WA State General Rules Final Review
Exam and All Correct Answers 2025-
2026 Updated.
Advertising - Answer any communication, oral, written, or otherwise, to induce a person to
use the services of a real estate firm, broker, managing broker, or designated broker.
Affiliated licensee - Answer Natural person who is licensed under and represents a real estate
firm in the performance of acts of brokerage.
Board - Answer refers to the governing board of any agency overseen by the DOL, Such as the
Washington Real Estate Commission
Branch Manager - Answer natural person who has been authorized by the designated broker
to manage a single physical location of a branch office. Branch managers must have a managing
broker's license and must have been issued an endorsement by the Commission.
Branch Office - Answer A separate physical office of the real estate firm with a different
mailing address of the main firm office
Broker - Answer A natural (individual) person who provides real estate brokerage services
under the supervision of a designated broker or managing broker but performs no supervisory
functions over other brokers.
Business Opportunity - Answer A business or business entity, when the transaction or business
includes an interest in real property.
Clear and conspicuous in advertising - Answer Presented in a manner so as to be readily
noticed and understood
Commercial Real Estate - Answer Other than one to four-unit residential real estate.
Commission - Answer The real estate commission of the state of Washington
, person designated by a business entity, such as a corporation or limited liability company, who's
endorsed by the DOL to act as a designated broker for the firm or firms. Each firm needs an
appointed designated broker.
Director - Answer The director of the DOL
Firm - Answer A sole proprietorship, partnership, limited liability partnership, corporation,
limited liability company, or other legally recognized business entity that conducts real estate
brokerage services and is licensed by the department as a real estate firm.
Inactive License - Answer A license that is not expired but not affiliated with a firm. Engaging
in acts of brokerage is not permitted with an inactive license
Licensee - Answer A person holding a license as a real estate firm, managing broker, or broker.
An affiliated licensee is anyone licensed with a firm, working under the designated broker.
Managing broker - Answer A natural person who performs real estate brokerage services
under the supervision of a designated broker and supervises other licensees or managing
brokers licensed with the same firm.
powers and duties of the real estate commission and director - Answer The Washington real
estate industry is cooperatively governed by the DOL, director, and the Washington Real Estate
Commission.
The DOL and the Commission administer license law and develop and enforce rules and
regulations.
Washington real estate specific governance and hierarchy flow - Answer 1.The governor and
legislature
2.The DOL director
3.DOL
4.The Business and Professions Division
5.The Real Estate Division
6.The Commission
The Governor and Legislature - Answer Creates laws and statutes
Exam and All Correct Answers 2025-
2026 Updated.
Advertising - Answer any communication, oral, written, or otherwise, to induce a person to
use the services of a real estate firm, broker, managing broker, or designated broker.
Affiliated licensee - Answer Natural person who is licensed under and represents a real estate
firm in the performance of acts of brokerage.
Board - Answer refers to the governing board of any agency overseen by the DOL, Such as the
Washington Real Estate Commission
Branch Manager - Answer natural person who has been authorized by the designated broker
to manage a single physical location of a branch office. Branch managers must have a managing
broker's license and must have been issued an endorsement by the Commission.
Branch Office - Answer A separate physical office of the real estate firm with a different
mailing address of the main firm office
Broker - Answer A natural (individual) person who provides real estate brokerage services
under the supervision of a designated broker or managing broker but performs no supervisory
functions over other brokers.
Business Opportunity - Answer A business or business entity, when the transaction or business
includes an interest in real property.
Clear and conspicuous in advertising - Answer Presented in a manner so as to be readily
noticed and understood
Commercial Real Estate - Answer Other than one to four-unit residential real estate.
Commission - Answer The real estate commission of the state of Washington
, person designated by a business entity, such as a corporation or limited liability company, who's
endorsed by the DOL to act as a designated broker for the firm or firms. Each firm needs an
appointed designated broker.
Director - Answer The director of the DOL
Firm - Answer A sole proprietorship, partnership, limited liability partnership, corporation,
limited liability company, or other legally recognized business entity that conducts real estate
brokerage services and is licensed by the department as a real estate firm.
Inactive License - Answer A license that is not expired but not affiliated with a firm. Engaging
in acts of brokerage is not permitted with an inactive license
Licensee - Answer A person holding a license as a real estate firm, managing broker, or broker.
An affiliated licensee is anyone licensed with a firm, working under the designated broker.
Managing broker - Answer A natural person who performs real estate brokerage services
under the supervision of a designated broker and supervises other licensees or managing
brokers licensed with the same firm.
powers and duties of the real estate commission and director - Answer The Washington real
estate industry is cooperatively governed by the DOL, director, and the Washington Real Estate
Commission.
The DOL and the Commission administer license law and develop and enforce rules and
regulations.
Washington real estate specific governance and hierarchy flow - Answer 1.The governor and
legislature
2.The DOL director
3.DOL
4.The Business and Professions Division
5.The Real Estate Division
6.The Commission
The Governor and Legislature - Answer Creates laws and statutes
