WASHINGTON STATE BROKER EXAM (STATE PORTION)

Pre-licensing edu # of hours - Answer- 90 hours Audits on Trust accounts - Answer- every 3 years Continuting Ed - Answer- 60 hours Managing Broker needs __ years experience - Answer- 3 years Security Deposit Returns - Answer- 21 days First time renewal coursework - Answer- New licensees complete 30 hours of advanced practice, 30 hours of real estate law, 27 hours of CE, and the three-hour core course to renew. Subsequent license renewal requires 27 hours of CE and the core course. The director has decided that Marty's infraction wasn't serious, but Marty must be put on notice that his actions aren't acceptable. The director can issue a letter of ______ or reprimand. - Answer- Censure In Washington, a designated broker ______. - Answer- Holds a managing broker's license with a special DOL endorsement The ______ Division oversees all licensed professions in Washington. - Answer- Business and Professions In addition to the required education and experience to request a substitution, what must applicants for a Washington managing broker's license submit with the application? - Answer- Detailed Resume