WASHINGTON REAL ESTATE EXAM BUNDLE

Washington state Real Estate exam set 2 Questions and Answers life estate pur autre vie a person who gets a life estate BUT the measuring life is someone else other than the life tenant. "for another life" covenant of seisin protects the buyer in the case of other claims to the prope...

WA State Real Estate Brokers License Vocabulary Questions and Answers 1 Tract 24 miles x 24 miles = 576 square miles = 16 townships 1 Township 6 miles x 6 miles = 36 square miles = 36 sections 1 Section 1 mile x 1 mile = 1 sq mile = 640 acres 1 Acre 43,560 sq feet = 160 sq ...

Washington real estate exam Final study guide Questions and Answers what are managing intrest rates Market conditions asians asking to be in asian neighbothoods 1. illegal legal its legal (its the buyers request) Are easments seperate with every purshase? NO they RUN WITH THE LAN...

Washington Real Estate Brokerage Relationships Questions and Answers Material Fact information that has a substantial adverse impact on the property's value, on a party's ability to fully execute the contract, or on the intended purpose for the property. What information is the Washin...

Washington Real Estate Practices: 30-hour Broker Prelicensing v3.0 Questions and Answers A new broker doesn't like the idea that he is unable to retain the original listings, buyer representation agreements, and purchase agreements that have been signed by buyers and sellers who have been obtain...

WASHINGTON Real Estate Terms Questions and Answers Lien The right by mortgagee to take hold or sell the property of a debtor as security or payment for a debt Real Estate Valuation Reconciliation Appraisers analyze reports to give accurate estimate of property value Equity The valu...

Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed b. bill of sale Deeds...

Washington Real Estate Exam Practice Questions (3) Questions and Answers One year Robert has passed his Washington broker's licensing exam. How long does he have to apply for his license? Super lien the lien is granted higher priority than all other liens, including mortgages, deeds of ...

WA Real Estate License - 10: Consumer Protection in Washington – Quizzes Questions and Answers Connie’s seller client, Sheila, asked Connie to fill out the seller property disclosure statement for her. Can Connie do that? 1. Yes 2. No 2. No Licensees shouldn't fill out the form f...

WA STATE PORTION EXAM (Andrei) Questions and Answers Business Opprtunity includes (4) 1 Business 2 Business Entity 3 Good Will 4 Interest in real property Difference between Residential and Commercial Real Estate 1-4 units -- Residential 5 and over -- Commercial Designated Broke...

Washington Real Estate Exam Practice Questions – State Questions and Answers Candidates for a Washington commission seat must have five years of brokerage experience or ______ years of experience in a related investigative position. Three Rachel, a REALTOR®, is transferring her Washing...

WA State RE Compucram Questions and Answers Karen and David Carpenter are a team. They have one employee and four sales agents; they also enjoy flipping properties. David asks one of the sales agents to write an offer for him but to use the company name instead of his first and last name. David'...

Washington state Real Estate exam set 2 Questions and Answer life estate pur autre vie a person who gets a life estate BUT the measuring life is someone else other than the life tenant. "for another life" covenant of seisin protects the buyer in the case of other claims to the proper...

WA 60-Hour Fundamentals Course Exam Prep: Real Estate Career and Fair Housing Flashcard Set Questions and Answers DOL State of Washington Department of Licensing HUD U.S. Department of Housing and Urban Development RCW Revised Code of Washington NAR National Association of ...

WA State exam Questions and Answers What disciplinary action will occur if a Washington broker disregards a child support order? License suspension When may a licensee receive compensation in Washington based on an appraisal result at or above a specific prearranged price? It's illegal ...

Washington Real Estate Vocabulary Questions and Answers correct appurtenance A right, privilege, or improvement belonging to, and passing with, the land. Arm's Length Transaction Occurs between willing buyer and willing seller with each party completely knowledgeable about the market. A...

WA Real Estate Practice Exam Missed Qs Questions and Answers correct In addition to real estate-specific knowledge, what does the Washington licensing exam test for? Adequate knowledge of the English language Though Washington Administrative Code does allow the DOL director to develop writt...

Washington Real Estate Fundamentals Ch. 8 Questions and Answers Open Listing A unilateral, non-exclusive listing agreement where the owner agrees to sell the property and pay and commission to any successful broker with whom they have a written open listing agreement. Procuring Cause Real ...

WA - Real Estate Math Questions and Answers correct Simple Interest Money that is paid only for amount of principal the borrower still owes. When money is repaid to lender, the payments stop. Formula for computing Simple Interest Interest = principal x rate x time Simple Interest C...

Washington Real Estate Exam VI Questions and Answers a 17 yr old purchases a house. he moved in, lived in it for a year, and then decided he didnt want the responsibility. he refused to honor the contract. in this case the contract was: voidable when signed, however the buyer probably ratified it ...

KW Unit 25 Exam Questions and Answers correct According to the court in Cultum v. Heritage House Realtors, Inc., a real estate professional may complete forms if... A) the form involves a complex real estate transaction. B) they are for another licensee who personally handled the transaction. C)...

Washington Real Estate Exam Cram Questions(chap.1-9) Questions and Answers A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is a: Bill of Sale (used to transfer personal property)

Section 2 Unit 3 Exam Real Estate Questions and Answers How many hours of unused CE credit may be carried over to the next license renewal period in Washington? 15 The Washington Department of Licensing cancelled Karen's license after one year because she didn't renew it. Another six ...

Washington Real Estate rockwell chapter 2 quizzes Questions and Answers A fee simple title in real estate is of indefinite duration, and can be: A. freely transferred B. encumbered C. inherited D. all of the above D. All of the above A fee simple owner has the full bundle of rights. A ...

WA RE Exam Prep - Unit 1 General Rules Questions and Answers Which of the following actions by a licensee may result in a disciplinary action or sanction? A) Disclosing that she is receiving compensation from more than one party in a transaction B) Recommending that a buyer contact a professional...

Washington Real Estate Exam Practice Questions (2) Questions and Answers beneficiary When a land trust expires, the trustee must either extend the trust term or sell the real estate and give the proceeds to the ______. Elements and units What are the two categories of comparison when evalu...

Washington Real Estate Practice (30 hr) Questions and Answers 1. Errors and omissions insurance is required in Washington State. A. True B. False False. Errors and omissions insurance is NOT required in Washington State. Though having it is a good risk management tool. 2. Charitable don...

Section 4: The Washington Real Estate Commission Questions and Answers Washington Brief Adjudicative Proceedings -So, let's say the DOL director decides a written verified complaint against a broker has merit (sounds like it should be investigated). The licensee has been notified and requests a...

WA RE Exam Questions and Answers An easement for ingress and egress that is created by a court of law where it is reasonably necessary for the enjoyment of the property is A)Appruent B) By necessity C) By Prescription D In gross B - By Necessity X and Y execute a property drawn up opt...

Washington Real Estate Fundamentals Questions and Answers listing contract A contract wherein a property owner employs a Real Estate firm to market a property for a prescribed period of time and a prescribed price and terms. Under this contract, the firm becomes the agent of the seller. Con...

Washington Real Estate - DOL questions and Answers what type of real estate when sold, does not need to be sold by a licensed real estate agent? Commercial real estate. (6) "Commercial real estate" means any parcel of real estate in this state other than real estate containing one to four re...

30 hr WA Real Estate Practice Exam Questions and Answers You are recording an accrued expense for your seller client, Sam Bosworth. This represents an item that Sam ____________________. Has incurred but hasn't paid Because proper trust fund handling and record keeping is extremely impor...

Fair Housing (WA Real Estate Continuing Education 2025) Questions and Answers Which act prohibited discrimination in mortgage lending? Housing and Community Development Act of 1974 Fair Housing Amendments of 1988 Equal Credit Opportunity Act of 1974 Fair Housing Act of 1968 Equal Credit Opport...

Final Exam WA: Core: Current Issues in WA Residential Real Estate Questions and Answers Which of the following statements about broker compensation in Washington is true? Brokers may only receive compensation for real estate services through their real estate firms. The recently passed bil...

Operating a Real Estate Business in Washington Questions and Answers Branch Manager Is a managing broker authorized by the designated broker to perform the duties of a branch manager. Each branch office must have a branch manager, in which may sign for the designated broker for licenses to be issu...

Chapter 17: Real Estate Careers and the Real Estate License Law Cumulative Exam Questions and Answers Agent George is licensed in Oregon. If George wants to handle residential transactions in Washington, he will be required to: A real estate agent handling Washington transactions ordinarily must h...

Washington State Managing Broker Exam Questions and Answers At what point has listing agent earned a commission? When a ready, willing, and able buyer is found. If the seller backs out after accepting the offer, even if the buyer agrees to a rescission, the commission is still due. At closi...

Washington Real Estate Fundamentals Ch. 17 Questions and Answers License Law The state statute that governs the licensing and business practices of real estate agents, along with the regulations issued by the Director of the Department of Licensing to implement that statute. Real Estate Com...

Washington State Real Estate Exam 2025 (60 Questions with Explained Answers) How much time is given to pass the Washington salesperson exam? 3.5 hours Candidates will be given 210 minutes or 3.5 hours (total includes State and National portion) to complete the examination. How many hours o...

Washington Real Estate Fundamentals Chapter 5 Questions and Answers Police Power Th basis for land use control laws - The authority of each State to act to protect and promote the public health, safety, morals, and general welfare of its people. An exercise of the police power must meet con...

Rockwell WA Real Estate Prep (Questions and Answers) Truth in lending act Applies to consumer loans and not for business, commercial, agriculture, etc Fee simple estate A right held by one or more persons to use and possess property to the exclusion of others Time is of the essence ...

Washington Real Estate Vocabulary Questions and Answers Capitalization Rate The rate of return a property will produce on the owner's investment. (It's turn income into value) Constructive Fraud A circumstance in which a person or entity gains an unfair advantage over another by dec...

Washington State Broker Exam (State Portion) Updated 4 9 Questions and Answers Pre-licensing edu # of hours 90 hours Audits on Trust accounts every 3 years Continuting Ed 60 hours Managing Broker needs __ years experience 3 years Security Deposit Returns 21 days ...

WA 60-Hour Fundamentals Course Exam Prep Licensing, Rules, Real Estate Commission Flashcard Set Questions with Answers Real estate firm May operate as any legal form of business (sole proprietor, LLC, etc.); must be licensed with Department of Licensing and have an active designated broker; licens...

Washington Real Estate Fundamentals (Chapter 3) Questions and Answers A Patent transfers real property from government ownership to private ownership. A warranty deed offers the grantee the most protection, and gives the grantor the most liability. The covenants in a warranty deed (sometim...

Current Issues (WA Real Estate Continuing Education 2025) Questions and Answers What is the purpose of an escalation clause in a real estate purchase contract? Allows the buyer to exceed another buyer's offer, up to a maximum limit Increases the buyer's offer at a specified rate based on th...

Real Estate Questions and Answers Kevin and Marsha have both been through the real estate buying and selling process in Washington many times. They don't want representation, but they'd like Mark to facilitate their transaction. Mark is acting as a ______. Transaction coordinator Whic...