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Washington State portion (real estate exam) comprehensive questions and verified answers ( detailed & elaborated) ACTUAL EXAM 2026/2027 TEST!! A+ graded|Brand New!!

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Preview 4 out of 78 pages

Washington State portion (real estate exam) comprehensive questions and verified answers ( detailed & elaborated) ACTUAL EXAM 2026/2027 TEST!! A+ graded|Brand New!!

Content preview

Washington State portion (real estate exam)

comprehensive questions and verified answers (

detailed & elaborated) ACTUAL EXAM 2026/2027

TEST!! A+ graded|Brand New!!




The brokerage must maintain a trust account. - ANSWER-

The brokerage firm can elect to have a third party, such as

the closing company, hold the funds for each individual

transaction.




It appears that Brianne's license in another state makes

her eligible, under Washington's written recognition

agreement, to get her Washington license. Which of the

following is a step Brianne has to take to get the license?

,Obtain and submit to the DOL a certified license history

from her home state.




Pass the national portion of the Washington exam.




Submit a detailed work history to the DOL.




Take a 30-hour real estate law class and then take her

exam. - ANSWER-Obtain and submit to the DOL a

certified license history from her home state.




How are Washington commission members selected?




Appointed by the DOL director

,Appointed by the governor

Elected by the public

Elected by the Washington Association of REALTORS® -

ANSWER-Appointed by the governor




If a Washington real estate firm has a branch office, who's

responsible for ensuring that the affiliated licensees

maintain their licenses?




Branch manager

Broker

Designated broker

Managing broker - ANSWER-Branch manager

, When homebuyers agree to open an escrow account for

their mortgage, the mortgage lender uses that money to

pay ______.




Escrow fees

Insurance and principal

Taxes and insurance

Taxes and principal - ANSWER-Taxes and insurance




What's true about broker responsibilities in Washington?




The only duties are those found in agency common law.

They include but aren't limited to those in the regulations.

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