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Washington State Specific Real Estate Exam Questions and Answers
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Washington State Specific Real Estate Exam
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Washington State Specific Real EstateExam
Qualifications for wa state real estate commission - answer5 years of experience
performing real estate brokerage services in this state or 3 years’ experience in
investigative work of a similar nature, preferably in relation to the administration of real
estate license law in Washington or elsewhere.
Who appoints the real estate commission seats? - answerThe governor must appoint 6
commission members for a term of 6 years each. At least two will be selected from the
area east of the cascade mountains and two from the west.
How often does the commission meet per year? - answer4 times a year or at the call of
the director
Can director and their employees have an active license while employed by the
department? - answerNo, while employed with the department the director and
employees who administer, regulate or enforce real estate law must relinquish interest
in any real estate business regulated by this chapter. Licenses placed on inactive status
until cessation of employment by the director
Can licensees employed by a town, city or county hold active licenses? - answerYes
and their managing brokers aren't responsible for their transactions in behalf of their
town, city or county employer
What are requirements for a broker's license? - answer18+, high school diploma or
equivalent, 90 hours of instruction in real estate within two years before applying for a
license, pass the exam,
Managing Broker's license requirements - answer18+, high school diploma or
equivalent, 3 years of licensed real estate experience or equivalent in Washington or
another state, pass exam, 90 hours of instruction -- at least 30 have to be clock hours.
How long must a licensee be suspended before the Real Estate Commission posts said
licensee's name on their website? - answer60 days
What's the maximum fine for violating the Sherman Anti Trust Act? - answer$1,000,000
for individuals and $100,000,000 for corporations
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