WASHINGTON REAL ESTATE TEST 2025 WITH 400
REAL EXAM PREP QUESTIONS AND CORRECT
ANSWERS/ WA REAL ESTATE LICENSURE TEST
2025/ WA RE FUNDAMENTALS EXAM 2025
A disciplinary hearing will be conducted by -
..ANSWER...✓✓ the director of the Department of
Licensing or an administrative law judge.
(The director or an administrative law judge will conduct
the hearing. Attorneys can represent the Department of
Licensing, the licensee, and the person making the
accusation.)
There are no exceptions to fair housing law for -
..ANSWER...✓✓ racial considerations.
The case of Jones v. Mayer in 1968 upheld the Civil Rights
Act of 1866 and prohibits racial discrimination without
exception.
Taxes levied on a property owner to pay for installation of
sidewalks or sewers are called - ..ANSWER...✓✓ special
assessments.
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Special assessments are taxes levied on real estate to
fund public improvements.
A prepaid item by the seller is a(n) - ..ANSWER...✓✓
credit to the seller.
Prepaid items are expenses that have been paid by the
seller but are not fully used up, such as fuel oil. These
items are prorated and appear as a credit to the seller.
Schools would be considered part of which real estate
classification? - ..ANSWER...✓✓ Special-purpose
Special-purpose properties include schools, churches,
cemeteries, and government-held lands.
When a lien against a parcel of real estate may result
from a lawsuit currently before the court, someone
examining the public records would look for -
..ANSWER...✓✓ a lis pendens.
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A lis pendens is a notice of a possible future lien and is
filed because there is often considerable delay between
the time a lawsuit is filed and the time final judgment is
rendered.
Which of the following gives the BEST evidence of the
buyer's intention to carry out the terms of the real estate
purchase contract? - ..ANSWER...✓✓ The earnest money
deposit
The earnest money deposit is customary in real estate
transactions to provide evidence of a buyer's intention to
carry out the terms of the contract in good faith. It is also
the seller's only remedy in a liquidated damages contract.
The date and time a document was recorded help
establish which of the following? - ..ANSWER...✓✓
Priority
Time of recordation is an important consideration in
establishing the priority of claims in the event of a sale.
Khalid has been making periodic payments of principal
and interest on a loan, but the final payment will be larger
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than the others. This is a(n) - ..ANSWER...✓✓ balloon
payment loan.
When the periodic payments are not enough to fully
amortize the loan by the time the final payment is due, the
final payment is larger than the others, and this is called
a balloon payment loan.
That portion of the value of owners' property that exceeds
the amount of their mortgage debt is called -
..ANSWER...✓✓ equity.
The equity represents the increasing ownership interest
(the paid-off share) in the property, as the mortgage debt,
the principal, is reduced. The value of the property minus
the mortgage debt equals equity.
The MOST common source of harmful lead in older
residential property is in - ..ANSWER...✓✓ alkyd oil-
based paint.
Lead was used as a pigment and drying agent in alkyd oil-
based paint that is common on doors, window, and other
woodwork. The federal government estimates that lead is