Washington State Real Estate Broker Exam 2025 Questions and Answers Latest 2025/2026 COMPLETE FREQUENTLY MOST TESTED QUESTIONS WITH COMPLETE SOLUTION /GET IT 100% ACCURATE!(Graded A+)

Washington State Real Estate Broker Exam
Questions and Answers
Updated Latest (Verified Answers)




1. Deed in lieu of foreclosure
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Answer Yin Lee is an owner of several properties as well as a relatively high profile indiv
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idual. In order for Yin Lee to attempt to avoid a possible foreclosure from becoming a ma
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tter of public record by being recorded, Yin Lee would want to give the lender a
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2. A real estate license
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Answer If a contractor intends to sell 10 properties in a calendar year, he/she will nee
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d

3. Desire and means g g




Answer Demand for property requires what two factors of the popu-
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g lace to be effective?
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4. Must return the deposit money but can sue for the commission
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Answer An offer has been accepted by the buyer and the seller. The buyer and seller inst
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ruct the broker to return the deposit money to the seller. The broker
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5. A Historic building
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,Answer Of the properties listed, which is considered the most "unique" and woul
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d use the cost approach method of appraisal?
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-A condominium
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-A piece of land
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-A Historic building
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-A farm
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6. In the second position
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Answer When describing a home equity line of credit, the mortgage loan in a spec
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ified amount based on your home equity would be
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7. A female executor
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Answer The term "executrix" refers to g g g g g




8. -All of these g g




Answer A construction loan is a g g g g g




-Short-term loan for financing the cost of construction
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-Loan in which the lender makes periodic payments
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-Loan in which payments are issued as the building progresses
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-All of these
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9. Third-party origination g




Answer When a lender uses another party to completely origi-
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,g nate, process, underwrite, close, fund, or package the mortgages it plans to deliver to th
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e secondary mortgage market, this is known as
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10. All of these g g




Answer Real property should have a higher rate of return than bonds or first trust de
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eds because of
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-The added time to market
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-The added care required
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-All of these
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-The higher denominations it comes in
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11. All of these g g




Answer An application form used to apply for a mortgage contains infor-
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g mation about a borrower's
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-Income

-All of these
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, -Savings

-Assets and Debts g g




12. Low Down Payment and Easy Terms
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Answer Financing costs usually rise on loans with
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13. Collect Rents, Perform maintenance on the property, and Show vacant units t
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o prospective tenants
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Answer A property manager that resides on a property would likely
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14. COFI

Answer One of the indexes used to determine interest rate changes for certain adjust
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able-rate mortgages is called
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15. Steering

Answer An African American family is looking to purchase a house. Their agent has bee
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n showing them properties for weeks, all of which are in predominantly African American
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g neighborhoods. This would be an example of g g g g g g




16. Negative covenant g




Answer If a deed includes a promise that the owner will not build a fence, this is one exa
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mple of a(n) g g




17. Tenancy by the Entirety g g g




Answer What special type of ownership is available in most non-
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