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WASHINGTON STATE PORTION REAL ESTATE EXAM QUESTIONS AND VERIFIED ANSWERS 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.

WASHINGTON STATE REAL ESTATE EXAM 1 QUESTIONS AND VERIFIED ANSWERS Abandonment - CORRECT ANSWERThe voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one's possession or interest. May pertain to an easement or a property.

Washington State Real Estate Exam Graded A+ 2024

Washington state Real Estate exam set 1 Questions and Answers

Washington State Real Estate Exam Questions and Answers (Latest update 2024)

Washington State Real Estate UPDATED Exam Questions and CORRECT Answers Abandonment - Correct Answer- The voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one's possession or interest. May pertain to an easement or a property. Abrogation - Correct Answer- Tenants cannot sign away their rights in advance of signing the lease. Abstract of Title - Correct Answer- A condensed version of the history of title to a particular parcel of real esta...

Washington State Real Estate Exam Set 1 UPDATED Exam Questions and CORRECT Answers when does the real estate agent give the seller's a copy of their listing agreement form? - Correct Answer- immediately what are the elements needed for a valid purchase and sales agreement? - Correct Answerconsideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is

Washington State Real Estate exam set 1/ 100 Qs & Ans/ Newly Updated 2024. Terms like: name of the state/local sales tax debt to the seller in the transfer of property listed on the uniform settlement statement - Answer: documentary stamp tax or transfer tax a property owner could qualify for tax deferred exchange if it was what? - Answer: used in a business or trade conditional use permit - Answer: allows certain beneficial uses (schools, churches, etc) to operate in residential neigh...