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WASHINGTON STATE REAL ESTATE EXAM
2025/ 2026 BRAND NEW QUESTIONS WITH
ANSWERS| ACE YOUR GRADES!
1. The seller's net proceeds on the settlement statement are
calculated by - correct answer -subtracting the seller's debts
from the seller's credits
2. How many feet in a mile? - correct answer -5,280
3. After the sale of a property in a 1031 exchange, how long does
the seller have to close the property? - correct answer -180
days
4. Partition suit - correct answer -is filed when co-owners cannot
resolve a dispute regarding ownership of their property. The
court will decide how to divide the property or if it is too small to
physically divide it may order the sale of the property and order
the division of the proceeds
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5. Easement by necessity (easement by implication) - correct
answer -is created where it is reasonably necessary for
enjoyment of the property and there was apparent prior use.
This may occur where a grantor divides a property into more
than one lot and forgets to grant or reserve an easement for
the owner of the new lot
6. How long is a deed restriction valid? - correct answer -possibly
forever because deed restrictions run with the land
7. Can a licensee act as a fee broker? - correct answer -no, it is
illegal
8. A month to month rental agreement is also known as what? -
correct answer -periodic tenancy, no fixed termination date but
last for a specific period of time
9. What is a freehold inheritable estate called - correct answer -a
fee simple estate
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10. What is the primary purpose of acknowledgement, which is
something that must be done before a deed is recorded -
correct answer -to verify that the deed was not signed under
duress. A person acknowledges a document by formally
declaring to an authorized official (public notary) that it was
signed voluntarily
11. Condemnation - correct answer -is the process by which
property is taken
12. How long under the federal truth in lending act does one
have to rescind a loan transaction? - correct answer -3
business days after they sign
13. What type of interest is normally calculated on a loan for a
house? - correct answer -simple
14. What is another name for alienation clause? - correct answer
-due on sale clause
WASHINGTON STATE REAL ESTATE EXAM
2025/ 2026 BRAND NEW QUESTIONS WITH
ANSWERS| ACE YOUR GRADES!
1. The seller's net proceeds on the settlement statement are
calculated by - correct answer -subtracting the seller's debts
from the seller's credits
2. How many feet in a mile? - correct answer -5,280
3. After the sale of a property in a 1031 exchange, how long does
the seller have to close the property? - correct answer -180
days
4. Partition suit - correct answer -is filed when co-owners cannot
resolve a dispute regarding ownership of their property. The
court will decide how to divide the property or if it is too small to
physically divide it may order the sale of the property and order
the division of the proceeds
, Page | 2
5. Easement by necessity (easement by implication) - correct
answer -is created where it is reasonably necessary for
enjoyment of the property and there was apparent prior use.
This may occur where a grantor divides a property into more
than one lot and forgets to grant or reserve an easement for
the owner of the new lot
6. How long is a deed restriction valid? - correct answer -possibly
forever because deed restrictions run with the land
7. Can a licensee act as a fee broker? - correct answer -no, it is
illegal
8. A month to month rental agreement is also known as what? -
correct answer -periodic tenancy, no fixed termination date but
last for a specific period of time
9. What is a freehold inheritable estate called - correct answer -a
fee simple estate
, Page | 3
10. What is the primary purpose of acknowledgement, which is
something that must be done before a deed is recorded -
correct answer -to verify that the deed was not signed under
duress. A person acknowledges a document by formally
declaring to an authorized official (public notary) that it was
signed voluntarily
11. Condemnation - correct answer -is the process by which
property is taken
12. How long under the federal truth in lending act does one
have to rescind a loan transaction? - correct answer -3
business days after they sign
13. What type of interest is normally calculated on a loan for a
house? - correct answer -simple
14. What is another name for alienation clause? - correct answer
-due on sale clause
