Washington · state portion
Free Washington Statutes and Rules Governing Licensee Activity practice questions
10 original questions with full explanations. 13 of the 30 scored state-portion questions (about 43%) come from this area.
- 1
How must a real estate broker in Washington handle client funds?
- A. Deposit them into their personal bank account
- B. Hold them until the transaction closes
- C. Give them to the client to hold
- D. Deposit them into the firm's pooled trust account
Show answer & explanation
Answer: D
A real estate broker in Washington must deposit client funds into the firm's pooled trust account, as per WAC 308-124.
- 2
How must a Washington real estate brokerage firm maintain its trust account?
- A. As a separate account for each client
- B. As a trust account with a bank outside of Washington state
- C. As a joint account with the firm's business account
- D. As a pooled account for all clients, maintained by the Designated Broker
Show answer & explanation
Answer: D
A Washington real estate brokerage firm must maintain its trust account as a pooled account for all clients, maintained by the Designated Broker, under WAC 308-124.
- 3
A real estate broker is required to retain records for
- A. at least 1 year
- B. at least 2 years
- C. at least 5 years
- D. at least 3 years
Show answer & explanation
Answer: D
In Washington, a real estate broker is required to retain records for at least 3 years.
- 4
How must a real estate team in Washington state advertise its services?
- A. Using the team name only
- B. Without identifying the firm
- C. Using the broker's personal name only
- D. Using the firm name and the team name
Show answer & explanation
Answer: D
A real estate team in Washington state must advertise its services using the firm name and the team name, to identify the firm.
- 5
What is prohibited for a real estate broker in Washington?
- A. Commingling personal funds with client funds
- B. Converting client funds for personal use
- C. Both A and B
- D. Neither A nor B
Show answer & explanation
Answer: C
Both commingling and conversion of client funds are prohibited in Washington.
- 6
A Washington real estate firm has a team of licensees. What is the responsibility of the Designated Broker regarding the team?
- A. To supervise only the team leader
- B. To manage the team's client transactions
- C. To provide training only to new team members
- D. To supervise all team members
Show answer & explanation
Answer: D
The Designated Broker is responsible for supervising all team members, ensuring they comply with state laws and rules.
- 7
A Washington real estate broker wants to advertise their services online. What information must the advertisement include?
- A. The broker's personal phone number
- B. The firm's physical address
- C. The broker's personal email address
- D. The firm's name and contact information
Show answer & explanation
Answer: D
The advertisement must include the firm's name and contact information, as required by Washington state advertising rules, to identify the firm.
- 8
A Washington real estate firm must maintain a pooled trust account for client funds.
- A. True
- B. False, each broker must maintain their own trust account
- C. Only for residential transactions
- D. Only for commercial transactions
Show answer & explanation
Answer: A
In Washington, a real estate firm must maintain a pooled trust account for client funds, as required by WAC 308-124.
- 9
What is the purpose of the Washington State Department of Licensing's audit of a real estate firm's trust account?
- A. To verify the firm's compliance with state laws and rules
- B. To investigate complaints against the firm
- C. To determine the firm's tax liability
- D. To evaluate the firm's business practices
Show answer & explanation
Answer: A
The purpose of the audit is to verify the firm's compliance with state laws and rules, including the handling of client funds and trust account management.
- 10
What is the purpose of the trust account required for property management activities in Washington state?
- A. To hold client funds until they are disbursed
- B. To manage the firm's operating expenses
- C. To pay commissions to affiliated licensees
- D. To hold security deposits and rent payments
Show answer & explanation
Answer: D
The trust account required for property management activities in Washington state is used to hold security deposits and rent payments.
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The national portion is half the battle
Washington scores both portions separately. Practise the national topics free or check the Washington license requirements.
Common questions
How many Washington Statutes and Rules Governing Licensee Activity questions are on the Washington exam?
13 of the 30 scored state-portion questions (about 43%) come from this area.
What score do I need on the Washington state portion?
21 of 30 scored questions, in 60 minutes. The state and national portions are scored separately — you must pass both.
Are these real exam questions?
No — every question is original, written to the current published content outline. Real exam items are confidential and copyrighted.
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