Washington State Real Estate License Exam
Review 2026 | Comprehensive Q&A | Detailed,
Verified & Exam-Focused
1. At what point in a transaction must you disclose your agency status in writing?
A. at closing
B. When first meeting any potential party to the transaction
C. Within 24 hours after a party signs an offer
D. Before a party signs an offer: D. Before a party signs an offer
2. A counteroffer:
A. acts as a rejection of the current offer
B. is used to rescind a previously existing contract
C. is used to only to make an offer contingent on a particular event
D. is used when a buyer wants to make an offer where the seller has already accepted
an offer: A. acts as rejection of the current offer
3. Which of the following practices would not be an illegal discrimination action?
A. Always assigning minority buyers to work with minority agents
B. Referring all Spanish-speaking buyers to Spanish-speaking colleagues
C. referring a buyer to a spanish-speaking colleague after the buyer expressed a
preference to work with a Spanish-speaking agent
D. Failing to transmit an offer from an asian buyer to the seller of the property
in an all-white neighborhood: C. referring a buyer to a spanish-speaking colleague after
the buyer expressed a preference to work with a Spanish-speaking agent
4. if a contingency is not fulfilled despite a good faith effort to fulfill it, what may the
person who benefits from the contingency do?
A. terminate the agreement and have the earnest money deposit returned
,B. waive the contingency and continue with the agreement
C. Sue the other party for a breach of contract
D. Either A or B: D. Either A or B
5. Under which type of listing will the seller owe a commission to the listing agent
regardless of who is the procuring cause of the sale?
A. open listing
b. exclusive agency
c. exclusive right to sell
d. net listing: C. exclusive right to sell
6. under which type of listing will an agent receive a commission only if he is the
procuring cause of the sale?
A. open listing
b. exclusive agency
c. exclusive right to sell
d. net listing: a. open listin
7. all of the following should be taken into account in choosing a closing date, except:
a. the due date of the next installment of property taxes
b. how long the seller needs to make any necessary repairs
c. whether the buyer needs to sell her current home
d. the time needed to clear away any liens: a. the due date of the next installment of
property taxes
8. excise tax is usually paid by the:
a. buyer
b. seller
c. lender
,d. borrower: b. seller
9. which document should be prepared if the buyer plans to take possession before the
closing date?
a. rental agreement
b. sale of buyer's home contingency
c. bump notice
d. backup offer: a. rental agreement
10. a conventional loan can be:
a. an ARM
b. a 15-year loan
c. a 30-year loan
d. all of the above: d. all of the above
11. Which party to a purchase and sale agreement usually benefits from a
contingency?
a. buyer
b. seller
c. designated broker
d. second buyer: a. buyer
12. all trust fund deposit of $10,000 or less that will be placed in a brokerage's account
must be put in the:
a. pooled trust account
b. operations account
c. designated broker's personal account
d. trust account set up specifically for the inddividual client: a. pooled trust account
13. which party is usually responsible for the cost of modifications or repairs made as a
result of unsatisfactory inspection results? a. buyer
, b. seller
c. listing agent
d. none of the above: b. seller
14. disclosure of and consent to a dual agency
a. are not required in a transaction where both agents work for the same brokerage
b. must occur only after the parties sign the purchase and sale agreement
c. must be in writing
d. allow the agent to promote the interest of one party over that of another party:
c. must be in writing
15. in a VA transaction, who pays the points?
a. the buyer
b. the seller
c. as negotiated between the buyer and seller
d. the government: c. as negotiated between the buyer and seller
16. which of the following is the duration of a listing agreement in the state of
Washington?
a. 30 days
b. 90 days
c. 180 days
d. whatever the agent and seller agree upon: d. whatever the agent and seller agree
upon
17. which of the following is a material fact that an agent would be required to disclose?
a. the roof leaks during rainy weather
b. the house was once the site of a suicide
c. the house was once rented by gang members
Review 2026 | Comprehensive Q&A | Detailed,
Verified & Exam-Focused
1. At what point in a transaction must you disclose your agency status in writing?
A. at closing
B. When first meeting any potential party to the transaction
C. Within 24 hours after a party signs an offer
D. Before a party signs an offer: D. Before a party signs an offer
2. A counteroffer:
A. acts as a rejection of the current offer
B. is used to rescind a previously existing contract
C. is used to only to make an offer contingent on a particular event
D. is used when a buyer wants to make an offer where the seller has already accepted
an offer: A. acts as rejection of the current offer
3. Which of the following practices would not be an illegal discrimination action?
A. Always assigning minority buyers to work with minority agents
B. Referring all Spanish-speaking buyers to Spanish-speaking colleagues
C. referring a buyer to a spanish-speaking colleague after the buyer expressed a
preference to work with a Spanish-speaking agent
D. Failing to transmit an offer from an asian buyer to the seller of the property
in an all-white neighborhood: C. referring a buyer to a spanish-speaking colleague after
the buyer expressed a preference to work with a Spanish-speaking agent
4. if a contingency is not fulfilled despite a good faith effort to fulfill it, what may the
person who benefits from the contingency do?
A. terminate the agreement and have the earnest money deposit returned
,B. waive the contingency and continue with the agreement
C. Sue the other party for a breach of contract
D. Either A or B: D. Either A or B
5. Under which type of listing will the seller owe a commission to the listing agent
regardless of who is the procuring cause of the sale?
A. open listing
b. exclusive agency
c. exclusive right to sell
d. net listing: C. exclusive right to sell
6. under which type of listing will an agent receive a commission only if he is the
procuring cause of the sale?
A. open listing
b. exclusive agency
c. exclusive right to sell
d. net listing: a. open listin
7. all of the following should be taken into account in choosing a closing date, except:
a. the due date of the next installment of property taxes
b. how long the seller needs to make any necessary repairs
c. whether the buyer needs to sell her current home
d. the time needed to clear away any liens: a. the due date of the next installment of
property taxes
8. excise tax is usually paid by the:
a. buyer
b. seller
c. lender
,d. borrower: b. seller
9. which document should be prepared if the buyer plans to take possession before the
closing date?
a. rental agreement
b. sale of buyer's home contingency
c. bump notice
d. backup offer: a. rental agreement
10. a conventional loan can be:
a. an ARM
b. a 15-year loan
c. a 30-year loan
d. all of the above: d. all of the above
11. Which party to a purchase and sale agreement usually benefits from a
contingency?
a. buyer
b. seller
c. designated broker
d. second buyer: a. buyer
12. all trust fund deposit of $10,000 or less that will be placed in a brokerage's account
must be put in the:
a. pooled trust account
b. operations account
c. designated broker's personal account
d. trust account set up specifically for the inddividual client: a. pooled trust account
13. which party is usually responsible for the cost of modifications or repairs made as a
result of unsatisfactory inspection results? a. buyer
, b. seller
c. listing agent
d. none of the above: b. seller
14. disclosure of and consent to a dual agency
a. are not required in a transaction where both agents work for the same brokerage
b. must occur only after the parties sign the purchase and sale agreement
c. must be in writing
d. allow the agent to promote the interest of one party over that of another party:
c. must be in writing
15. in a VA transaction, who pays the points?
a. the buyer
b. the seller
c. as negotiated between the buyer and seller
d. the government: c. as negotiated between the buyer and seller
16. which of the following is the duration of a listing agreement in the state of
Washington?
a. 30 days
b. 90 days
c. 180 days
d. whatever the agent and seller agree upon: d. whatever the agent and seller agree
upon
17. which of the following is a material fact that an agent would be required to disclose?
a. the roof leaks during rainy weather
b. the house was once the site of a suicide
c. the house was once rented by gang members
