Washington Advanced Real Estate
Practices (Continuing Education 2025)
"Whites only"
A) is allowed in an advertisement for private housing by a non licensed property
owner.
B) is allowed in an advertisement for the sale of government housing when the
property is not represented by a licensee.
C) is allowed in an advertisement for rental property by a licensed property manager.
D) is always prohibited in advertising. - ANS-D) is always prohibited in advertising.
\A __________ is a method used for establishing value or rent by performing a
survey of similar properties in the area.
A) market survey
B) property screening
C) tenant examination
D) appraisal survey - ANS-A) market survey
\A "reasonable" occupancy standard is usually defined as:
A) Two persons per room.
B) One person per room plus up to 2 additional persons.
C) Two persons per room plus one additional person.
D) One person per room. - ANS-C) Two persons per room plus one additional
person.
\A 90-day notice to evict a tenant from a rental property is only necessary when the:
A) tenant will be moving out before the expiration of the lease.
B) landlord will be filing for bankruptcy protection.
C) property is being converted to a condominium.
D) rent increase will be greater than 10%. - ANS-C) property is being converted to a
condominium.
\A branch office must be managed by a:
A) sole proprietor designated broker.
B) licensed personal assistant.
C) branch manager.
D) managing broker. - ANS-C) branch manager.
\A broker acting as a property manager of a building was instructed by the owner to
paint the building for $1,000. Without the owner's knowledge and consent
I. the broker could contract the job for $800 and keep the extra $200.
II. the broker could accept a rebate from the painter.
A) II only
B) I only
C) Both I and II
,D) Neither I nor II - ANS-D) Neither I nor II
\A broker must submit mutually accepted transaction documents to the designated
broker within:
A) five banking days.
B) the next business day.
C) three banking days.
D) two business days. - ANS-D) two business days.
\A broker obtained a signed offer and earnest money deposit from a buyer. The
buyer later called to say they were being transferred to a new city and wanted to
withdraw their offer. However, the broker already delivered it to the seller and was
waiting to hear if the seller accepted it. In this case, the buyer:
A) is within his rights to withdraw his offer.
B) must forfeit his entire earnest money deposit.
C) must forfeit a portion of his earnest money deposit.
D) could be successfully sued for specific performance. - ANS-A) is within his rights
to withdraw his offer.
\A broker owes the duty to disclose known defects and __________, even to the
party on the other side of the transaction.
A) defects that are reasonably discoverable
B) real estate license disciplinary actions
C) reasons why the seller is selling
D) the firm's trust fund account balances - ANS-A) defects that are reasonably
discoverable
\A comparative market analysis may also be known as a:
A) buyer's price analysis.
B) seller's property estimation.
C) broker's price opinion.
D) real estate appraisal. - ANS-C) broker's price opinion.
\A contract that employs one person to act on behalf of another person and to
represent the interests of that person to third parties creates
A) an agency.
B) a fee simple defensible relationship.
C) an owelty.
D) a lis pendens if recorded in the time specified. - ANS-A) an agency.
\A designated broker can be associated with how many brokerage firms at one time?
A) There is no limit
B) One
C) Five
D) Two - ANS-A) There is no limit
\A licensed real estate firm must:
A) be open to the public.
B) have at least 2 managing brokers.
C) pay E&O Insurance premiums to the DOL.
D) treat brokers as employees. - ANS-A) be open to the public.
, \A licensee finds herself in a conversation with several other licensees about
commission rates. Knowing that she may be included in a price fixing scheme, she
remains silent and does not contribute to the conversation.
Which of these statements is true about this scenario?
A) She should have explicitly stated that she will not talk about her commission rates
B) She should have pointed out that their conversation may be a tying arrangement
C) She did exactly what she was supposed to
D) She should have disavowed herself from the conversation and left - ANS-D) She
should have disavowed herself from the conversation and left
\A licensee mentions to fellow licensees from other brokerages at lunch one day,
"Despite the declining economy, I'm thinking about keeping my rates at 6%." This
conversation provides the foundation for an action involving:
A) Tying arrangement.
B) Collusion.
C) Price fixing.
D) Group boycotting. - ANS-C) Price fixing.
\A licensee who is as an independent contractor:
A) can have their income tax withholdings paid by the firm.
B) is required to pay all income tax witholdings.
C) is not required to pay an income tax.
D) is required to pay only select portions of income tax witholdings. - ANS-B) is
required to pay all income tax witholdings.
\A newly licensed broker will be supervised more closely during the first __________
of the broker's real estate career.
A) 48 months
B) two years
C) seven years
D) five years - ANS-B) two years
\A property manager may delegate the responsibility for managing a clients' trust
account to another person, but the:
A) reconciliation will need to be completed every two weeks instead of monthly.
B) property manager is still responsible for all funds and transactions.
C) delegated person must forward the account records to the DOL for review.
D) property owner must enter into an agreement with the delegated person. -
ANS-B) property manager is still responsible for all funds and transactions.
\A property manager must disclose in writing to the owner in a timely manner the use
of any employees or a business in which the property manager has a financial
interest who are to perform work on an owner's property.
A) True
B) False - ANS-A) True
\A property manager:
A) can physically remove a tenant without proper notice.
B) is an agent of the property owner.
C) must have a designated broker endorsement.
Practices (Continuing Education 2025)
"Whites only"
A) is allowed in an advertisement for private housing by a non licensed property
owner.
B) is allowed in an advertisement for the sale of government housing when the
property is not represented by a licensee.
C) is allowed in an advertisement for rental property by a licensed property manager.
D) is always prohibited in advertising. - ANS-D) is always prohibited in advertising.
\A __________ is a method used for establishing value or rent by performing a
survey of similar properties in the area.
A) market survey
B) property screening
C) tenant examination
D) appraisal survey - ANS-A) market survey
\A "reasonable" occupancy standard is usually defined as:
A) Two persons per room.
B) One person per room plus up to 2 additional persons.
C) Two persons per room plus one additional person.
D) One person per room. - ANS-C) Two persons per room plus one additional
person.
\A 90-day notice to evict a tenant from a rental property is only necessary when the:
A) tenant will be moving out before the expiration of the lease.
B) landlord will be filing for bankruptcy protection.
C) property is being converted to a condominium.
D) rent increase will be greater than 10%. - ANS-C) property is being converted to a
condominium.
\A branch office must be managed by a:
A) sole proprietor designated broker.
B) licensed personal assistant.
C) branch manager.
D) managing broker. - ANS-C) branch manager.
\A broker acting as a property manager of a building was instructed by the owner to
paint the building for $1,000. Without the owner's knowledge and consent
I. the broker could contract the job for $800 and keep the extra $200.
II. the broker could accept a rebate from the painter.
A) II only
B) I only
C) Both I and II
,D) Neither I nor II - ANS-D) Neither I nor II
\A broker must submit mutually accepted transaction documents to the designated
broker within:
A) five banking days.
B) the next business day.
C) three banking days.
D) two business days. - ANS-D) two business days.
\A broker obtained a signed offer and earnest money deposit from a buyer. The
buyer later called to say they were being transferred to a new city and wanted to
withdraw their offer. However, the broker already delivered it to the seller and was
waiting to hear if the seller accepted it. In this case, the buyer:
A) is within his rights to withdraw his offer.
B) must forfeit his entire earnest money deposit.
C) must forfeit a portion of his earnest money deposit.
D) could be successfully sued for specific performance. - ANS-A) is within his rights
to withdraw his offer.
\A broker owes the duty to disclose known defects and __________, even to the
party on the other side of the transaction.
A) defects that are reasonably discoverable
B) real estate license disciplinary actions
C) reasons why the seller is selling
D) the firm's trust fund account balances - ANS-A) defects that are reasonably
discoverable
\A comparative market analysis may also be known as a:
A) buyer's price analysis.
B) seller's property estimation.
C) broker's price opinion.
D) real estate appraisal. - ANS-C) broker's price opinion.
\A contract that employs one person to act on behalf of another person and to
represent the interests of that person to third parties creates
A) an agency.
B) a fee simple defensible relationship.
C) an owelty.
D) a lis pendens if recorded in the time specified. - ANS-A) an agency.
\A designated broker can be associated with how many brokerage firms at one time?
A) There is no limit
B) One
C) Five
D) Two - ANS-A) There is no limit
\A licensed real estate firm must:
A) be open to the public.
B) have at least 2 managing brokers.
C) pay E&O Insurance premiums to the DOL.
D) treat brokers as employees. - ANS-A) be open to the public.
, \A licensee finds herself in a conversation with several other licensees about
commission rates. Knowing that she may be included in a price fixing scheme, she
remains silent and does not contribute to the conversation.
Which of these statements is true about this scenario?
A) She should have explicitly stated that she will not talk about her commission rates
B) She should have pointed out that their conversation may be a tying arrangement
C) She did exactly what she was supposed to
D) She should have disavowed herself from the conversation and left - ANS-D) She
should have disavowed herself from the conversation and left
\A licensee mentions to fellow licensees from other brokerages at lunch one day,
"Despite the declining economy, I'm thinking about keeping my rates at 6%." This
conversation provides the foundation for an action involving:
A) Tying arrangement.
B) Collusion.
C) Price fixing.
D) Group boycotting. - ANS-C) Price fixing.
\A licensee who is as an independent contractor:
A) can have their income tax withholdings paid by the firm.
B) is required to pay all income tax witholdings.
C) is not required to pay an income tax.
D) is required to pay only select portions of income tax witholdings. - ANS-B) is
required to pay all income tax witholdings.
\A newly licensed broker will be supervised more closely during the first __________
of the broker's real estate career.
A) 48 months
B) two years
C) seven years
D) five years - ANS-B) two years
\A property manager may delegate the responsibility for managing a clients' trust
account to another person, but the:
A) reconciliation will need to be completed every two weeks instead of monthly.
B) property manager is still responsible for all funds and transactions.
C) delegated person must forward the account records to the DOL for review.
D) property owner must enter into an agreement with the delegated person. -
ANS-B) property manager is still responsible for all funds and transactions.
\A property manager must disclose in writing to the owner in a timely manner the use
of any employees or a business in which the property manager has a financial
interest who are to perform work on an owner's property.
A) True
B) False - ANS-A) True
\A property manager:
A) can physically remove a tenant without proper notice.
B) is an agent of the property owner.
C) must have a designated broker endorsement.
