Washington State Real Estate Exam QUESTIONS AND ANSWERS.

WASHINGTON STATE REAL ESTATE
EXAM QUESTIONS AND ANSWERS
AbandonmentW-WCORRECTWANSWERS-
TheWvoluntaryWandWpermanentWcessationWofWuseWorWenjoymentWwithWnoWintentionWtoWresumeWorWreclai
mWone'sWpossessionWorWinterest.WMayWpertainWtoWanWeasementWorWaWproperty.

AbrogationW-WCORRECTWANSWERS-
TenantsWcannotWsignWawayWtheirWrightsWinWadvanceWofWsigningWtheWlease.

AbstractWofWTitleW-WCORRECTWANSWERS-
AWcondensedWversionWofWtheWhistoryWofWtitleWtoWaWparticularWparcelWofWrealWestateWasWrecordedWinWtheW
countyWclerk'sWrecords;WconsistsWofWaWsummaryWofWtheWoriginalWgrantWandWallWsubsequentWconveyances
WandWencumbrancesWaffectingWtheWproperty.




AbuttingW-WCORRECTWANSWERS-
TheWjoining,Wreaching,WorWtouchingWofWadjoiningWland.WAbuttingWparcelsWofWlandWhaveWaWcommonWboun
dary.

AcceleratedWDepreciationW-WCORRECTWANSWERS-
AWmethodWofWcalculatingWforWtaxWpurposesWtheWdepreciationWofWincomeWpropertyWatWaWfasterWratWthan
WwouldWbeWachievedWusingWtheWstraight-

lineWmethod.WNote**WanyWdepreciationWtakenWinWexcessWofWthatWwhichWwouldWbeWclaimedWusingWtheWs
traight-
lineWrateWisWsubjectWtoWrecaptureWasWordinaryWincomeWtoWtheWextentWofWgainWresultingWfromWtheWsale.

AccelerationWClauseW-WCORRECTWANSWERS-
AWprovisionWinWaWwrittenWmortgage,Wnote,Wbond,WorWconditionalWsalesWcontractWthat,WinWtheWeventWofW
aWdefault,WtheWwholeWamountWofWprincipalWandWinterestWmayWbeWdeclaredWtoWbeWdueWanWpayableWatWo
nce.

AccretionW-WCORRECTWANSWERS-
AnWincreaseWorWadditionWtoWlandWbyWtheWdepositWofWsandWorWsoilWwashedWupWnaturallyWfromWaWriverWla
keWorWsea.

AccruedWDepreciationW-WCORRECTWANSWERS-
TheWactualWdepreciationWthatWhasWoccurredWtoWaWpropertyWatWanyWgivenWdate;WtheWdifferenceWbetween
WtheWcostWofWreplacementWnewW(asWofWtheWdateWofWappraisal)WandWtheWpresentWappraisedWvalue.




AcknowledgmentW-WCORRECTWANSWERS-
AWdeclarationWmadeWbyWaWpersonWtoWaWnotaryWpublic,WorWotherWpublicWofficialWauthorizedWtoWtakeWackn
owledgmentsWthatWanWinstrumentWwasWexecutedWbyWthatWpersonWasWaWfreeWandWvoluntaryWact.

ActualWEvictionW-WCORRECTWANSWERS-
TheWresultWofWlegalWactionWoriginatedWbyWaWlessor,WwherebyWaWdefaultedWtenantWisWphysicallyWoustedWfr
omWtheWrentedWpropertyWpursuantWtoWaWcourtWorder.

ActualWNoticeW-WCORRECTWANSWERS-
ExpressWinformationWorWfact;WthatWwhichWisWknow;WactualWknowledge.
ThisQstudyQsourceQwasQdownloadedQbyQ100000900823938QfromQCourseHero.comQonQ01-26-
2026Q09:35:32QGMTQ-06:00

https://www.coursehero.com/file/219340629/MHA-705-Exam-2-actual-questions-and-answerspdf/

, Adjustable-rateWMortgageW-WCORRECTWANSWERS-
AWmortgageWinWwhichWtheWinterestWrateWchangesWatWpredeterminedWintervals.WTheWmortgageWhasWcaps,
WorWaWceiling,WthatWlimitsWtheWamountWitWcanWchangeWatWtheWpredeterminedWintervals.




AdministratorW-WCORRECTWANSWERS-
TheWpartyWappointedWbyWtheWcountyWcourtWtoWsettleWtheWestateWofWaWdeceasedWpersonWwhoWdiedWwith
outWleavingWaWwill.

AdWValoremWTaxW-WCORRECTWANSWERS-
AWtaxWleviedWaccordingWtoWvalue;WgenerallyWusedWtoWreferWtoWrealWestateWtax.WAlsoWcalledWtheWgeneralW
tax.

AdverseWpossessionW-WCORRECTWANSWERS-
TheWrightWofWanWoccupantWofWlandWtoWacquireWtitleWagainstWtheWrealWowner,WwhereWpossessionWhasWbe
enWactual,Wcontinuous,Whostile,Wvisible,WandWdistinctWforWtheWstatutoryWperiod.

AffidavitW-WCORRECTWANSWERS-
AWwrittenWstatementWsignedWandWswornWtoWbeforeWaWpersonWauthorizedWtoWadministerWanWoath.

AgentW-WCORRECTWANSWERS-
OneWwhoWrepresentsWorWhasWtheWpowerWtoWactWforWanotherWpersonW(calledWtheWprincipal).WTheWauthori
zationWmayWbeWexpressWorWimplied.WAWfiduciaryWrelationshipWisWcreatedWunderWtheWlawWofWagencyWwhe
nWaWpropertyWowner,WasWtheWprincipal,WexecutesWaWlistingWagreementWorWmanagementWcontractWauthor
izingWaWlicensedWrealWestateWbrokerWtoWbeWtheWowner'sWagent.

AgreementWofWsaleW-WCORRECTWANSWERS-
AWwrittenWagreementWwherebyWtheWpurchaserWagreesWtoWbuyWcertainWrealWestateWandWtheWsellerWagree
sWtoWsell,WuponWtermsWandWconditionsWsetWforthWinWtheWagreement.

AirWLotW-WCORRECTWANSWERS-
AWdesignatedWairspaceWoverWaWpieceWofWland.WAirWlots,WlikeWsurgaceWproperty,WmayWbeWtransferred.

AirWRightsW-WCORRECTWANSWERS-
TheWrightWtoWuseWtheWopenWspaceWaboveWaWproperty,WgenerallyWallowingWtheWsurfaceWtoWbeWusedWforWa
notherWpurpose.

AlienationW-WCORRECTWANSWERS-
TheWactWofWtransferringWpropertyWtoWanother.WAlienationWmayWbeWvoluntary,WsuchWasWbyWgiftWorWsale;Wo
rWinvoluntary,WsuchWasWthroughWeminentWdomainWorWadverseWpossession.

AlienationWClauseW-WCORRECTWANSWERS-
TheWclauseWinWaWmortgageWorWdeedWofWtrstWthatWstatesWthatWtheWbalanceWofWtheWsecuredWdebtWbecome
sWimmediatelyWdueWandWpayableWatWtheWmortgagee'sWoptionWifWtheWpropertyWisWsoldWbyWtheWmortgagor
.WInWeffect,WthisWclauseWpreventsWtheWmortgagorWfromWassigningWtheWdebtWwithoutWtheWmortgagee'sWap
proval.

AlluvionW-WCORRECTWANSWERS-NewWdepositsWofWsoilWasWtheWresultWofWaccretion.

AmenititesW-WCORRECTWANSWERS-
ThisQstudyQsourceQwasQdownloadedQbyQ100000900823938QfromQCourseHero.comQonQ01-26-
2026Q09:35:32QGMTQ-06:00

https://www.coursehero.com/file/219340629/MHA-705-Exam-2-actual-questions-and-answerspdf/

, TheWtangibleWandWintangibleWfeaturesWthatWincreaseWtheWvalueWorWdesirabilityWofWrealWestate.

AmericansWwithWDisabilitiesWActW(ADA)W-WCORRECTWANSWERS-
AWfederalWlawWthatWbecameWeffectiveWinW1992.WItWisWdesignedWtoWeliminateWtheWdiscriminationWagainstW
individualsWwithWdisabilitiesWbyWmandatingWequalWaccessWtoWjobs,WpublicWaccommodations,WpublicWtrans
portation,WtelecommunicationsWandWgovernmentWservices.

AmortizationW-WCORRECTWANSWERS-TheWliquidationWofWaWfinancialWburdenWbyWinstallmentWpayments.

AmortizedWLoanW-WCORRECTWANSWERS-
AWloanWinWwhichWtheWprincipal,WasWwellWasWtheWinterest,WisWpayableWinWmonthlyWorWotherWperiodicWinsta
llmentsWoverWtheWtermWofWtheWloan.

AntitrustWLawsW-WCORRECTWANSWERS-
TheWlawsWdesignedWtoWpreserveWtheWfreeWenterpriseWofWtheWopenWmarketplaceWbyWmakingWillegalWcerta
inWprivateWconspiraciesWandWcombinationsWformedWtoWminimizeWcompetition.WViolationsWofWantitrustWla
wsWinWtheWrealWestateWbusinessWgenerallyWinvolveWeitherWpriceWfixingW(brokersWconspiringWtoWsetWfixedW
compensationWrates)WorWallocationWofWcustomersWorWmarketsW(brokersWagreeingWtoWlimitWtheirWareasWof
WtradeWorWdealingWtoWcertainWareasWorWproperties).




AppraisalW-WCORRECTWANSWERS-
AnWestimateWofWtheWquantity,Wquality,WorWvalueWofWsomething.WTheWprocessWthroughWwhichWconclusion
sWofWpropertyWvalueWareWobtained;WalsoWrefersWtoWtheWreportWsettingWforthWtheWprocessWofWestimationW
andWconclusionWofWvalue.

AppraisedWValueW-WCORRECTWANSWERS-AnWestimateWofWaWproperty'sWpresentWworth.

AppreciationW-WCORRECTWANSWERS-
AnWincreaseWinWtheWworthWorWvalueWofWaWpropertyWdueWtoWeconomicWorWrelatedWcausesWthatWmayWprov
eWtoWbeWeitherWtemporaryWorWpermanent;WoppositeWofWdepreciation.

AppurenantW-WCORRECTWANSWERS-
BelongingWto;WincidentWto.WEx:WaWgarageWisWappurtenantWtoWaWhouse.WTheWcommonWinterestWinWtheWco
mmonWelementsWofWaWcondominiumWisWappurtenantWtoWeachWapartment.

ArbitrationW-WCORRECTWANSWERS-
AWmeansWofWsettlingWaWcontroversyWbetweenWtwoWpartiesWthroughWtheWmediumWofWanWimpartialWthirdW
partyWwhoseWdecisionWonWtheWcontroversyW(itWisWagreed)WwillWbeWfinalWandWbinding.

AssemblageW-WCORRECTWANSWERS-
TheWprocessWofWmergingWtwoWorWmoreWparcelsWofWrealWestateWtoWcreateWoneWparcel.

AssessmentW-WCORRECTWANSWERS-
TheWimpositionWofWaWtax,Wcharge,WorWlevy,WusuallyWaccordingWtoWestablishedWrates.

AssignmentW-WCORRECTWANSWERS-
TheWtransferWinWwritingWofWrightsWorWinterestWinWaWbond,Wmortgage,Wlease,WorWotherWinstrument.

AssumptionWofWMortgageW-WCORRECTWANSWERS-
TheWtransferWofWtitleWtoWpropertyWtoWaWgranteeWwhereinWheWassumesWliabilityWforWpaymentWofWanWexisti
ThisQstudyQsourceQwasQdownloadedQbyQ100000900823938QfromQCourseHero.comQonQ01-26-
2026Q09:35:32QGMTQ-06:00

https://www.coursehero.com/file/219340629/MHA-705-Exam-2-actual-questions-and-answerspdf/