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WASHINGTON REAL ESTATE {STATE PORTION} TEST 2025 WITH 250 REAL EXAM PREP QUESTIONS AND CORRECT ANSWERS/ WA REAL ESTATE LICENSURE TEST 2025/ WA RE FUNDAMENTALS EXAM 2025

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WASHINGTON REAL ESTATE {STATE PORTION} TEST 2025 WITH 250 REAL EXAM PREP QUESTIONS AND CORRECT ANSWERS/ WA REAL ESTATE LICENSURE TEST 2025/ WA RE FUNDAMENTALS EXAM 2025 WASHINGTON REAL ESTATE {STATE PORTION} TEST 2025 WITH 250 REAL EXAM PREP QUESTIONS AND CORRECT ANSWERS/ WA REAL ESTATE LICENSURE TEST 2025/ WA RE FUNDAMENTALS EXAM 2025

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WASHINGTON REAL ESTATE {STATE PORTION} TEST 2025 WITH 250
REAL EXAM PREP QUESTIONS AND CORRECT ANSWERS/ WA REAL
ESTATE LICENSURE TEST 2025/ WA RE FUNDAMENTALS EXAM 2025

Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following
statements best describes the deposit of this trust money?

Rebecca may deposit it in the firm's regular trust account.

Rebecca must deposit it in an individual trust account set up for just this client.

Rebecca must deposit the funds in a non-interest bearing trust account.

Rebecca must deposit the funds into a DOL special trust fund account. - ANSWER-**Rebecca may
deposit it in the firm's regular trust account.



What's the minimum financial penalty that can be imposed for a violation of licensing law in
Washington?

$1,000

$250

$500

No minimum - ANSWER-No min



Robert's Washington license was immediately restricted when he received notice that a complaint
had been filed against him and an investigation would follow. What's the earliest that a hearing can
be held after the notice is served?

30 days

45 days

60 days

As soon as possible - ANSWER-ASAP



After completing the required coursework, a candidate has ______ year(s) to complete the
Washington broker's exam.



Five

One

,Three

Two - ANSWER-two



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.

They're limited to those duties outlined in the administrative regulations.

They're prescribed only in statutory law. - ANSWER-They include but aren't limited to those in the
regulations.



Who, with the advice and support of the Real Estate Commission, establishes rules and regulations
and enforces real estate licensing law in Washington?

Business and Professions Division

DOL director

The governor

Washington attorney general - ANSWER-DOL director



Howard is a managing broker in Spokane. His licensees, Jane and John, represent two sides in a single
transaction. Jane represents the seller; John represents the buyer. What role does Howard play in
this transaction?

Howard is a dual agent for both the buyer and the seller.

Howard is an agent to the buyer.

Howard is an agent to the seller.

Howard is a transactional coordinator. - ANSWER-Howard is a dual agent for both the buyer and
the seller.



At the conclusion of a brief hearing in Washington, how are parties informed of the presiding
officer's decision?

A written initial order will be served on both parties within 10 days of the hearing.

The director calls each party within 10 days to provide information about the decision.

The officer concludes the hearing by presenting the decision.

The parties must appear at a secondary hearing to hear the decision. - ANSWER-A written initial
order will be served on both parties within 10 days of the hearing.

, In general, applicants for a Washington managing broker's license may substitute ______ years of
closely related experience for the three years of required broker experience.

Eight

Five

Six

Three - ANSWER-Five



Selena is a buyer who hasn't signed a representation agreement with anyone. Before Howie, a
Washington broker, shows Selena a property for sale, he discloses that he represents the seller.
Howie then shows Selena several properties his brokerage has listed. Who is Howie's client?

His managing broker

Selena

The firm

The seller - ANSWER-The seller



Washington's director has elected to take steps to restrict a managing broker from supervising
brokers until after the broker's hearing has taken place. What's the official term for this type of
action?

Permanent

Summary

Temporary

Urgency - ANSWER-Summary

Summary action takes place without a hearing and is implemented by the director when an
investigation uncovers acts that the director feels should be stopped immediately.



Which document is signed and agreed to at closing and reconciles what the final financial obligations
are for both the buyer and seller?

Affidavit of title

Closing statement

Sales agreement

Title insurance policy - ANSWER-Closing statement

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