: -
ANSWER ✓ home inspector
16.A broker arranges a transaction while working for XYZ Realty. Before the
transaction closes, the broker's license becomes inactive. Which statement
about the broker's commission in true? - ANSWER ✓ XYZ Realty can pay
the commission to the broker
, 17.Washington's Real Estate Brokerage Relationship Act: - ANSWER ✓
requires a pamphlet on agency relationships to be given to all parties before
any written agreement
18.Must disclose their status as real estate licensees in all Internet
communications. - ANSWER ✓ Licensees must disclose the licensee's name
as licensed, and the name of the firm with which the licensee is affiliated. If
the firm is not licensed in the state of Washington, she should also disclose
the city and state where the firm is located.
19.Illegally mixing trust funds with personal or firm funds is called - ANSWER
✓ commingling
20.T or F. No funds other than trust funds may be maintained in a trust account
- ANSWER ✓ True
21.Do property management accounts have to be interest baring? - ANSWER ✓
No
22.Trust Accounts must? - ANSWER ✓ Be interest bearing &
Demand Account (designated broker has right to make withdrawals)
23.Pooled Account - ANSWER ✓ trust funds from different transactions are
pooled together in the same account.
24.What do most brokers accounts include? - ANSWER ✓ Most brokerage
firms have some individual trust accounts for particular transactions, plus a
pooled trust account.
25.Where depeposits of $10,000 or less go into? - ANSWER ✓ pooled interest-
bearing account
26.interest that accrues on the brokerage firm's pooled account must be paid to?
- ANSWER ✓ The State Treasurer (after reasonable bank charges are
deducted).
EXAM PREP 2025/2026 ACCURATE
QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS
<RECENT VERSION>
1. The Washington legislature has passed new licensing legislation designed to
change the amount and type of education required for licensing. The director
has proposed additional licensing rules to support the new legislation.
What's the commission's role in this process?
The commission has no responsibilities related to this new legislation.
The commission must approve the new legislation before it can be signed
into law.
The commission will provide advice to the director regarding the necessary
rules to support the new laws.
The commission will serve as the legislature's ambassadors in gaining
acceptance from those in the real estate industry. - ANSWER ✓ The
commission will provide advice to the director regarding necessary rules to
support the new laws.
2. In Washington, new licensees must complete a three-hour ______ course
before their first renewal.
Advanced practice
Continuing education
Core
, Real estate law - ANSWER ✓ core
3. If a listing agreement doesn't state that the listing broker is permitted to
share compensation with a cooperating broker, which of the following
statements is true about a cooperating (selling) broker's responsibility under
Washington law?
A cooperating broker must include alternative methods of compensation in
the buyer's brokerage agreement.
The cooperating brokerage firm may decline to show to the buyer any
properties for which there is no compensation agreement with the listing
broker.
The cooperating broker may require the buyer to pay a commission, even if
it's not indicated in the written agreement.
The listing brokerage firm is required to split its commission with the
cooperating brokerage firm. - ANSWER ✓ The cooperating brokerage firm
may decline to show to the buyer any properties for which there is no
compensation agreement with the listing broker.
4. Terrance is a managing broker in Washington. He's moving to a new firm.
What does he have to do to transfer his license?
Complete the replace process.
Request approval from the Department of Licensing director.
Use the reversion form and pay the correct fee.
Use the same process as a broker. - ANSWER ✓ Use the same process as a
broker.
5. Under Washington state real estate agency law, an agency relationship
begins when a: - ANSWER ✓ Licensee undertakes to provide real estate
brokerage services to a principal
6. At what minimum point must an active licensee take a 30 clock-hour course
in order to reactivate his license? - ANSWER ✓ Three years
,7. If, at the conclusion of a disciplinary hearing, the Director rules against a
licensee and revokes her license, the licensee can appeal to the: - ANSWER
✓ Superior court
8. An internet website operated by a licensee displays the properties he has
listed. The site must give the: - ANSWER ✓ Brokerage's licensed name
9. A licensee is a defendant in a civil suit stemming from real estate activities.
When must the licensee notify the Real estate Program manager? -
ANSWER ✓ Within 20 days of learning of a verdict or judgement against
her
10.A licensee is considering an employment offer from a brokerage firm. The
position would involve control over the firm's operational and financial
decision. The level of licensure required would be: - ANSWER ✓ Managing
broker, with designated broker endorsement
11.If a licensee works out of a home office, for how long is he required to
maintain records of closed transactions? - ANSWER ✓ Affiliated licensees
are not required to maintain records of closed transactions
12.Licensees are required to keep the Director notified of changes in their: -
ANSWER ✓ Mailing address
13.After a licensee's first renewal is complete, to renew the license again, the
licensee must complete and submit proof of completion of how many clock
hours in approved real estate courses? - ANSWER ✓ 30
14.Prior the licensee's first renewal, she must complete how many hours of
education in courses approved by Director? - ANSWER ✓ 90
15.A real estate license is needed for all of these individuals, EXCEPT: -
ANSWER ✓ home inspector
16.A broker arranges a transaction while working for XYZ Realty. Before the
transaction closes, the broker's license becomes inactive. Which statement
about the broker's commission in true? - ANSWER ✓ XYZ Realty can pay
the commission to the broker
, 17.Washington's Real Estate Brokerage Relationship Act: - ANSWER ✓
requires a pamphlet on agency relationships to be given to all parties before
any written agreement
18.Must disclose their status as real estate licensees in all Internet
communications. - ANSWER ✓ Licensees must disclose the licensee's name
as licensed, and the name of the firm with which the licensee is affiliated. If
the firm is not licensed in the state of Washington, she should also disclose
the city and state where the firm is located.
19.Illegally mixing trust funds with personal or firm funds is called - ANSWER
✓ commingling
20.T or F. No funds other than trust funds may be maintained in a trust account
- ANSWER ✓ True
21.Do property management accounts have to be interest baring? - ANSWER ✓
No
22.Trust Accounts must? - ANSWER ✓ Be interest bearing &
Demand Account (designated broker has right to make withdrawals)
23.Pooled Account - ANSWER ✓ trust funds from different transactions are
pooled together in the same account.
24.What do most brokers accounts include? - ANSWER ✓ Most brokerage
firms have some individual trust accounts for particular transactions, plus a
pooled trust account.
25.Where depeposits of $10,000 or less go into? - ANSWER ✓ pooled interest-
bearing account
26.interest that accrues on the brokerage firm's pooled account must be paid to?
- ANSWER ✓ The State Treasurer (after reasonable bank charges are
deducted).
