Rockwell washington - Study guides, Class notes & Summaries

Washington Real Estate Fundamentals Rockwell Questions and Answers (2024 / 2025) (Verified Answers)

Rockwell Washington Real Estate Practices Exam

ROCKWELL WASHINGTON REAL ESTATE PRACTICES QUESTIONS AND ANSWERS

Rockwell Exam Real Estate Classes Washington Final Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024

Rockwell: Washington Real Estate Practices Questions with Verified Answers What is best practice if you don't know the facts to something? To admit that you don't know or remain silent to avoid misrepresentation. If the buyers ask for information that an agent is not legally required to disclose (ex: previous crime in the property), are they required to disclose it upon inquiry? Yes, by duty of good faith. If you know a client has clinical depression and needs a lot of sunlight, ar...

Rockwell Real Estate Exam WA 2 Questions and Answers Already Passed A bathroom contains a toilet, a sink, and a stand-up shower. This would be considered a: A. one-quarter bath B. half bath C. three-quarter bath D. full bath C. three-quarter bath A bathroom with sink, toilet, and stand-up shower is a three-quarter bath A conventional loan can be: A. an ARM B. a 15-year loan C. a 30-year loan D. All of the above D. all of the above A conventional loan is one that is not i...

WASHINGTON REAL ESTATE ROCKWELL CHAPTER 2 QUESTIONS AND ANSWERS

A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - b. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will receive? A. Fee Simpl...

Rockwell: Washington Real Estate Practices with Certified Solutions Managing Broker Person who performs real estate brokerage services on behalf of a real estate firm, under the supervision of a designated broker. Is a managing broker allowed to supervise other licensees? Only with authorization from the designated broker. What are the requirements to be a managing broker? Licensed as a broker for 3 of the last 5 years. Takes additional courses. Takes managing broker exam. Does every branch ...