Washington state broker Study guides, Class notes & Summaries

Washington State Broker Exam (State Portion) Updated 4 9 Questions and Answers

caveat emptor - buyer beware cooperative - A residential multiunit building whose title is held by a trust or corporation that is owned and operated for the benefit of people living within the building who are the beneficial owners of the trust or shareholders of the corporation, each possessing a proprietary lease to a property unit for the life of the corporation; riskier as shareholders have to rely on financial ability of other shareholders to make payments. fair housing - Federal ...

Washington State Real Estate Broker Exam with complete solutions

Washington State Broker Exam Questions and Answers 2024.

In Washington, how many hours of coursework must an applicant complete before applying for a managing broker's license? - Answer- 90 days How often does a Washington real estate firm's license expire? - Answer- Ever two years In Washington, licensees renewing for the first time will complete ______ hours in advanced practice coursework, ______ hours in real estate law, ______ hours of continuing education coursework, and a ______-hour core course. - Answer- 30, 30, 27, 3 How frequentl...

Pre-licensing edu # of hours - ANSWERS90 hours Audits on Trust accounts - ANSWERSevery 3 years Continuting Ed - ANSWERS60 hours Managing Broker needs __ years experience - ANSWERS3 years Security Deposit Returns - ANSWERS21 days First time renewal coursework - ANSWERSNew licensees complete 30 hours of advanced practice, 30 hours of real estate law, 27 hours of CE, and the three-hour core course to renew. Subsequent license renewal requires 27 hours of CE and the core course. Th...

Pre-licensing edu # of hours - ANSWERS90 hours Audits on Trust accounts - ANSWERSevery 3 years Continuting Ed - ANSWERS60 hours Managing Broker needs __ years experience - ANSWERS3 years Security Deposit Returns - ANSWERS21 days First time renewal coursework - ANSWERSNew licensees complete 30 hours of advanced practice, 30 hours of real estate law, 27 hours of CE, and the three-hour core course to renew. Subsequent license renewal requires 27 hours of CE and the core course. Th...

WASHINGTON STATE BROKERS EXAM CRAM TEST 1 (2024) QUESTIONS WITH COMPLETE SOLUTIONS!!

Deed in lieu of foreclosure - ANSWERSYin Lee is an owner of several properties as well as a relatively high profile individual. In order for Yin Lee to attempt to avoid a possible foreclosure from becoming a matter of public record by being recorded, Yin Lee would want to give the lender a: A real estate license - ANSWERSIf a contractor intends to sell 10 properties in a calendar year, he/she will need Desire and means - ANSWERSDemand for property requires what two factors of the populace ...

WASHINGTON STATE BROKER'S EXAM TRIVIA QUESTIONS AND ANSWERS, VERIFIED. In Washington, how many hours of coursework must an applicant complete before applying for a managing broker's license? - -90 days How often does a Washington real estate firm's license expire? - -Ever two years In Washington, licensees renewing for the first time will complete ______ hours in advanced practice coursework, ______ hours in real estate law, ______ hours of continuing education coursework, and a __...