Washington Real Estate Exam Practice
Questions With Correct Answers
Candidates |for |a |Washington |commission |seat |must |have |five |years |of |brokerage |experience |
or |______ |years |of |experience |in |a |related |investigative |position. |- |CORRECT |ANSWER✔✔-
Three
Rachel, |a |REALTOR®, |is |transferring |her |Washington |broker's |license |to |a |new |firm. |She |calls |all
|of |her |clients |and |asks |them |to |request |that |they |be |allowed |to |terminate |their |agreements |
with |her |old |firm |and |move |with |her |to |the |new |firm. |What |code |or |agreement |has |Rachel |
violated? |- |CORRECT |ANSWER✔✔-The |REALTOR® |Code |of |Ethics
In |the |real |estate |business, |which |professional's |primary |role |is |to |provide |clients |with |the |
information |they |need |to |make |informed |decisions |about |their |own |specific |real |estate |
interests? |- |CORRECT |ANSWER✔✔-Real |estate |counselor
What |is |the |purpose |of |Washington's |Uniform |Regulation |of |Business |and |Professions |act? |- |
CORRECT |ANSWER✔✔-Consolidate |disciplinary |procedures |for |all |licensed |professions |in |
Washington
Which |of |the |following |is |true |of |a |Washington |real |estate |firm |operating |as |a |corporation? |- |
CORRECT |ANSWER✔✔-The |corporation |must |furnish |a |certified |copy |of |the |articles |of |
incorporation |to |the |DOL.
In |Washington, |______ |of |the |license |application, |renewal, |or |reactivation |fee |is |used |to |
support |WCRER. |- |CORRECT |ANSWER✔✔-$10
Even |without |delegated |authority |from |a |designated |broker, |what |is |a |Washington |branch |
manager |authorized |to |do |relative |to |employed |licensees? |- |CORRECT |ANSWER✔✔-Hire
, Which |of |the |following |can |perform |services |for |more |than |one |firm |at |a |time |in |Washington?
|- |CORRECT |ANSWER✔✔-Designated |broker
Which |of |the |following |statements |about |a |brief |adjudicative |hearing |in |Washington |is |true? |- |
CORRECT |ANSWER✔✔-No |witness |testimony |is |accepted.
In |addition |to |real |estate-specific |knowledge, |what |does |the |Washington |licensing |exam |test |
for? |- |CORRECT |ANSWER✔✔-Adequate |knowledge |of |the |English |language
Service |fees |on |Washington |trust |accounts |may |be |paid |how? |- |CORRECT |ANSWER✔✔-From |a
|regular |business |account |at |the |same |bank
Washington |requires |property |management |firms |to |execute |written |______ |with |owners |for |
whom |they |provide |services. |- |CORRECT |ANSWER✔✔-Management |agreements
What |level |of |regulatory |authority |does |the |Washington |Real |Estate |Commission |have? |- |
CORRECT |ANSWER✔✔-None. |The |commission |provides |advice |and |support |to |the |DOL |
director.
Which |of |the |following |assumptions |is |made |unless |otherwise |stated |in |the |Washington |
buyer's |agency |agreement? |- |CORRECT |ANSWER✔✔-The |agreement |is |non-exclusive
In |Washington, |designated |brokers |must |ensure |that |all |contracts |are |submitted |for |
recordkeeping |at |the |brokerage |no |more |than |______ |days |after |the |parties |sign |the |contract.
|- |CORRECT |ANSWER✔✔-Two
Qualified |Washington |commission |candidates |must |have |at |least |______ |years |of |brokerage |
experience |or |a |certain |amount |of |related |experience. |- |CORRECT |ANSWER✔✔-Five |years
Questions With Correct Answers
Candidates |for |a |Washington |commission |seat |must |have |five |years |of |brokerage |experience |
or |______ |years |of |experience |in |a |related |investigative |position. |- |CORRECT |ANSWER✔✔-
Three
Rachel, |a |REALTOR®, |is |transferring |her |Washington |broker's |license |to |a |new |firm. |She |calls |all
|of |her |clients |and |asks |them |to |request |that |they |be |allowed |to |terminate |their |agreements |
with |her |old |firm |and |move |with |her |to |the |new |firm. |What |code |or |agreement |has |Rachel |
violated? |- |CORRECT |ANSWER✔✔-The |REALTOR® |Code |of |Ethics
In |the |real |estate |business, |which |professional's |primary |role |is |to |provide |clients |with |the |
information |they |need |to |make |informed |decisions |about |their |own |specific |real |estate |
interests? |- |CORRECT |ANSWER✔✔-Real |estate |counselor
What |is |the |purpose |of |Washington's |Uniform |Regulation |of |Business |and |Professions |act? |- |
CORRECT |ANSWER✔✔-Consolidate |disciplinary |procedures |for |all |licensed |professions |in |
Washington
Which |of |the |following |is |true |of |a |Washington |real |estate |firm |operating |as |a |corporation? |- |
CORRECT |ANSWER✔✔-The |corporation |must |furnish |a |certified |copy |of |the |articles |of |
incorporation |to |the |DOL.
In |Washington, |______ |of |the |license |application, |renewal, |or |reactivation |fee |is |used |to |
support |WCRER. |- |CORRECT |ANSWER✔✔-$10
Even |without |delegated |authority |from |a |designated |broker, |what |is |a |Washington |branch |
manager |authorized |to |do |relative |to |employed |licensees? |- |CORRECT |ANSWER✔✔-Hire
, Which |of |the |following |can |perform |services |for |more |than |one |firm |at |a |time |in |Washington?
|- |CORRECT |ANSWER✔✔-Designated |broker
Which |of |the |following |statements |about |a |brief |adjudicative |hearing |in |Washington |is |true? |- |
CORRECT |ANSWER✔✔-No |witness |testimony |is |accepted.
In |addition |to |real |estate-specific |knowledge, |what |does |the |Washington |licensing |exam |test |
for? |- |CORRECT |ANSWER✔✔-Adequate |knowledge |of |the |English |language
Service |fees |on |Washington |trust |accounts |may |be |paid |how? |- |CORRECT |ANSWER✔✔-From |a
|regular |business |account |at |the |same |bank
Washington |requires |property |management |firms |to |execute |written |______ |with |owners |for |
whom |they |provide |services. |- |CORRECT |ANSWER✔✔-Management |agreements
What |level |of |regulatory |authority |does |the |Washington |Real |Estate |Commission |have? |- |
CORRECT |ANSWER✔✔-None. |The |commission |provides |advice |and |support |to |the |DOL |
director.
Which |of |the |following |assumptions |is |made |unless |otherwise |stated |in |the |Washington |
buyer's |agency |agreement? |- |CORRECT |ANSWER✔✔-The |agreement |is |non-exclusive
In |Washington, |designated |brokers |must |ensure |that |all |contracts |are |submitted |for |
recordkeeping |at |the |brokerage |no |more |than |______ |days |after |the |parties |sign |the |contract.
|- |CORRECT |ANSWER✔✔-Two
Qualified |Washington |commission |candidates |must |have |at |least |______ |years |of |brokerage |
experience |or |a |certain |amount |of |related |experience. |- |CORRECT |ANSWER✔✔-Five |years
