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Exam (elaborations)

Washington State portion real estate exam Questions Correct 100%(SCORED A+)
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20

September 2023

2023/2024

A+
Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following statements best describes the deposit of this trust money? Rebecca may deposit it in the firm's regular trust account. Rebecca must deposit it in an individual trust account set up for just this client. Rebecca must deposit the funds in a non-interest bearing trust account. Rebecca must deposit the funds into a DOL special trust fund account. - ANSWERS**Rebecca may deposit it in the firm's re...
papersmaster01
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Exam (elaborations)

Washington State Portion Real Estate Exam
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18

August 2023

2023/2024

A
Washington State Portion Real Estate Exam When a Washington broker makes a deposit into a trust account, the broker's records should show the date and payer of the deposit, and ______. How much interest it will accrue The associated brokerage transaction The bank account on which it was drawn The name of the bank employee who received it Margaret initially showed a property to Trina, who decided to wait to buy a house after all. But two weeks later, without notifying Margaret, Trina made an of...
NurseHenny
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