Washington Real Estate Broker Exam — Study Guide
Free, topic-by-topic study notes for the Washington Real Estate Broker Exam exam. Read a chapter, then practice it.
Property Ownership
This national topic covers the bundle of rights, fixtures versus personal property, the estates in land, and the ways title can be co-owned.
Land Use Controls and Regulations
This topic covers government controls such as zoning, nonconforming uses, and eminent domain, and private controls such as easements and restrictions.
Valuation and Market Analysis
This topic covers value principles, the three appraisal approaches, forms of depreciation, and the comparative market analysis.
Financing
This topic covers loan instruments, creative financing techniques, discount points, and the federal laws that govern lending.
Contracts
The most heavily weighted national topic. You must know contract formation, classifications, and how contracts are discharged or breached.
Agency
Agency defines the licensee-client relationship. This topic covers duties, the difference between puffing and misrepresentation, and representation types.
Property Disclosures
This topic covers latent versus patent defects, the duty to disclose material facts, and required federal environmental disclosures.
Transfer of Title
This topic covers deeds and their warranties, how title passes, and how recording and title insurance protect ownership.
Practice of Real Estate
This topic covers fair housing, listing types, trust fund handling, and the professional duties licensees owe.
Property Management
This topic covers the management agreement, lease types, and landlord-tenant concepts including eviction.
Real Estate Calculations
This topic reviews commission, proration, area, and financing math commonly tested on the exam.
State License Law (Washington)
Washington real estate licensing is governed by RCW 18.85 and administered by the Department of Licensing (DOL). This topic covers the license structure and the responsibilities of brokers and firms.
State Agency Rules (Washington)
Washington agency relationships are defined by statute (RCW 18.86), and residential sellers must provide a Form 17 disclosure. This topic covers both.
State Practice, Closing, and Escrow (Washington)
This topic covers how Washington transactions close through escrow and how firms must handle trust funds.
State Licensing Requirements (Washington)
This topic covers Washington's prelicensing education, examination, and renewal requirements.
Practice by topic
Jump straight into free practice questions for any single Washington Real Estate Broker Exam topic.