Washington State Broker

Here are the best resources to pass Washington State Broker. Find Washington State Broker study guides, notes, assignments, and much more.

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Exam (elaborations)

WA State Real Estate Brokers License Vocabulary Correct 100%
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21

September 2023

2023/2024

A+
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1 Tract - ANSWERS24 miles x 24 miles = 576 square miles = 16 townships 1 Township - ANSWERS6 miles x 6 miles = 36 square miles = 36 sections 1 Section - ANSWERS1 mile x 1 mile = 1 sq mile = 640 acres 1 Acre - ANSWERS43,560 sq feet = 160 sq rods 1 Square Acre - ANSWERS208.71 ft x 208.71 ft 1 Mile - ANSWERS5280 feet (linear) = 320 rods = 80 chains 1 Chain - ANSWERS66 feet = 4 rods 1 Rod - ANSWERS16.5 feet Riparian Rights - ANSWERSThe water rights of a land owner with respec...
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Exam (elaborations)

Washington State portion real estate exam Correct 100%
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20

September 2023

2023/2024

A+
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Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following statements best describes the deposit of this trust money? Rebecca may deposit it in the firm's regular trust account. Rebecca must deposit it in an individual trust account set up for just this client. Rebecca must deposit the funds in a non-interest bearing trust account. Rebecca must deposit the funds into a DOL special trust fund account. - ANSWERS**Rebecca may deposit it in the firm's re...
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Exam (elaborations)

Washington State Real Estate Exam Correct Questions| Correct Answers| Verified
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19

September 2023

2023/2024

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Abandonment - ANSWERSThe 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 - ANSWERSTenants cannot sign away their rights in advance of signing the lease. Abstract of Title - ANSWERSA 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 subsequ...
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Exam (elaborations)

WA STATE PORTION EXAM (Andrei)Correct 100%
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10

September 2023

2023/2024

A+
Business Opprtunity includes (4) - ANSWERS1 Business 2 Business Entity 3 Good Will 4 Interest in real property Difference between Residential and Commercial Real Estate - ANSWERS1-4 units -- Residential 5 and over -- Commercial Designated Broker (2) - ANSWERS1. Natural person 2. Owns RE firm or controlling interest Inactive license (2) - ANSWERS1. Not expired 2. Not affiliated with firm Managing Broker is a (3): - ANSWERS1. Natural person 2. Under supervision of Designated br...
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Exam (elaborations)

Washington Real Estate Exam - State Portion Correct 100%
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11

September 2023

2023/2024

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Who is responsible for administration of real estate license law? - ANSWERSWashington State Department of licensing Who is in charge of the divisions with the department? - ANSWERSThe Director, and the department of licensing Who employs the Director and all Real Estate Division Staff? - ANSWERSThe State What are the Director or staff of the Real Estate Division not allowed to do? - ANSWERSTo own interest in any real estate firm Who appoints the director? - ANSWERSThe Governor Wha...
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Exam (elaborations)

Washington state Real Estate exam set 2 Correct Questions & Answers(Rated A+)
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8

September 2023

2023/2024

A+
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life estate pur autre vie - ANSWERSa person who gets a life estate BUT the measuring life is someone else other than the life tenant. "for another life" covenant of seisin - ANSWERSprotects the buyer in the case of other claims to the property. It promises that the grantor actually owns the property interest being granted to the grantee encumbrance - ANSWERSis a claim/liability that affects the value/use of the property. a nonpossessory right that is held by someone other than the proper...
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Exam (elaborations)

Washington state Real Estate exam set 1 Correct Questions & Answers(Latest Update 2023
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7

September 2023

2023/2024

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when does the real estate agent give the seller's a copy of their listing agreement form? - ANSWERSimmediately what are the elements needed for a valid purchase and sales agreement? - ANSWERSconsideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is a mortgage that secures both real and personal property as collateral to secure a borrower's debt - ANSWERSpackage mortgage name of the state/local sales tax debt to the seller ...
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Exam (elaborations)

Washington State Practice Exam 1| 50 Questions| Correct Answers| Verified!!
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5

September 2023

2023/2024

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What is the minimum score required for passing the real estate broker's test? - ANSWERSYou need a scaled score of 70% A purchaser signing a sales agreement for real property should be given his copy of the offer ____ - ANSWERSImmediately After a transaction has closed, the broker must___ - ANSWERSsee that the buyer and seller get a copy of their closing statements any time she has acted as broker in the transaction, regardless of who performed the closing Unless otherwise provided by w...
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Exam (elaborations)

Washington State Specific Real Estate Exam Correct 100%
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3

September 2023

2023/2024

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Qualifications for wa state real estate commission - ANSWERS5 years of experience performing real estate brokerage services in this state or 3 years experience in investigative work of a similar nature, preferably in relation to the administration of real estate license law in Washington or elsewhere. Who appoints the real estate commission seats? - ANSWERSThe governor must appoint 6 commission members for a term of 6 years each. At least two will be selected from the area east of the cascade...
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Exam (elaborations)

Washington Real Estate Exam Practice Questions – State Correct 100%
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3

September 2023

2023/2024

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Three - ANSWERSCandidates for a Washington commission seat must have five years of brokerage experience or ______ years of experience in a related investigative position. The REALTOR® Code of Ethics - ANSWERSRachel, 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? ...
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