WA- State Real Estate prep (CE shop)
Latest Examination and All Correct
Answers 2025-2026 Updated.
When is a Washington real estate license required?
a. When performing maintenance work for one property owner
b. When performing real estate activities for others, for compensation of any kind
c. When performing real estate activities for others, without compensation
d. When performing real estate activities for yourself - Answer b. When performing real estate
activities for others, for compensation of any kind
How is the physical license for a branch office handled in Washington? - Answer A duplicate of
the primary firm's license, which displays both the primary firm's and the branch office's
address, is issued.
In Washington, how many hours of coursework must an applicant complete before applying for
a managing broker's license? - Answer 90
Your client is interested in placing his earnest money deposit in an individual trust account so
that he can collect the interest. How large must the deposit be for this to be an option in
Washington? - Answer Greater than $10,000
What disciplinary action will occur if a Washington broker disregards a child support order? -
Answer License suspension
If a Washington real estate firm has a branch office, who's responsible for ensuring that the
affiliated licensees properly maintain their licenses?
a. Branch manager
b. Managing broker
c. Designated broker - Answer a. Branch manager
,c. Provide forecasts - Answer a. Document cash in and cash out
Robert's Washington real estate license was immediately restricted when he received notice
that a complaint had been filed against him and an investigation would follow. What's the
earliest that a hearing can be held after the notice is served?
a. 30 days
b. 45 days
c. 60 days
d. As soon as possible - Answer d. As soon as possible
Reggie is a real estate licensee and a licensed cosmetologist in Washington. The DOL revokes
Reggie's cosmetology license. Which of these statements about Reggie's real estate license is
true?
a. Because the revocation was in a field unrelated to real estate, Reggie's real estate license is
safe.
b. Reggie will be permitted to retain his real estate license until his cosmetology license is
reinstated so he can earn a living
c. The DOL may revoke Reggie's real estate license.
d. The Uniform Regulation of Business and Professions Act prohibits the DOL from revoking two
licenses simultaneously. - Answer c. The DOL may revoke Reggie's real estate license.
Kennedy, a Washington broker, tends to be rather informal about her real estate business. Her
daughter's teacher, Matthew, tells Kennedy that he'd like her help selling his house. Kennedy
tells Matthew she'll perform all the tasks she'd perform for any listing, though she has no
written agency agreement with Matthew. Do Matthew and Kennedy have a legal agreement?
a. Yes. Express agreements may be verbal or written.
b. Yes. They have a verbal implied agreement. - Answer a. Yes. Express agreements may be
verbal or written.
, Which of the following positions is appointed by the Washington DOL director to serve as an
non-voting member and preside over meetings? - Answer Commission chair
How often are audits typically conducted on Washington brokerage transactional and
accounting records? - Answer Every three years
Which of the following statements about an expired real estate license in Washington is
correct? - Answer Expired licenses are considered inactive until renewal is complete.
Which of the following statements about Washington trust accounts is true? - Answer Trust
funds are to be held in interest-bearing demand deposit accounts, such as checking or savings
accounts.
Deana is a broker for North Washington Realty, LLC, and is the listing broker from a property. In
this transaction, what kinds of compensation is Deana entitled to receive from payors other
than her brokerage firm? - Answer All compensation must be paid through her broker.
Olympia broker Ethan has advertised that he'll rebate a portion of his commission to buyer
clients. For Ethan to be allowed to make this deal, which of the following must be true?
a. Ethan is a designated broker.
b. The buyers' lender must be made aware of the rebate. - Answer b. The buyers' lender must
be made aware of the rebate.
In Washington, which agency is authorized to disseminate and enforce real estate licensing
laws? - Answer Department of Licensing
Which of the following information must appear on the firm's records for a trust account
deposit?
a. The estimated closing date
b. The names of all contract parties
c. The payee
d. The source of funds - Answer d. The source of funds
Latest Examination and All Correct
Answers 2025-2026 Updated.
When is a Washington real estate license required?
a. When performing maintenance work for one property owner
b. When performing real estate activities for others, for compensation of any kind
c. When performing real estate activities for others, without compensation
d. When performing real estate activities for yourself - Answer b. When performing real estate
activities for others, for compensation of any kind
How is the physical license for a branch office handled in Washington? - Answer A duplicate of
the primary firm's license, which displays both the primary firm's and the branch office's
address, is issued.
In Washington, how many hours of coursework must an applicant complete before applying for
a managing broker's license? - Answer 90
Your client is interested in placing his earnest money deposit in an individual trust account so
that he can collect the interest. How large must the deposit be for this to be an option in
Washington? - Answer Greater than $10,000
What disciplinary action will occur if a Washington broker disregards a child support order? -
Answer License suspension
If a Washington real estate firm has a branch office, who's responsible for ensuring that the
affiliated licensees properly maintain their licenses?
a. Branch manager
b. Managing broker
c. Designated broker - Answer a. Branch manager
,c. Provide forecasts - Answer a. Document cash in and cash out
Robert's Washington real estate license was immediately restricted when he received notice
that a complaint had been filed against him and an investigation would follow. What's the
earliest that a hearing can be held after the notice is served?
a. 30 days
b. 45 days
c. 60 days
d. As soon as possible - Answer d. As soon as possible
Reggie is a real estate licensee and a licensed cosmetologist in Washington. The DOL revokes
Reggie's cosmetology license. Which of these statements about Reggie's real estate license is
true?
a. Because the revocation was in a field unrelated to real estate, Reggie's real estate license is
safe.
b. Reggie will be permitted to retain his real estate license until his cosmetology license is
reinstated so he can earn a living
c. The DOL may revoke Reggie's real estate license.
d. The Uniform Regulation of Business and Professions Act prohibits the DOL from revoking two
licenses simultaneously. - Answer c. The DOL may revoke Reggie's real estate license.
Kennedy, a Washington broker, tends to be rather informal about her real estate business. Her
daughter's teacher, Matthew, tells Kennedy that he'd like her help selling his house. Kennedy
tells Matthew she'll perform all the tasks she'd perform for any listing, though she has no
written agency agreement with Matthew. Do Matthew and Kennedy have a legal agreement?
a. Yes. Express agreements may be verbal or written.
b. Yes. They have a verbal implied agreement. - Answer a. Yes. Express agreements may be
verbal or written.
, Which of the following positions is appointed by the Washington DOL director to serve as an
non-voting member and preside over meetings? - Answer Commission chair
How often are audits typically conducted on Washington brokerage transactional and
accounting records? - Answer Every three years
Which of the following statements about an expired real estate license in Washington is
correct? - Answer Expired licenses are considered inactive until renewal is complete.
Which of the following statements about Washington trust accounts is true? - Answer Trust
funds are to be held in interest-bearing demand deposit accounts, such as checking or savings
accounts.
Deana is a broker for North Washington Realty, LLC, and is the listing broker from a property. In
this transaction, what kinds of compensation is Deana entitled to receive from payors other
than her brokerage firm? - Answer All compensation must be paid through her broker.
Olympia broker Ethan has advertised that he'll rebate a portion of his commission to buyer
clients. For Ethan to be allowed to make this deal, which of the following must be true?
a. Ethan is a designated broker.
b. The buyers' lender must be made aware of the rebate. - Answer b. The buyers' lender must
be made aware of the rebate.
In Washington, which agency is authorized to disseminate and enforce real estate licensing
laws? - Answer Department of Licensing
Which of the following information must appear on the firm's records for a trust account
deposit?
a. The estimated closing date
b. The names of all contract parties
c. The payee
d. The source of funds - Answer d. The source of funds
