Free Advanced WA Real Estate Law Course Examination Practice Questions

Sample Practice Questions

Try these 10 sample questions from the Advanced WA Real Estate Law Course Examination practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1Which written operational policy must a Washington designated broker maintain and implement?

   1. A. A written policy addressing required supervision and compliance procedures
   2. B. A written delegation agreement
   3. C. A written brokerage-services agreement
   4. D. A written property-management agreement

   Answer: A

   Explanation: WAC 308-124C-125 requires the designated broker to maintain and implement written firm policies and procedures. The controlling official text states: "Maintaining, implementing and following a written policy that addresses"

   Reference: WAC 308-124C-125: — WAC 308-124C-125(9) - written policy

2. 2Which post-agency obligation should a Washington firm's compliance policy preserve?

   1. A. Accounting for money and property received
   2. B. Guaranteeing appreciation
   3. C. Setting the client's tax rate
   4. D. Providing indefinite free inspections

   Answer: A

   Explanation: RCW 18.86.070 provides that the duty to account for all moneys and property received survives termination. The controlling official text states: "To account for all moneys and property received during the relationship"

   Reference: RCW 18.86.070: — RCW 18.86.070 - termination duties

3. 3A Washington broker knows a material fact about property that is not readily ascertainable. What is the core duty?

   1. A. Disclose it when known and not readily ascertainable
   2. B. Disclose it only after mutual acceptance
   3. C. Disclose it only if the principal authorizes disclosure
   4. D. Disclose it only when it is already apparent to the other party

   Answer: A

   Explanation: RCW 18.86.030 requires disclosure of all existing material facts known by the broker. The controlling official text states: "To disclose all existing material facts known by the broker and not apparent or readily ascertainable to a party"

   Reference: RCW 18.86.030: — RCW 18.86.030 - material facts

4. 4For Washington workers' compensation, how are real estate brokers affiliated with a firm treated?

   1. A. As covered workers for industrial-insurance reporting
   2. B. As categorically exempt owners
   3. C. As county employees
   4. D. As unpaid volunteers

   Answer: A

   Explanation: L&I says all real estate brokers are considered covered workers for workers' compensation. The controlling official text states: "brokers are covered workers for L&I and all real estate firms must report and pay workers’ compensation insurance for all brokers licensed to the firm."

   Reference: Real Estate Brokers — Who is covered

5. 5Within what time must signed transaction documents be delivered to a Washington firm?

   1. A. Two business days
   2. B. Ten business days
   3. C. Thirty days
   4. D. At closing only

   Answer: A

   Explanation: WAC 308-124C-125 requires delivery within two business days of mutual acceptance. The controlling official text states: "Ensuring affiliated licensees submit their transaction documents to the designated broker, branch manager or delegated managing broker within two business days of mutual acceptance."

   Reference: WAC 308-124C-125: — WAC 308-124C-125 - document delivery

6. 6A Washington license applicant makes a material false statement on the application. What consequence is authorized?

   1. A. Denial or discipline
   2. B. Automatic managing-broker status
   3. C. A property-tax refund
   4. D. Mandatory firm incorporation

   Answer: A

   Explanation: RCW 18.235.130 treats misrepresentation or concealment of a material fact in obtaining a license as unprofessional conduct. The controlling official text states: "Misrepresentation or concealment of a material fact in obtaining or renewing a license or in reinstatement thereof"

   Reference: RCW 18.235.130: — RCW 18.235.130 - application misrepresentation

7. 7After discovering a qualifying breach of Washington residents' personal data, when must notice generally be made?

   1. A. 30 calendar days
   2. B. 20 calendar days
   3. C. 5 calendar days
   4. D. 10 calendar days

   Answer: A

   Explanation: RCW 19.255.010(8) requires notice to affected consumers without unreasonable delay and no more than thirty calendar days after discovery, subject to stated exceptions. The controlling official text states: "Notification to affected consumers under this section must be made in the most expedient time possible, without unreasonable delay, and no more than thirty calendar days after the breach was discovered"

   Reference: RCW 19.255.010: — RCW 19.255.010(8) - consumer notice timing

8. 8How many monthly hours may a Washington firm report for a full-time broker under the standard method?

   1. A. 160 hours
   2. B. 80 hours
   3. C. 120 hours
   4. D. 200 hours

   Answer: A

   Explanation: L&I lists 160 hours per month for full-time brokers as one reporting method. The controlling official text states: "Assume one hundred-sixty hours per month for full-time employees"

   Reference: Real Estate Brokers — reporting options

9. 9Who may be appointed to manage a Washington branch office?

   1. A. A managing broker authorized by the designated broker
   2. B. A broker authorized by the designated broker
   3. C. A managing broker authorized by an affiliated broker
   4. D. An unlicensed office manager authorized by the designated broker

   Answer: A

   Explanation: WAC 308-124C-130 provides for a managing broker to exercise delegated authority at a branch. The controlling official text states: "Each branch office shall be required to have a branch manager who shall be a managing broker authorized by the designated broker to perform the duties of a branch manager."

   Reference: RCW 18.85.241: — RCW 18.85.241 - branch manager qualification

10. 10A Washington licensee performs professional services beyond the scope defined by law or rule. How is that conduct classified?

    1. A. Unprofessional conduct subject to discipline
    2. B. A permitted expansion of the license
    3. C. An automatic managing-broker endorsement
    4. D. A matter outside the licensing authority

    Answer: A

    Explanation: RCW 18.235.130(10) classifies practice or business operation beyond the scope defined by law or rule as unprofessional conduct. The controlling official text states: "Practice or operation of a business or profession beyond the scope of practice or operation as defined by law or rule"

    Reference: RCW 18.235.130: — RCW 18.235.130(10) - practice beyond scope