Washington Real Estate TrainAgents AMP
g g g g
Pre-
g
License Mock Exams 300 QUESTIONS AN
g g g g g
D ANSWERS WITH RATIONALE
g g g
MockgExamg1g-gCORRECTg ANSWER
Agfirm'sgsatellitegofficegatgagnewgcondominiumgdoesgnotgneedgagmanaginggbrokergongsitegifgitgisgwithingh
owgmanygmilesgofgthegnearestgbranchgoffice?
A) 20
B) 35
C) 40
D) 50g-gCORRECTg ANSWERg g B)g35
Feedback:
Correct:gStategregulationsgallowgagsatellitegsalesgofficegwithoutgagmanaginggbrokergpresentgifgisgwithing
35gmilesgofgthegnearestgbranchgoffice.
Whengaglicenseegisgdeterminedgbygthegstategtognotgbegingcompliancegofgcourt-
orderedgchildgsupportgpayments,gthegDepartmentgofgLicensinggcan:
A) suspendgtheglicensee'sglicenseguntilgcurrent
B) revokegtheglicensee'sglicenseguntilgcurrent
C) notifygtheglicensee'sgfirmgtogwithholdgcommissions
D) anygofgthegaboveg-gCORRECTg ANSWERg g A)gsuspendgtheglicensee'sglicenseguntilgcurrent
Feedback:
Correct:gSincegthegstategissuesgagperson'sglicense,gitghasgthegauthoritygtogsuspendgthatglicensegifgtheglic
enseegisgnotgmeetinggthegcourt'sgordergofgchildgsupport.
,Ingordergforgagfirmgtogterminategangaffiliate'sgworkinggrelationship,gthegfirmgmust:
A) bothgpartiesgmustgconcurgandgsubmitgtogthegDOLgingwriting
B) eithergpartygcangactgunilaterallygtogterminategangaffiliation
C) thegdesignatedgbrokergmustgtakegaction,gbutgonlygwithgcausegofgthegaffiliate
D) thegDOLgmustggivegpermissiongforgterminationg-
gCORRECTg ANSWERg B)geithergpartygcangactgunilaterallygtogterminategangaffiliation
Feedback:
Incorrect:gEithergthegaffiliategorgthegfirmgcangunilaterallygterminategangaffiliationgandgnotifygthegDOLgof
gtheirgdesire.gTerminationgwouldgbegcompletedgwhengthegaffiliatedglicensegisgsentgbackgtogthegDOLgfor
gprocessing.
Ifgaglicenseegdoesgnotgrenewgtheirglicensegforgovergagyear,gtheglicensegis:
A) cancelledgandgthegpersongmustgstartgallgovergwithggettinggaglicense
B) cancelledgunlessgthegcontinuinggeducationgrequirementgisgmet
C) inactiveguntilgrenewed
D) suspendedg-
gCORRECTg ANSWERg A)gcancelledgandgthegpersongmustgstartgallgovergwithggettinggaglicense
Feedback:
Correct:gAglicenseegisggrantedgag1gyearggracegperiodgregardinggtheirglicense.gAfterg1gyear,gtheglicensegisgc
ancelledgandgthegindividualgwouldghavegtogstartgallgovergagaingwithgthegrequirementsgofglicensing.
Whengaglicenseegterminatesgtheirgaffiliationgwithgagfirm,gthegdesignatedgbrokergmust:
A) startgterminationgproceduresgimmediately
B) releasegallglistinggagreementsgownedgbygtheglicense
C) bothgaregcorrect
D) neithergaregcorrectg-gCORRECTg ANSWERg g A)gstartgterminationgproceduresgimmediately
Feedback:
,Correct:gTheglistingsgaregownedgbygthegfirmgandgretainedgbygthegfirm.gThegdesignatedgbrokergmustgstar
tgthegDOLgterminationgproceduresgimmediately.
Whengagbrokeragegfirmgisgunderginvestigationginvolvinggangaffiliatedglicensee,gthegdesignatedgbrokergfo
rgthegfirmgmustgdogallgofgthegfollowinggEXCEPT:
A) respondgtogDOLgrequestgforgrecords
B) allowginvestigatorsgaccessgtogrequestedgrecords
C) respondgwithgagwrittengstatementgwhengrequested
D) respondgtogagcourtgorderedgsubpoenagevengifgthegfirmgisgnotgmentionedg-
gCORRECTg ANSWERg D)grespondgtogagcourtgorderedgsubpoenagevengifgthegfirmgisgnotgmentioned
Feedback:
Correct:gDirectgrequestsgofgthegfirm/designatedgmanaginggbrokergbygthegDOLgmustgbegaccomplished.gSubpo
enasgnotginvolvinggthegfirmgdognotgrequiregagresponse.
Propertygmanagementgrecordsgmustgbegkept:
A) atgthegmanagedgpropertyglocation
B) withgthegfirm'sgCPA
C) atgthegaddressgwheregthegfirmgisglicensed
D) withgthegpropertygowner'sgrequestedglocationg-
gCORRECTg ANSWERg C)gatgthegaddressgwheregthegfirmgisglicensed
Feedback:
Correct:gAllgrecordsgforgallglicenseesgandgfirmsgmustgbegkeptgatgthegaddressgspecifiedgongtheglicense.
WhengagclientgcomplainsgtogthegDOLgaboutgagseriousgmaterialgfactgcausedgbygaglicensee,gtheglicenseegc
ouldgbegsubjectgto:
A) $5,000gfine
B) lossgofgtheglicense
C) civilglawsuitgofgthegclient
D) allgthegaboveg-gCORRECTg ANSWERg g D)gallgthegabove
, Feedback:
Correct:gDependinggonghowgseriousgthegdamagegtogthegclientgwas,gallgthesegpenaltiesgcouldgbegreceive
dgbygtheglicensee.
Thegpamphletgongagencygrepresentationglawgmustgbegprovided:
A) togyourgclientgpriorgtogsigninggangagreement
B) allgpartiesgpriorgtogsigninggangagreement
C) givengonlygtogthegsellergpriorgtogsigning
D) priorgtogallgcommercialgtransactionsg-gCORRECTg ANSWERg g B)gallgpartiesgpriorgtogsigninggangagreement
Feedback:
Correct:gWhengingcontactgwithgclientsgandgcustomer,gyougmustgprovidegthemgwithgthegagencygpamphletgpro
videdgbygyourgfirm.gItgisgnotgrequiredgforgcommercialgsalesgandgtransactions.
Aglicenseegthatgisgrepresentinggagfirmgasgagbrokergisgcalledga(n):
A) affiliatedglicensee
B) associateglicensee
C) self-employedglicensee
D) allgaregcorrectg-gCORRECTg ANSWERg g A)gaffiliatedglicensee
Feedback:
Correct:gAglicenseegpracticinggthroughgagfirm/designatedgmanaginggbrokergisgcalledgangaffiliatedglicense
e.gThegoldgtermg"associate"gisgnoglongergused.
ThegnoticegtogaglicenseegtogappeargatgaghearinggcalledgbygthegDirectorgofgthegDepartmentgofgLicensingg
requires:
A) writtengnoticegtogtheglicensee
B) 30gdays'gnotice
C) bothgaregcorrect
g g g g
Pre-
g
License Mock Exams 300 QUESTIONS AN
g g g g g
D ANSWERS WITH RATIONALE
g g g
MockgExamg1g-gCORRECTg ANSWER
Agfirm'sgsatellitegofficegatgagnewgcondominiumgdoesgnotgneedgagmanaginggbrokergongsitegifgitgisgwithingh
owgmanygmilesgofgthegnearestgbranchgoffice?
A) 20
B) 35
C) 40
D) 50g-gCORRECTg ANSWERg g B)g35
Feedback:
Correct:gStategregulationsgallowgagsatellitegsalesgofficegwithoutgagmanaginggbrokergpresentgifgisgwithing
35gmilesgofgthegnearestgbranchgoffice.
Whengaglicenseegisgdeterminedgbygthegstategtognotgbegingcompliancegofgcourt-
orderedgchildgsupportgpayments,gthegDepartmentgofgLicensinggcan:
A) suspendgtheglicensee'sglicenseguntilgcurrent
B) revokegtheglicensee'sglicenseguntilgcurrent
C) notifygtheglicensee'sgfirmgtogwithholdgcommissions
D) anygofgthegaboveg-gCORRECTg ANSWERg g A)gsuspendgtheglicensee'sglicenseguntilgcurrent
Feedback:
Correct:gSincegthegstategissuesgagperson'sglicense,gitghasgthegauthoritygtogsuspendgthatglicensegifgtheglic
enseegisgnotgmeetinggthegcourt'sgordergofgchildgsupport.
,Ingordergforgagfirmgtogterminategangaffiliate'sgworkinggrelationship,gthegfirmgmust:
A) bothgpartiesgmustgconcurgandgsubmitgtogthegDOLgingwriting
B) eithergpartygcangactgunilaterallygtogterminategangaffiliation
C) thegdesignatedgbrokergmustgtakegaction,gbutgonlygwithgcausegofgthegaffiliate
D) thegDOLgmustggivegpermissiongforgterminationg-
gCORRECTg ANSWERg B)geithergpartygcangactgunilaterallygtogterminategangaffiliation
Feedback:
Incorrect:gEithergthegaffiliategorgthegfirmgcangunilaterallygterminategangaffiliationgandgnotifygthegDOLgof
gtheirgdesire.gTerminationgwouldgbegcompletedgwhengthegaffiliatedglicensegisgsentgbackgtogthegDOLgfor
gprocessing.
Ifgaglicenseegdoesgnotgrenewgtheirglicensegforgovergagyear,gtheglicensegis:
A) cancelledgandgthegpersongmustgstartgallgovergwithggettinggaglicense
B) cancelledgunlessgthegcontinuinggeducationgrequirementgisgmet
C) inactiveguntilgrenewed
D) suspendedg-
gCORRECTg ANSWERg A)gcancelledgandgthegpersongmustgstartgallgovergwithggettinggaglicense
Feedback:
Correct:gAglicenseegisggrantedgag1gyearggracegperiodgregardinggtheirglicense.gAfterg1gyear,gtheglicensegisgc
ancelledgandgthegindividualgwouldghavegtogstartgallgovergagaingwithgthegrequirementsgofglicensing.
Whengaglicenseegterminatesgtheirgaffiliationgwithgagfirm,gthegdesignatedgbrokergmust:
A) startgterminationgproceduresgimmediately
B) releasegallglistinggagreementsgownedgbygtheglicense
C) bothgaregcorrect
D) neithergaregcorrectg-gCORRECTg ANSWERg g A)gstartgterminationgproceduresgimmediately
Feedback:
,Correct:gTheglistingsgaregownedgbygthegfirmgandgretainedgbygthegfirm.gThegdesignatedgbrokergmustgstar
tgthegDOLgterminationgproceduresgimmediately.
Whengagbrokeragegfirmgisgunderginvestigationginvolvinggangaffiliatedglicensee,gthegdesignatedgbrokergfo
rgthegfirmgmustgdogallgofgthegfollowinggEXCEPT:
A) respondgtogDOLgrequestgforgrecords
B) allowginvestigatorsgaccessgtogrequestedgrecords
C) respondgwithgagwrittengstatementgwhengrequested
D) respondgtogagcourtgorderedgsubpoenagevengifgthegfirmgisgnotgmentionedg-
gCORRECTg ANSWERg D)grespondgtogagcourtgorderedgsubpoenagevengifgthegfirmgisgnotgmentioned
Feedback:
Correct:gDirectgrequestsgofgthegfirm/designatedgmanaginggbrokergbygthegDOLgmustgbegaccomplished.gSubpo
enasgnotginvolvinggthegfirmgdognotgrequiregagresponse.
Propertygmanagementgrecordsgmustgbegkept:
A) atgthegmanagedgpropertyglocation
B) withgthegfirm'sgCPA
C) atgthegaddressgwheregthegfirmgisglicensed
D) withgthegpropertygowner'sgrequestedglocationg-
gCORRECTg ANSWERg C)gatgthegaddressgwheregthegfirmgisglicensed
Feedback:
Correct:gAllgrecordsgforgallglicenseesgandgfirmsgmustgbegkeptgatgthegaddressgspecifiedgongtheglicense.
WhengagclientgcomplainsgtogthegDOLgaboutgagseriousgmaterialgfactgcausedgbygaglicensee,gtheglicenseegc
ouldgbegsubjectgto:
A) $5,000gfine
B) lossgofgtheglicense
C) civilglawsuitgofgthegclient
D) allgthegaboveg-gCORRECTg ANSWERg g D)gallgthegabove
, Feedback:
Correct:gDependinggonghowgseriousgthegdamagegtogthegclientgwas,gallgthesegpenaltiesgcouldgbegreceive
dgbygtheglicensee.
Thegpamphletgongagencygrepresentationglawgmustgbegprovided:
A) togyourgclientgpriorgtogsigninggangagreement
B) allgpartiesgpriorgtogsigninggangagreement
C) givengonlygtogthegsellergpriorgtogsigning
D) priorgtogallgcommercialgtransactionsg-gCORRECTg ANSWERg g B)gallgpartiesgpriorgtogsigninggangagreement
Feedback:
Correct:gWhengingcontactgwithgclientsgandgcustomer,gyougmustgprovidegthemgwithgthegagencygpamphletgpro
videdgbygyourgfirm.gItgisgnotgrequiredgforgcommercialgsalesgandgtransactions.
Aglicenseegthatgisgrepresentinggagfirmgasgagbrokergisgcalledga(n):
A) affiliatedglicensee
B) associateglicensee
C) self-employedglicensee
D) allgaregcorrectg-gCORRECTg ANSWERg g A)gaffiliatedglicensee
Feedback:
Correct:gAglicenseegpracticinggthroughgagfirm/designatedgmanaginggbrokergisgcalledgangaffiliatedglicense
e.gThegoldgtermg"associate"gisgnoglongergused.
ThegnoticegtogaglicenseegtogappeargatgaghearinggcalledgbygthegDirectorgofgthegDepartmentgofgLicensingg
requires:
A) writtengnoticegtogtheglicensee
B) 30gdays'gnotice
C) bothgaregcorrect
