Washington state dol exam - Study guides, Class notes & Summaries

Washington State Broker Exam (State Portion) Updated 4 9 Questions and Answers Pre-licensing edu # of hours - Ans ️️ -90 hours Audits on Trust accounts - Ans ️️ -every 3 years Continuting Ed - Ans ️️ -60 hours Managing Broker needs __ years experience - Ans ️️ -3 years Security Deposit Returns - Ans ️️ -21 days First time renewal coursework - Ans ️️ -New licensees complete 30 hours of advanced practice, 30 hours of real estate law, 27 hours of CE, and the three-ho...

WASHINGTON STATE PORTION (REAL ESTATE EXAM) EXAM | QUESTIONS & 100% VERIFIEDANSWERS | LATEST UPDATE | PASSED 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. Rebecca mus...

Washington State DOL Written Test New 2024 Version Best Studying Material with All Questions from Actual Past Exam and 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. Rebecca must deposit the funds into a DOL special trust fund account. - ANSWERS**Rebecca may deposit it in the firm's re...

WA STATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ What disciplinary action will occur if a Washington broker disregards a child support order? - -License suspension When may a licensee receive compensation in Washington based on an appraisal result at or above a specific prearranged price? - -It's illegal in all circumstances. How is the Washington managing broker's exam presented? - -As a simulation-based exam In Washington, which agency is authorized to dissemin...

Washington Real Estate Train Agents AMP Pre- License Mock Exam Questions and Answers A firm's satellite office at a new condominium does not need a managing broker on site if it is within how many miles of the nearest branch office? A) 20 B) 35 C) 40 D) 50 - Ans ️️ -B) 35 Feedback: Correct: State regulations allow a satellite sales office without a managing broker present if is within 35 miles of the nearest branch office. When a licensee is determined by the state to not be in c...

Washington State DOL Knowledge Test Exam Questions with Answers

Washington State portion (Real Estate Exam) Questions and Answers 100% CorrectWashington State portion (Real Estate Exam) Questions and Answers 100% CorrectWashington State portion (Real Estate Exam) Questions and Answers 100% CorrectWashington State portion (Real Estate Exam) Questions and Answers 100% Correct 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 f...

WA Real Estate Practice Exam With Answers Latest Updated 2024 (Graded A+) You are recording an accrued expense for your seller client, Sam Bosworth. This represents an item that Sam ____________________. - Answer Has incurred but hasn't paid Because proper trust fund handling and record keeping is extremely important, the ________ conducts routine audits of real estate companies. - Answer Washington State Department of Licensing Karen would like to sell her own home. What's the minimum r...