and Correct Detailed Answers Already Graded A+
Who can receive compensation for an appraisal? - CORRECT ANSWER-state-
certified or state-licensed real estate appraiser
Who established the minimum education requirements for appraiser license? -
CORRECT ANSWER-The Appraiser Board of the Washington Department of
Licensing
Who can receive compensation for providing a price opinion? - CORRECT
ANSWER-real estate broker
What do real estate brokerage services include? - CORRECT ANSWER-Listing,
selling, purchasing, exchanging, optioning, leasing, renting of real estate
Examples of people who do not need a real estate license. - CORRECT
ANSWER--power of attorney who is not compensated
-secretary/bookkeeper/accountant
-person selling own property
,When does a real estate license in Washington expire? - CORRECT ANSWER-
Every two years, on the date of issuance
How many hours must be completed to renew a real estate broker license after
the first renewal period? - CORRECT ANSWER-30 hours every two years
How many hours must be completed to renew the broker license first renewal? -
CORRECT ANSWER-90 hours
How many years of experience, if any, are required to be a managing broker? -
CORRECT ANSWER-Three years of active licensure
RCW - CORRECT ANSWER-(Revised Code of Washington) current permanent
laws
WAC - CORRECT ANSWER-(Washington Administrative Code) - regulates real
estate licensing additionally to RCW
, What powers does a Govenor have with a bill? - CORRECT ANSWER-He can
veto or sign the bill. If the govenor does nothing, then the bill becomes a law.
(pocket veto)
Who administers the real estate license law for WA? - CORRECT ANSWER-
Washington State Department of Licensing
Who appoints the Director? - CORRECT ANSWER-the Governor, with the
advice and approval of the real estate commission
Main objective of Director - CORRECT ANSWER-issue rules to govern the
activities of real estate brokers, managing brokers, designated brokers, and real
estate firms
Directors powers and duties - CORRECT ANSWER--issuing rules and regulations
of real estate licensees;
-fixing the time, place, and method for the examination to -license applicants;
-issuing rules requiring all applicants to submit to a criminal background check;
-enforcing all laws, rules, and regulations relating to the licensing of real estate
licensees;
-granting or deny licenses;