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Exam (elaborations)

Washington State Brokers Exam Cram Test #1

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16 pages
2022/2023 Written for academic year
Institution Washington State Brokers
Course Washington State Brokers
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Which of the following best describes the difference between building codes and zoning regulations? - Building codes affect improvements on the property; zoning regulations control the use of real property A independent contractor relationship between a real estate brokerage firm and a licensee requires that the: - brokerage and licensee must enter into a written agreement An advertisement for a house includes only the following phrase about financing: "Assume the owners original loan with only a $1000 downpayment!" What is wrong with this advertisement? - It doesnt also include the loans annual percentage rate and other financing terms Bobs property has a fair market value of $. It is in a county where properties are assessed at 50% of value, and the tax rate is $55 per $1000 of assessed value. Whats Bobs annual property tax? - $5,225

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