Washington Real Estate License Exam Preparation Guide:
Comprehensive Test Bank with 500 Recent Practice
Questions, Verified Correct Answers, and Detailed
Explanations
Three - Answer - Candidates for a Washington commission seat must have five
years of brokerage experience or ______ years of experience in a related
investigative position.
The REALTOR® Code of Ethics - Answer - Rachel, a REALTOR®, is
transferring her Washington broker's license to a new firm. She calls all of her
clients and asks them to request that they be allowed to terminate their agreements
with her old firm and move with her to the new firm. What code or agreement has
Rachel violated?
Real estate counselor - Answer - In the real estate business, which professional's
primary role is to provide clients with the information they need to make informed
decisions about their own specific real estate interests?
Consolidate disciplinary procedures for all licensed professions in Washington -
Answer - What is the purpose of Washington's Uniform Regulation of Business
and Professions act?
The corporation must furnish a certified copy of the articles of incorporation to the
DOL. - Answer - Which of the following is true of a Washington real estate firm
operating as a corporation?
$10 - Answer - In Washington, ______ of the license application, renewal, or
reactivation fee is used to support WCRER.
,Hire - Answer - Even without delegated authority from a designated broker, what
is a Washington branch manager authorized to do relative to employed licensees?
Designated broker - Answer - Which of the following can perform services for
more than one firm at a time in Washington?
No witness testimony is accepted. - Answer - Which of the following statements
about a brief adjudicative hearing in Washington is true?
Adequate knowledge of the English language - Answer - In addition to real estate-
specific knowledge, what does the Washington licensing exam test for?
From a regular business account at the same bank - Answer - Service fees on
Washington trust accounts may be paid how?
Management agreements - Answer - Washington requires property management
firms to execute written ______ with owners for whom they provide services.
None. The commission provides advice and support to the DOL director. - Answer
- What level of regulatory authority does the Washington Real Estate Commission
have?
The agreement is non-exclusive - Answer - Which of the following assumptions is
made unless otherwise stated in the Washington buyer's agency agreement?
Two - Answer - In Washington, designated brokers must ensure that all contracts
are submitted for recordkeeping at the brokerage no more than ______ days after
the parties sign the contract.
,Five years - Answer - Qualified Washington commission candidates must have at
least ______ years of brokerage experience or a certain amount of related
experience.
The DOL - Answer - Through what state agency does the Washington Real Estate
Commission directly get its authority?
90 - Answer - In Washington, how many hours of coursework must an applicant
complete before applying for a managing broker's license?
The designated broker - Answer - If a third party holds a buyer's earnest money
deposit in Washington, who's ultimately responsible for ensuring the delivery of
those funds?
Tenant - Answer - When disbursing security deposit funds, a Washington property
manager must receive written permission from the ______.
Six - Answer - How many members serve on the Washington Real Estate
Commission?
Real Estate Commission - Answer - Which entity creates regulations governing
real estate activities in Washington?
She'll need to take her exam again, then apply for her license. - Answer - Carol
passed her Washington licensing exam 14 months ago and hasn't applied for her
license. What happens now, if she still wants to be a broker?
Institute of Real Estate Management - Answer - Which organization provides the
Certified Property Manager credential?
, Your firm - Answer - On both the Washington buyer's agency and buyer's no-
agency agreements, who appoints you as the buyer's broker?
Five - Answer - If a Washington real estate firm is closing, the firm's designated
broker must provide an affidavit to the Washington State Department of Licensing
within ______ days.
Three years - Answer - After completing the coursework required for the
Washington managing broker's exam, how long does a candidate have to complete
the exam?
Filling in legal forms - Answer - In Washington, which of the following tasks
require a real estate license?
Home inspection companies - Answer - The Revised Code of Washington that are
related to real estate licensing specifically address licensee's responsibilities for
providing referrals to what type of third party?
One year or more - Answer - Some Washington real estate brokerage records may
be kept offsite if they're for transactions that closed how long ago?
Washington Administrative Code - Answer - Where can a licensee find detailed
information about a Washington broker's responsibilities?
120 days before expiration - Answer - What's the earliest that a firm can submit a
license renewal application in Washington?
Comprehensive Test Bank with 500 Recent Practice
Questions, Verified Correct Answers, and Detailed
Explanations
Three - Answer - Candidates for a Washington commission seat must have five
years of brokerage experience or ______ years of experience in a related
investigative position.
The REALTOR® Code of Ethics - Answer - Rachel, a REALTOR®, is
transferring her Washington broker's license to a new firm. She calls all of her
clients and asks them to request that they be allowed to terminate their agreements
with her old firm and move with her to the new firm. What code or agreement has
Rachel violated?
Real estate counselor - Answer - In the real estate business, which professional's
primary role is to provide clients with the information they need to make informed
decisions about their own specific real estate interests?
Consolidate disciplinary procedures for all licensed professions in Washington -
Answer - What is the purpose of Washington's Uniform Regulation of Business
and Professions act?
The corporation must furnish a certified copy of the articles of incorporation to the
DOL. - Answer - Which of the following is true of a Washington real estate firm
operating as a corporation?
$10 - Answer - In Washington, ______ of the license application, renewal, or
reactivation fee is used to support WCRER.
,Hire - Answer - Even without delegated authority from a designated broker, what
is a Washington branch manager authorized to do relative to employed licensees?
Designated broker - Answer - Which of the following can perform services for
more than one firm at a time in Washington?
No witness testimony is accepted. - Answer - Which of the following statements
about a brief adjudicative hearing in Washington is true?
Adequate knowledge of the English language - Answer - In addition to real estate-
specific knowledge, what does the Washington licensing exam test for?
From a regular business account at the same bank - Answer - Service fees on
Washington trust accounts may be paid how?
Management agreements - Answer - Washington requires property management
firms to execute written ______ with owners for whom they provide services.
None. The commission provides advice and support to the DOL director. - Answer
- What level of regulatory authority does the Washington Real Estate Commission
have?
The agreement is non-exclusive - Answer - Which of the following assumptions is
made unless otherwise stated in the Washington buyer's agency agreement?
Two - Answer - In Washington, designated brokers must ensure that all contracts
are submitted for recordkeeping at the brokerage no more than ______ days after
the parties sign the contract.
,Five years - Answer - Qualified Washington commission candidates must have at
least ______ years of brokerage experience or a certain amount of related
experience.
The DOL - Answer - Through what state agency does the Washington Real Estate
Commission directly get its authority?
90 - Answer - In Washington, how many hours of coursework must an applicant
complete before applying for a managing broker's license?
The designated broker - Answer - If a third party holds a buyer's earnest money
deposit in Washington, who's ultimately responsible for ensuring the delivery of
those funds?
Tenant - Answer - When disbursing security deposit funds, a Washington property
manager must receive written permission from the ______.
Six - Answer - How many members serve on the Washington Real Estate
Commission?
Real Estate Commission - Answer - Which entity creates regulations governing
real estate activities in Washington?
She'll need to take her exam again, then apply for her license. - Answer - Carol
passed her Washington licensing exam 14 months ago and hasn't applied for her
license. What happens now, if she still wants to be a broker?
Institute of Real Estate Management - Answer - Which organization provides the
Certified Property Manager credential?
, Your firm - Answer - On both the Washington buyer's agency and buyer's no-
agency agreements, who appoints you as the buyer's broker?
Five - Answer - If a Washington real estate firm is closing, the firm's designated
broker must provide an affidavit to the Washington State Department of Licensing
within ______ days.
Three years - Answer - After completing the coursework required for the
Washington managing broker's exam, how long does a candidate have to complete
the exam?
Filling in legal forms - Answer - In Washington, which of the following tasks
require a real estate license?
Home inspection companies - Answer - The Revised Code of Washington that are
related to real estate licensing specifically address licensee's responsibilities for
providing referrals to what type of third party?
One year or more - Answer - Some Washington real estate brokerage records may
be kept offsite if they're for transactions that closed how long ago?
Washington Administrative Code - Answer - Where can a licensee find detailed
information about a Washington broker's responsibilities?
120 days before expiration - Answer - What's the earliest that a firm can submit a
license renewal application in Washington?
