AND CORRECT ANSWER WITH EXPLANATION LATEST
2025-2026
1.
Real estate licensing in Washington is regulated by:
A. Washington State Department of Licensing
B. HUD
C. TREC
D. DRE
Answer: A
Rationale: The Washington DOL oversees real estate licensing.
2.
A real estate broker in Washington must work under:
A. No supervision required if managing broker
B. A lender
C. A title company
D. An attorney only
Answer: A
Rationale: Managing brokers may operate independently and supervise others.
3.
Washington real estate licenses are typically renewed every:
A. 2 years
B. 3 years
C. 4 years
D. 1 year
Answer: A
Rationale: Washington licenses renew every 2 years.
,4.
Real property includes:
A. Land and improvements
B. Vehicles
C. Jewelry
D. Stocks
Answer: A
Rationale: Real estate is land plus attachments.
5.
Personal property is also called:
A. Chattel
B. Fixture
C. Realty
D. Estate
Answer: A
Rationale: Movable property is chattel.
6.
A fixture is:
A. Permanently attached item
B. Portable furniture
C. Cash
D. Clothing
Answer: A
Rationale: Becomes part of real estate.
7.
A deed is used to:
A. Transfer ownership
B. Approve loans
C. Set taxes
D. Appraise property
, Answer: A
Rationale: Deeds transfer title.
8.
The borrower in a mortgage is:
A. Mortgagor
B. Mortgagee
C. Trustee
D. Beneficiary
Answer: A
Rationale: Borrower gives mortgage.
9.
The lender in a mortgage is:
A. Mortgagee
B. Mortgagor
C. Grantor
D. Lessee
Answer: A
Rationale: Lender receives repayment rights.
10.
A lien is:
A. Claim against property
B. Lease agreement
C. Insurance policy
D. Appraisal report
Answer: A
Rationale: Secures debt obligations.
11.