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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 when does the real estate agent give the seller's a copy of their listing agreement form? - Answer: immediately what...

WASHINGTON STATE REAL ESTATE EXAM SET 2 QUESTIONS & ANSWERS, 100% ACCURATE. life estate pur autre vie - -a person who gets a life estate BUT the measuring life is someone else other than the life tenant. "for another life" covenant of seisin - -protects the buyer in the case of other claims to the property. It promises that the grantor actually owns the property interest being granted to the grantee encumbrance - -is a claim/liability that affects the value/use of the property. a nonp...

WASHINGTON STATE REAL ESTATE EXAM SET 1: QUESTIONS AND ANSWERS, GRADED A+/ when does the real estate agent give the seller's a copy of their listing agreement form? - - immediately what are the elements needed for a valid purchase and sales agreement? - -consideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is a mortgage that secures both real and personal property as collateral to secure a borrower's debt - - package mor...

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 answer consideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is A mortgage that secures both real and personal property as collateral to secure a borrower's debt - correct answer package mortgage Name of the state/local sales...

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Washington state Real Estate exam set 1 Questions And Answers

when does the real estate agent give the seller's a copy of their listing agreement form? - immediately what are the elements needed for a valid purchase and sales agreement? - consideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is a mortgage that secures both real and personal property as collateral to secure a borrower's debt - package mortgage name of the state/local sales tax debt to the seller in the transfer of prope...

when does the real estate agent give the seller's a copy of their listing agreement form? - immediately what are the elements needed for a valid purchase and sales agreement? - consideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is a mortgage that secures both real and personal property as collateral to secure a borrower's debt - package mortgage name of the state/local sales tax debt to the seller in the transfer of prope...

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? - An...