WASHINGTON STATE REAL ESTATE EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GUARANTEED A+|

WASHINGTON STATE REAL ESTATE EXAM
QUESTIONS AND 100% CORRECT
ANSWERS|LATEST 2025/2026|GUARANTEED A+|

Abandonment - B



BANSWER The voluntary and permanent cessation of use or enjoyment with no intentio
B B B B B B B B B B B



n to resume or reclaim one's possession or interest. May pertain to an easement or a property
B B B B B B B B B B B B B B B B



.



Abrogation - B



B ANSWER Tenants cannot sign away their rights in advance of signing the lease.
B B B B B B B B B B B




Abstract of Title - B B B



ANSWER
B A condensed version of the history of title to a particular parcel of real estate
B B B B B B B B B B B B B B B



as recorded in the county clerk's records; consists of a summary of the original grant and all su
B B B B B B B B B B B B B B B B B



bsequent conveyances and encumbrances affecting the property.
B B B B B B




Abutting - B



ANSWER
B The joining, reaching, or touching of adjoining land. Abutting parcels of land h
B B B B B B B B B B B B



ave a common boundary.
B B B




Accelerated Depreciation - B B



BANSWER A method of calculating for tax purposes the depreciation of income property
B B B B B B B B B B B B



at a faster rat than would be achieved using the straight-
B B B B B B B B B B



line method. Note** any depreciation taken in excess of that which would be claimed using th
B B B B B B B B B B B B B B B



e straight-
B



line rate is subject to recapture as ordinary income to the extent of gain resulting from the sale
B B B B B B B B B B B B B B B B B



.



Acceleration Clause - B B



ANSWER
B A provision in a written mortgage, note, bond, or conditional sales contract th
B B B B B B B B B B B B



at, in the event of a default, the whole amount of principal and interest may be declared to be
B B B B B B B B B B B B B B B B B B B



due an payable at once.
B B B B




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,Accretion - B



ANSWER
B An increase or addition to land by the deposit of sand or soil washed up natur
B B B B B B B B B B B B B B B



ally from a river lake or sea.
B B B B B B




Accrued Depreciation - B B



ANSWER
B The actual depreciation that has occurred to a property at any given date; the
B B B B B B B B B B B B B B



difference between the cost of replacement new (as of the date of appraisal) and the present
B B B B B B B B B B B B B B B B



appraised value. B




Acknowledgment - B



ANSWER
B A declaration made by a person to a notary public, or other public official auth
B B B B B B B B B B B B B B



orized to take acknowledgments that an instrument was executed by that person as a free and
B B B B B B B B B B B B B B B



voluntary act.
B B




Actual Eviction - B B



ANSWER
B The result of legal action originated by a lessor, whereby a defaulted tenant is
B B B B B B B B B B B B B B



physically ousted from the rented property pursuant to a court order.
B B B B B B B B B B




Actual Notice - B B



B ANSWER Express information or fact; that which is know; actual knowledge.
B B B B B B B B B




Adjustable-rate Mortgage - B B



BANSWER A mortgage in which the interest rate changes at predetermined intervals. Th
B B B B B B B B B B B



e mortgage has caps, or a ceiling, that limits the amount it can change at the predetermined in
B B B B B B B B B B B B B B B B B



tervals.



Administrator - B



ANSWER
B The party appointed by the county court to settle the estate of a deceased per
B B B B B B B B B B B B B B



son who died without leaving a will.
B B B B B B




Ad Valorem Tax -
B B B



ANSWER
B A tax levied according to value; generally used to refer to real estate tax. Also
B B B B B B B B B B B B B B B



called the general tax.
B B B




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, Adverse possession - B B



ANSWER
B The right of an occupant of land to acquire title against the real owner, where B B B B B B B B B B B B B B B



possession has been actual, continuous, hostile, visible, and distinct for the statutory period.
B B B B B B B B B B B B




Affidavit - B



BANSWER A written statement signed and sworn to before a person authorized to admin
B B B B B B B B B B B B



ister an oath. B B




Agent - B



BANSWER One who represents or has the power to act for another person (called the pri B B B B B B B B B B B B B B



ncipal). The authorization may be express or implied. A fiduciary relationship is created under
B B B B B B B B B B B B B B



the law of agency when a property owner, as the principal, executes a listing agreement or ma
B B B B B B B B B B B B B B B B



nagement contract authorizing a licensed real estate broker to be the owner's agent.
B B B B B B B B B B B B




Agreement of sale - B B B



ANSWER
B A written agreement whereby the purchaser agrees to buy certain real estate
B B B B B B B B B B B B



and the seller agrees to sell, upon terms and conditions set forth in the agreement.
B B B B B B B B B B B B B B




Air Lot -B B



ANSWER
B A designated airspace over a piece of land. Air lots, like surgace property, may
B B B B B B B B B B B B B B



be transferred.
B




Air Rights -
B B



ANSWER
B The right to use the open space above a property, generally allowing the surfa B B B B B B B B B B B B B



ce to be used for another purpose.
B B B B B B




Alienation - B



ANSWER
B The act of transferring property to another. Alienation may be voluntary, suchB B B B B B B B B B B B



as by gift or sale; or involuntary, such as through eminent domain or adverse possession.
B B B B B B B B B B B B B B




Alienation Clause - B B



B ANSWER The clause in a mortgage or deed of trst that states that the balance of the sec
B B B B B B B B B B B B B B B B




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