2026 Washington Real Estate Actual Exam
Questions and Answers Practice Questions with
Solutions Newest 2026/2027 | Already Graded
A+[Guaranteed Pass]
A license in the possession of the Director of the Department of Licensing. -
ANSWER-Inactive License
A designated broker who allows another person to use his license to operate a
brokerage (which is a violation of the license law). - ANSWER-Fee Broker
An advertisement placed by a real estate licensee that does not state the name of
the firm as licensed (which is a violation of the license law). - ANSWER-Blind
ad
a specially designated bank account in a firm's name for funds held by the firm on
behalf of clients, to keep those funds segregated from the firm's own money -
ANSWER-Trust account
The state statue the governs the licensing and business practices of real estate
agents, along with the regulations issued by the Director of the Department of
Licensing to implement that statute. - ANSWER-License Law
A commission made up of the Director of the Department of Licensing and six
commissioners who advise the Director. - ANSWER-Real Estate Commission
,A business entity, such as a corporation or partnership, that is licensed to perform
real estate brokerage activities in Washington. - ANSWER-Real estate firm
A person who is licensed to represent a firm in real estate transactions and to
supervise other licensees or a branch office. - ANSWER-Managing broker
A person who is licensed to work for and represent a firm in real estate
transactions. - ANSWER-Broker
A broker or managing broker who is licensed under a particular firm. -
ANSWER-Affiliated Licensee
person authorized to have full legal responsibility for a licensed real estate firm and
its affiliated licensees. - ANSWER-Designated broker
a business (including inventory and goodwill) that is for sale, where the transaction
includes real property - ANSWER-Business opportunity
The completed application form for a broker's license, which serves as a temporary
license until the permanent license is issued. - ANSWER-Interim license
When someone who is holding trust funds on another person's behalf intentionally
or accidentally mixes those funds together with his own money. - ANSWER-
Commingling
, When someone who is holding trust funds on another person's behalf
misappropriates the funds with the intention of using them for her own purposes. -
ANSWER-Conversion
part of the records a designated broker is required to keep; the contracts and other
documents connected with a particular transaction - ANSWER-Transaction
folder
An order issued by the Director of the Department of Licensing in a disciplinary
action, to stop a violation of the license law. - ANSWER-cease and desist order
Divide numerator by denominator - ANSWER-Converting Fractions to
Decimals
move decimal two places to the left and drop the percent sign - ANSWER-
Converting percentages to decimals
move decimal point two places to the right and add a percent sign - ANSWER-
Converting decimals to percentages
Area=Length x width - ANSWER-Area formula for squares and rectangles
volume = length x width x height - ANSWER-Volume formula
Area=1 /2 base x height - ANSWER-Area formula for triangles
Questions and Answers Practice Questions with
Solutions Newest 2026/2027 | Already Graded
A+[Guaranteed Pass]
A license in the possession of the Director of the Department of Licensing. -
ANSWER-Inactive License
A designated broker who allows another person to use his license to operate a
brokerage (which is a violation of the license law). - ANSWER-Fee Broker
An advertisement placed by a real estate licensee that does not state the name of
the firm as licensed (which is a violation of the license law). - ANSWER-Blind
ad
a specially designated bank account in a firm's name for funds held by the firm on
behalf of clients, to keep those funds segregated from the firm's own money -
ANSWER-Trust account
The state statue the governs the licensing and business practices of real estate
agents, along with the regulations issued by the Director of the Department of
Licensing to implement that statute. - ANSWER-License Law
A commission made up of the Director of the Department of Licensing and six
commissioners who advise the Director. - ANSWER-Real Estate Commission
,A business entity, such as a corporation or partnership, that is licensed to perform
real estate brokerage activities in Washington. - ANSWER-Real estate firm
A person who is licensed to represent a firm in real estate transactions and to
supervise other licensees or a branch office. - ANSWER-Managing broker
A person who is licensed to work for and represent a firm in real estate
transactions. - ANSWER-Broker
A broker or managing broker who is licensed under a particular firm. -
ANSWER-Affiliated Licensee
person authorized to have full legal responsibility for a licensed real estate firm and
its affiliated licensees. - ANSWER-Designated broker
a business (including inventory and goodwill) that is for sale, where the transaction
includes real property - ANSWER-Business opportunity
The completed application form for a broker's license, which serves as a temporary
license until the permanent license is issued. - ANSWER-Interim license
When someone who is holding trust funds on another person's behalf intentionally
or accidentally mixes those funds together with his own money. - ANSWER-
Commingling
, When someone who is holding trust funds on another person's behalf
misappropriates the funds with the intention of using them for her own purposes. -
ANSWER-Conversion
part of the records a designated broker is required to keep; the contracts and other
documents connected with a particular transaction - ANSWER-Transaction
folder
An order issued by the Director of the Department of Licensing in a disciplinary
action, to stop a violation of the license law. - ANSWER-cease and desist order
Divide numerator by denominator - ANSWER-Converting Fractions to
Decimals
move decimal two places to the left and drop the percent sign - ANSWER-
Converting percentages to decimals
move decimal point two places to the right and add a percent sign - ANSWER-
Converting decimals to percentages
Area=Length x width - ANSWER-Area formula for squares and rectangles
volume = length x width x height - ANSWER-Volume formula
Area=1 /2 base x height - ANSWER-Area formula for triangles
