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WASHINGTON REAL ESTATE TEST 2025 WITH
400 REAL EXAM PREP QUESTIONS AND
CORRECT ANSWERS/ WA REAL ESTATE
LICENSURE TEST 2025/ WA RE
FUNDAMENTALS EXAM 2025
Who needs to submit continuing education credits with each license renewal?All active licensees
the following are all goals of WA Center for Real Estate Research, except:
Writing real estate exam questions In WA real estate broker takes a listing for a waterfront bungalow while working for Firm A. However, before a PSA is signed, she terminates her affiliation and begins working for Firm B. Which of the following statements is true?The listing belongs to the firm, and will remain with Firm A Broker Linda obtains a listing from a seller that she has never previously worked with. However, when she tells Mel, her designated broker, about it, Mel says that he's had bad dealings with that seller before and tells Linda to cancel the listing.Which of the following statements is true?Linda must renounce the listing, because it belongs to the brokerage, not to her Licensee A and Licensee B form a team working together within a brokerage that employs them. Licensee A is listed as the agent on a PSA, but it was Licensee B who negotiated the transaction. Which of the following is true?Licensee B must receive payment (if any) from the brokerage A licensee is a defendant in a civil suit stemming from real estate activities. When must the licensee notify the Real Estate Program Manager?Within 20 days of learning of a verdict or judgment against her A real estate agent has assisted an investor with the purchase of a number of commercial properties. The investor will be out of the country for part of the year 1 / 4
pg. 2 and asks the agent to manage all aspects of those properties during that time,
including advertising and leasing. The real estate agent will be a/an:
General Agent (a real estate agent acting as a property manager is typically a general agent) At closing, a sale doesn't go through because the seller's anticipated transfer to another city gets suddenly postponed, and the seller no longer wants to sell. Does the seller owe the listing agent a commission in this situation?Yes, because the seller won't provide marketable title, which is considered a default.(The listing agent has earned a commission when a ready, willing and able buyer is found. If the seller backs out after accepting the offer, even if the buyer agrees to a rescission, the commission is still due) A Washington real estate broker takes a listing for a waterfront bungalow while working for firm A. However, before a purchase agreement is signed, she terminates her affiliation and begins working for Firm B. Which of the following statements in true?The listing belongs to the firm, and will remain with Firm A The cost of an appeal from a final decision made by the director of the Department
of Licensing in an adjudicative proceeding is paid by the:
appellant A real estate agent from Oregon is involved in a commercial property transaction
in Washington. The agent from Oregon must do all of the following EXCEPT:
register with the Department of Licensing at least 20 days before engaging in brokerage activities A Washington real estate licensee's license has expire because he did not pay his
license fee as required. His license can be reinstated if he:
pays back renewal fees, plus penalties
Real estate transaction records should be kept for a minimum of:
three years 2 / 4
pg. 3 Gail gives ABC Realty a listing that stipulates it is the only real estate firm authorized to list her home. At the same time she insists on including a provision that would allow her to sell the home herself without paying a commission to ABC. Which of the following describes the kind of listing she has created?Exclusive agency listing A buyer makes an offer to purchase on May 2. The offer includes a promise to deposit 5k in earnest money within two business days after mutual acceptance. The offer is contingent on results of a soil feasibility report. On May 5 the seller accepts the offer. On May 11 the soil report is ordered. On May 17 the soil feasibility report comes back and is approved by the buyer. By what date does the earnest money need to be deposited?May 7
A contract for deed wouldn't be a good idea if the seller's mortgage has a/an:
alienation clause A buyer is getting a loan to purchase a five-acre apple farm with no residence on it.
The Truth in Lending Act requires:
no disclosure because the land is agricultural A licensee hires another licensee, who works for the same firm, to be an assistant for negotiating and selling properties. The supervising licensee, in this relationship,
must:
be a managing broker A survey has been completed, and stakes have been placed marking off the property construct fences and driveways A tenancy in which the tenant is in possession with the permission of the landlord,
but there is no definite rental period or duration of possession, is called:
estate at will When title to property is lost but the property boundaries remain the same, it is: alienation 3 / 4
pg. 4 A plaintiff files a lawsuit involving a property and also files a separate document intended to provide notice of the lawsuit. This recorded notice of a pending legal
action is called:
lis pendens An increasingly common land use pattern allows for subdivisions with smaller lot sizes and little or no setback and sideyard requirements while keeping the same
density ratios. These are known as:
planned unit developments A and B sign a rental agreement in which A agrees to lease her property to B in
exchange for rent. This contract is:
bilateral A real estate agent has assisted an investor with the purchase of a number of commercial properties. The investor will be out of the country for part of the year and asks the agent to manage all aspects of those properties during that time,
including advertising and leasing. The real estate agent will be:
general agent At closing, a sale doesn't go through because the seller's anticipated transfer to another city gets suddenly postponed, and the seller no longer wants to sell. Does the seller owe the listing agent a commission in this situation?Yes, because the seller won't provide marketable title, which is considered a default.Legally, how much earnest money must be submitted with a valid purchase and sale agreement.No earnest money is required The mortgagee assigns its interests and the assignee records the assignment. The
mortgagor now needs to make payments to the:
assignee A buyer is unfamiliar with the concept of discount points and asks a licensee to explain. The licensee responds "Discount points are used to replace funds that are
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