Washington Fundamentals - 60 Hour Exam Prep With complete solution Newest 2025

Washington Fundamentals - 60 Hour
Exam Prep With complete solution
Newest 2025
Which of the following wills may be considered invalid? - Correct Answers A will that is not
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signed
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The Quarry Mountain Subdivision requires all properties to have fences that are at least 8
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feet tall surrounding each property. This is an example of - Correct Answers a deed
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restriction.
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The essential criteria for an acceptable legal description is that it - Correct Answers
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accurately locates the parcel in the opinion of a court.
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New broker Juliet has been assigned office duty for Saturday and Sunday. What is another
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common term for office duty? - Correct Answers Floor time
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In the appraisal process, looking at the number of recreational facilities, the distances to
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schools and adequacy of public transportation is called - Correct Answers neighborhood
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analysis.
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Alex's home has been on the market for eight months. What is the most likely reason Alex's
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home has not been sold yet? - Correct Answers The property is overpriced.
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Owner Tom decided to lease out his basement to a college student. By leasing the
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basement, Tom has - Correct Answers transferred a portion of his bundle of rights.
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One of the major considerations in a master plan is - Correct Answers the effect of new
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development on traffic patterns and the environment.
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On a $280,000 loan, the lender charges a 2 point service charge. How much does the
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borrower have to pay for just these two points? - Correct Answers $5,600
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What is the definition of "valuable consideration" in regard to contract validity? - Correct
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Answers Something specifically offered in exchange for something else
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Which of the following legal description methods has been used the longest in the US? -
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Correct Answers The metes and bounds system
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If a comparable has one less bathroom than the subject, an adjustment is made by - Correct
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Answers adding value to the comparable.
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, Designated Broker Austin represents a party in a transaction where there is a dispute
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regarding the deposited escrow money. What should Austin do? - Correct Answers Hold
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the money until both parties (or their lawyers) provide a written release.
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What is a disadvantage of real estate investment? - Correct Answers It is not highly liquid.
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Earl orally agreed to a 18-month lease with landlord Blake. Is this contract enforceable? -
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Correct Answers No, all leases for longer than one year must be in writing to be
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enforceable.
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If the party who has reason to disaffirm the contract elects instead to perform it, the contract
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is: - Correct Answers no longer voidable but valid.
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Designated Broker Jon is attaching a rider strip to a For Sale sign. What information is most
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likely on this rider strip? - Correct Answers Jon's cell phone number
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Who can qualify for an FHA loan? - Correct Answers Anyone with qualified income
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Should a licensee who represents both the buyer and seller tell the buyer about material
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defects on the seller's property? - Correct Answers Yes, any defects known to the
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designated broker should have been disclosed to the buyer.
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Which of the following must be aware of relevant local ordinances, electrical and plumbing
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systems, heating and cooling systems? - Correct Answers Home inspector
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What are the primary advantages of PEX piping? - Correct Answers PEX piping is able to
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I withstand both high and low temperatures and it is highly resistant to chemicals.
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Which of these statements about the Americans with Disabilities Act is TRUE? - Correct
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Answers An apartment manager might be required to allow a tenant with a disability to
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widen a doorway.
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Licensee Alex only represents the buyer in a transaction. What is Alex called in this
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situation? - Correct Answers A single agent
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Which of the following is a valuable skill for a property manager to have? - Correct Answers
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Knowledge of building systems
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Which of these activities is appropriate to do within the first few days of obtaining a listing? -
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Correct Answers Have the managing broker send a "thank you for listing" letter to the
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sellers.
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Carla has been walking across a path on John's property for the past 22 years. John knows
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about this but has never given Carla permission. What might a court grant to Carla? -
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Correct Answers An easement by prescription
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