Washington State Real Estate Exam –
2025/2026 Updated Study Guide & Practice
Questions | 100% Pass Guarantee
Abandonment - correct answerThe voluntary and permanent cessation of use or
enjoyment with no intention to resume or reclaim one's possession or interest. May
pertain to an easement or a property.
Abrogation - correct answerTenants cannot sign away their rights in advance of signing
the lease.
Abstract of Title - correct answerA condensed version of the history of title to a
particular parcel of real estate as recorded in the county clerk's records; consists of a
summary of the original grant and all subsequent conveyances and encumbrances
affecting the property.
Abutting - correct answerThe joining, reaching, or touching of adjoining land. Abutting
parcels of land have a common boundary.
Accelerated Depreciation - correct answerA method of calculating for tax purposes the
depreciation of income property at a faster rat than would be achieved using the
straight-line method. Note** any depreciation taken in excess of that which would be
claimed using the straight-line rate is subject to recapture as ordinary income to the
extent of gain resulting from the sale.
Acceleration Clause - correct answerA provision in a written mortgage, note, bond, or
conditional sales contract that, in the event of a default, the whole amount of principal
and interest may be declared to be due an payable at once.
Accretion - correct answerAn increase or addition to land by the deposit of sand or soil
washed up naturally from a river lake or sea.
Accrued Depreciation - correct answerThe actual depreciation that has occurred to a
property at any given date; the difference between the cost of replacement new (as of
the date of appraisal) and the present appraised value.
Acknowledgment - correct answerA declaration made by a person to a notary public, or
other public official authorized to take acknowledgments that an instrument was
executed by that person as a free and voluntary act.
,Actual Eviction - correct answerThe result of legal action originated by a lessor,
whereby a defaulted tenant is physically ousted from the rented property pursuant to a
court order.
Actual Notice - correct answerExpress information or fact; that which is know; actual
knowledge.
Adjustable-rate Mortgage - correct answerA mortgage in which the interest rate
changes at predetermined intervals. The mortgage has caps, or a ceiling, that limits the
amount it can change at the predetermined intervals.
Administrator - correct answerThe party appointed by the county court to settle the
estate of a deceased person who died without leaving a will.
Ad Valorem Tax - correct answerA tax levied according to value; generally used to refer
to real estate tax. Also called the general tax.
Adverse possession - correct answerThe right of an occupant of land to acquire title
against the real owner, where possession has been actual, continuous, hostile, visible,
and distinct for the statutory period.
Affidavit - correct answerA written statement signed and sworn to before a person
authorized to administer an oath.
Agent - correct answerOne who represents or has the power to act for another person
(called the principal). The authorization may be express or implied. A fiduciary
relationship is created under the law of agency when a property owner, as the principal,
executes a listing agreement or management contract authorizing a licensed real estate
broker to be the owner's agent.
Agreement of sale - correct answerA written agreement whereby the purchaser agrees
to buy certain real estate and the seller agrees to sell, upon terms and conditions set
forth in the agreement.
Air Lot - correct answerA designated airspace over a piece of land. Air lots, like surgace
property, may be transferred.
Air Rights - correct answerThe right to use the open space above a property, generally
allowing the surface to be used for another purpose.
Alienation - correct answerThe act of transferring property to another. Alienation may be
voluntary, such as by gift or sale; or involuntary, such as through eminent domain or
adverse possession.
Alienation Clause - correct answerThe clause in a mortgage or deed of trst that states
that the balance of the secured debt becomes immediately due and payable at the
, mortgagee's option if the property is sold by the mortgagor. In effect, this clause
prevents the mortgagor from assigning the debt without the mortgagee's approval.
Alluvion - correct answerNew deposits of soil as the result of accretion.
Amenitites - correct answerThe tangible and intangible features that increase the value
or desirability of real estate.
Americans with Disabilities Act (ADA) - correct answerA federal law that became
effective in 1992. It is designed to eliminate the discrimination against individuals with
disabilities by mandating equal access to jobs, public accommodations, public
transportation, telecommunications and government services.
Amortization - correct answerThe liquidation of a financial burden by installment
payments.
Amortized Loan - correct answerA loan in which the principal, as well as the interest, is
payable in monthly or other periodic installments over the term of the loan.
Antitrust Laws - correct answerThe laws designed to preserve the free enterprise of the
open marketplace by making illegal certain private conspiracies and combinations
formed to minimize competition. Violations of antitrust laws in the real estate business
generally involve either price fixing (brokers conspiring to set fixed compensation rates)
or allocation of customers or markets (brokers agreeing to limit their areas of trade or
dealing to certain areas or properties).
Appraisal - correct answerAn estimate of the quantity, quality, or value of something.
The process through which conclusions of property value are obtained; also refers to
the report setting forth the process of estimation and conclusion of value.
Appraised Value - correct answerAn estimate of a property's present worth.
Appreciation - correct answerAn increase in the worth or value of a property due to
economic or related causes that may prove to be either temporary or permanent;
opposite of depreciation.
Appurenant - correct answerBelonging to; incident to. Ex: a garage is appurtenant to a
house. The common interest in the common elements of a condominium is appurtenant
to each apartment.
Arbitration - correct answerA means of settling a controversy between two parties
through the medium of an impartial third party whose decision on the controversy (it is
agreed) will be final and binding.
Assemblage - correct answerThe process of merging two or more parcels of real estate
to create one parcel.
2025/2026 Updated Study Guide & Practice
Questions | 100% Pass Guarantee
Abandonment - correct answerThe voluntary and permanent cessation of use or
enjoyment with no intention to resume or reclaim one's possession or interest. May
pertain to an easement or a property.
Abrogation - correct answerTenants cannot sign away their rights in advance of signing
the lease.
Abstract of Title - correct answerA condensed version of the history of title to a
particular parcel of real estate as recorded in the county clerk's records; consists of a
summary of the original grant and all subsequent conveyances and encumbrances
affecting the property.
Abutting - correct answerThe joining, reaching, or touching of adjoining land. Abutting
parcels of land have a common boundary.
Accelerated Depreciation - correct answerA method of calculating for tax purposes the
depreciation of income property at a faster rat than would be achieved using the
straight-line method. Note** any depreciation taken in excess of that which would be
claimed using the straight-line rate is subject to recapture as ordinary income to the
extent of gain resulting from the sale.
Acceleration Clause - correct answerA provision in a written mortgage, note, bond, or
conditional sales contract that, in the event of a default, the whole amount of principal
and interest may be declared to be due an payable at once.
Accretion - correct answerAn increase or addition to land by the deposit of sand or soil
washed up naturally from a river lake or sea.
Accrued Depreciation - correct answerThe actual depreciation that has occurred to a
property at any given date; the difference between the cost of replacement new (as of
the date of appraisal) and the present appraised value.
Acknowledgment - correct answerA declaration made by a person to a notary public, or
other public official authorized to take acknowledgments that an instrument was
executed by that person as a free and voluntary act.
,Actual Eviction - correct answerThe result of legal action originated by a lessor,
whereby a defaulted tenant is physically ousted from the rented property pursuant to a
court order.
Actual Notice - correct answerExpress information or fact; that which is know; actual
knowledge.
Adjustable-rate Mortgage - correct answerA mortgage in which the interest rate
changes at predetermined intervals. The mortgage has caps, or a ceiling, that limits the
amount it can change at the predetermined intervals.
Administrator - correct answerThe party appointed by the county court to settle the
estate of a deceased person who died without leaving a will.
Ad Valorem Tax - correct answerA tax levied according to value; generally used to refer
to real estate tax. Also called the general tax.
Adverse possession - correct answerThe right of an occupant of land to acquire title
against the real owner, where possession has been actual, continuous, hostile, visible,
and distinct for the statutory period.
Affidavit - correct answerA written statement signed and sworn to before a person
authorized to administer an oath.
Agent - correct answerOne who represents or has the power to act for another person
(called the principal). The authorization may be express or implied. A fiduciary
relationship is created under the law of agency when a property owner, as the principal,
executes a listing agreement or management contract authorizing a licensed real estate
broker to be the owner's agent.
Agreement of sale - correct answerA written agreement whereby the purchaser agrees
to buy certain real estate and the seller agrees to sell, upon terms and conditions set
forth in the agreement.
Air Lot - correct answerA designated airspace over a piece of land. Air lots, like surgace
property, may be transferred.
Air Rights - correct answerThe right to use the open space above a property, generally
allowing the surface to be used for another purpose.
Alienation - correct answerThe act of transferring property to another. Alienation may be
voluntary, such as by gift or sale; or involuntary, such as through eminent domain or
adverse possession.
Alienation Clause - correct answerThe clause in a mortgage or deed of trst that states
that the balance of the secured debt becomes immediately due and payable at the
, mortgagee's option if the property is sold by the mortgagor. In effect, this clause
prevents the mortgagor from assigning the debt without the mortgagee's approval.
Alluvion - correct answerNew deposits of soil as the result of accretion.
Amenitites - correct answerThe tangible and intangible features that increase the value
or desirability of real estate.
Americans with Disabilities Act (ADA) - correct answerA federal law that became
effective in 1992. It is designed to eliminate the discrimination against individuals with
disabilities by mandating equal access to jobs, public accommodations, public
transportation, telecommunications and government services.
Amortization - correct answerThe liquidation of a financial burden by installment
payments.
Amortized Loan - correct answerA loan in which the principal, as well as the interest, is
payable in monthly or other periodic installments over the term of the loan.
Antitrust Laws - correct answerThe laws designed to preserve the free enterprise of the
open marketplace by making illegal certain private conspiracies and combinations
formed to minimize competition. Violations of antitrust laws in the real estate business
generally involve either price fixing (brokers conspiring to set fixed compensation rates)
or allocation of customers or markets (brokers agreeing to limit their areas of trade or
dealing to certain areas or properties).
Appraisal - correct answerAn estimate of the quantity, quality, or value of something.
The process through which conclusions of property value are obtained; also refers to
the report setting forth the process of estimation and conclusion of value.
Appraised Value - correct answerAn estimate of a property's present worth.
Appreciation - correct answerAn increase in the worth or value of a property due to
economic or related causes that may prove to be either temporary or permanent;
opposite of depreciation.
Appurenant - correct answerBelonging to; incident to. Ex: a garage is appurtenant to a
house. The common interest in the common elements of a condominium is appurtenant
to each apartment.
Arbitration - correct answerA means of settling a controversy between two parties
through the medium of an impartial third party whose decision on the controversy (it is
agreed) will be final and binding.
Assemblage - correct answerThe process of merging two or more parcels of real estate
to create one parcel.
