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Wa State Exam Questions With Correct Answers

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Exam (elaborations)

Wa State Exam Questions With Correct Answers

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7 pages

2025/2026

Institution Washington State

Course Washington State

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WA State exam QUESTIONS WITH CORRECT ANSWERS

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WA STATE EXAM QUESTIONS WITH
CORRECT ANSWERS
WhatQdisciplinaryQactionQwillQoccurQifQaQWashingtonQbrokerQdisregardsQaQchildQsupportQorder?Q-
QCORRECTQANSWERS-LicenseQsuspension

WhenQmayQaQlicenseeQreceiveQcompensationQinQWashingtonQbasedQonQanQappraisalQresultQatQorQaboveQa
QspecificQprearrangedQprice?Q-QCORRECTQANSWERS-It'sQillegalQinQallQcircumstances.

HowQisQtheQWashingtonQmanagingQbroker'sQexamQpresented?Q-QCORRECTQANSWERS-AsQaQsimulation-
basedQexam

InQWashington,QwhichQagencyQisQauthorizedQtoQdisseminateQandQenforceQrealQestateQlicensingQlaws?Q-
QCORRECTQANSWERS-DepartmentQofQLicensing

DeanaQisQaQbrokerQforQNorthQWashingtonQRealty,QLLC,QandQisQtheQlistingQbrokerQfromQaQproperty.QInQthisQ
transaction,QwhatQkindsQofQcompensationQisQsheQentitledQtoQreceiveQfromQpayorsQotherQthanQherQbroker
ageQfirm?Q-QCORRECTQANSWERS-AllQcompensationQmustQbeQpaidQthroughQherQbroker

WithQwhichQentityQisQWashington'sQDOLQdirectorQpartneredQinQorderQtoQcreateQaQrealQestateQresearchQce
nter?Q-QCORRECTQANSWERS-TheQRunstadQCenterQforQRealQEstateQStudies

TheQWashingtonQDepartmentQofQLicensingQcancelledQKaren'sQlicenseQafterQoneQyearQbecauseQsheQdidn'tQ
renewQit.QAnotherQsixQmonthsQhasQpassedQsinceQherQlicenseQwasQcancelled.QWhatQdoesQKarenQhaveQtoQd
oQtoQgetQherQlicenseQback?Q-QCORRECTQANSWERS-
CompleteQ60QclockQhoursQofQcontinuingQeducationQcourseworkQandQfileQanQaffidavitQofQreactivationQwithQ
theQDOL.

KarlQplansQtoQshopQaroundQforQhisQmortgageQloanQtoQbeQsureQhe'sQgettingQtheQbestQinterestQrateQandQter
ms.QWhatQdocumentQfromQhisQlenderQpermitsQhimQtoQmakeQcomparisons?Q-QCORRECTQANSWERS-
TheQLoanQEstimateQpermitsQKennethQtoQcomparisonQshop.

WhichQofQtheQfollowingQtypesQofQcompensationQareQprohibitedQinQWashington?Q-QCORRECTQANSWERS-
ReferralQfeesQfromQsettlementQserviceQprovidersQtoQlicensees

Frank,QaQWashingtonQbroker,QwantsQtoQopenQhisQownQWashingtonQrealQestateQfirm.QWhichQofQtheQfollowi
ngQstatementsQisQtrue?Q-QCORRECTQANSWERS-
FrankQmustQeitherQhireQorQbeQendorsedQasQaQdesignatedQbroker.

InQWashington,QwhichQofQtheQfollowingQstatementsQregardingQsellerQagencyQisQtrue?Q-
QCORRECTQANSWERS-

AQseller'sQagentQrepresentsQtheQseller,QwhileQtheQbuyer'sQagentQrepresentsQtheQbuyer.

WhichQofQtheseQisQanQexampleQofQcomminglingQinQWashington?Q-QCORRECTQANSWERS-
MixingQearnestQmoneyQwithQpersonalQfunds

HowQlongQmustQconfidentialQinformationQremainQconfidential?Q-QCORRECTQANSWERS-Forever

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

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

, agreementsQwithQotherQstates,QinQpractice,QwhatQqualifiesQlicenseesQfromQotherQstatesQtoQtakeQonlyQtheQ
stateQportionQofQtheQWashingtonQlicensingQexam?Q-QCORRECTQANSWERS-
AQsimilarQlicenseQinQgoodQstandingQfromQanotherQstate

InQadditionQtoQpassingQaQlicensingQexamQandQprovidingQbackgroundQqualificationsQandQaQcreditQreport,QW
ashingtonQescrowQagentsQmustQprovideQproofQthatQtheyQholdQwhatQtypeQofQinsuranceQpolicy?Q-
QCORRECTQANSWERS-ErrorsQandQomissions

IfQaQpropertyQmanagementQtrustQaccountQinQWashingtonQbearsQinterest,QtoQwhomQmustQtheQinterestQbeQ
distributed?Q-QCORRECTQANSWERS-TheQpropertyQowner

InQWashington,QwhichQagencyQisQresponsibleQforQapprovingQrealQestateQschoolsQandQeducation?Q-
QCORRECTQANSWERS-DepartmentQofQLicensing

TamaraQisQassistingQaQbuyerQwho'sQmakingQanQofferQonQherQclient'sQlistingQinQRenton.QTamaraQandQtheQbu
yerQdevelopQaQgoodQrapport,QandQinQherQdesireQtoQbeQhelpful,QTamaraQoffersQtheQbuyerQadviceQaboutQho
wQtoQstructureQherQoffer.QWhatQdoesQTamaraQriskQbeingQchargedQwith?Q-QCORRECTQANSWERS-
UndisclosedQdualQagency

AfterQaQWashingtonQleaseQagreementQexpiresQandQaQtenantQvacatesQtheQproperty,QleavingQitQinQgoodQcon
dition,QhowQlongQdoesQtheQlandlordQhaveQtoQreturnQtheQsecurityQdeposit?Q-QCORRECTQANSWERS-21Qdays

WhichQofQtheQfollowingQisQaQreasonQthatQaQproposedQrealQestateQcompanyQnameQmayQbeQrejectedQbyQthe
QWashingtonQStateQDepartmentQofQLicensing?Q-QCORRECTQANSWERS-

TheQnameQimpliesQaffiliationQwithQtheQgovernment.

BranchQmanagersQinQWashingtonQcanQsuperviseQlicenseesQandQreviewQtheirQcontractsQifQtheseQdutiesQare
Q______QbyQtheQdesignatedQbroker.Q-QCORRECTQANSWERS-Delegated

WhichQdocumentQisQsignedQandQagreedQtoQatQclosingQandQreconcilesQwhatQtheQfinalQfinancialQobligationsQ
areQforQbothQtheQbuyerQandQseller?Q-QCORRECTQANSWERS-ClosingQstatement

InQWashington,QaQdesignatedQbrokerQ______.Q-QCORRECTQANSWERS-
HoldsQaQmanagingQbroker'sQlicenseQwithQaQspecialQDOLQendorsement

CherylQAnnQreceivedQaQsummaryQjudgmentQfromQtheQDOLQbecauseQsheQdidQnotQ______QwithinQ20QdaysQo
fQreceivingQnoticeQofQaQDOLQinvestigationQ-QCORRECTQANSWERS-RequestQaQhearing

HowQoftenQisQtheQWashingtonQCommissionQrequiredQtoQmeet?Q-QCORRECTQANSWERS-FourQtimesQaQyear

Rocco,QanQagentQlicensedQinQGuam,QbringsQtheQbuyerQtoQtheQtableQforQaQWestQSideQRealtyQlisting.QWestQSi
deQwiresQRocco'sQcommissionQtoQtheQbrokerageQfirmQinQRome,QItaly.QIsQthisQpermitted?Q-
QCORRECTQANSWERS-Yes,QasQlongQasQItalyQhasQaQrealQestateQregulatoryQprogram.

HowQdoQyouQcreateQimpliedQagency?Q-QCORRECTQANSWERS-ThroughQtheQparties'Qactions

HowQmanyQtotalQhoursQofQcourseworkQmustQaQWashingtonQlicenseeQrenewingQforQtheQfirstQtimeQhaveQta
ken?Q-QCORRECTQANSWERS-90

HowQdoesQWashingtonQdefineQsubagency?Q-QCORRECTQANSWERS-
ThisQstudyQsourceQwasQdownloadedQbyQ100000900823938QfromQCourseHero.comQonQ01-26-
2026Q09:35:32QGMTQ-06:00

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

Document information

Uploaded on: February 3, 2026
Number of pages: 7
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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