Washington real - Study guides, Class notes & Summaries

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...

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. - **Rebecca may deposit it in the firm's regular trust a...

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. - correct answer **Rebecca may deposit it in the fi...

WASHINGTON REAL ESTATE TRAINAGENTS AMP PRE-LICENSE MOCK EXAMS QUESTIONS AND ANSWERS, VERIFIED. 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 - -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...

Washington Real Estate Test-solved

REAL ESTATE EXAM WASHINGTON REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Broker`s price opinion means: a. an oral report of property prepared by a licensee written report of property prepared by a licensee both neither b. written report of property prepared by a licensee c. both d. neither - -c. both What license must a designated broker hold? a. designated broker's license b. managing broker's license c. broker's license d. no license is required - -b. managing broker...

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