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

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 written agreement, when escrow closes a real estate transaction, the net sale proceeds must be paid to____ - ANSWERSthe seller A property management agreement must state all of the following EXCEPT___ - ANSWERSRent schedule A broker would be held responsible for inadequate supervision of an affiliated licensee who had violated the license law or Director's rules, if the broker failed to__ - ANSWERSmitigate or prevent damage, upon learning of the violation A designated broker is responsible for supervising the conduct of___ - ANSWERSall persons licensed to her, regardless of the terms of their association or compensation A licensee can decline to work with a customer because of the customer's__ - ANSWERSIncome A buyer should consider the disclosure statement to be a ____ - ANSWERSdisclosure statement only