Washington State Practice Exam 1 Questions with correct Answers

Washington State Practice Exam 1 Questions with correct Answers What is the minimum score required for passing the real estate broker's test? - Ans ️️ -You need a scaled score of 70% A purchaser signing a sales agreement for real property should be given his copy of the offer ____ - Ans ️️ -Immediately After a transaction has closed, the broker must___ - Ans ️️ -see 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____ - Ans ️️ -the seller A property management agreement must state all of the following EXCEPT___ - Ans ️️ -Rent 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__ - Ans ️️ -mitigate or prevent damage, upon learning of the violation A designated broker is responsible for supervising the conduct of___ - Ans ️️ -all 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__ - Ans ️️ -Income A buyer should consider the disclosure statement to be a ____ - Ans ️️ -disclosure statement only The property disclosure law applies to a ___ - Ans ️️ -sale of a duplex The seller's of which of the following are obligated to make a property disclosure? - Ans ️️ - Residential property.