{
    "source": {
        "name": "WA broker exam — 13-question re-drill",
        "exam": "Washington State real estate BROKER licensing exam — state portion (PSI)",
        "jurisdiction": "Washington State, USA",
        "question_count": 13,
        "mirror_of": "https://livinginmaricopa.com/wa-drill.html",
        "formats": {
            "interactive": "https://livinginmaricopa.com/wa-drill.html",
            "html": "https://livinginmaricopa.com/wa-drill-source.html",
            "text": "https://livinginmaricopa.com/wa-drill-source.txt",
            "json": "https://livinginmaricopa.com/wa-drill-data.json"
        },
        "note": "Study aid. Not legal advice. Verify every citation against current RCW/WAC before relying on it."
    },
    "questions": [
        {
            "id": 1,
            "category": "PM trust",
            "stem": "An owner signs a written directive asking that the property management trust account holding her units be interest-bearing. The interest is paid to:",
            "choices": {
                "A": "The state, 75% housing trust fund and 25% education",
                "B": "The owner",
                "C": "The tenants, pro rata by deposit",
                "D": "The firm, as a management fee"
            },
            "answer": {
                "letter": "B",
                "text": "The owner"
            },
            "explanation": "A PM account is interest-bearing only by written agreement or owner directive, and the interest goes to the owner.",
            "citation": "WAC 308-124E-115"
        },
        {
            "id": 2,
            "category": "PM trust",
            "stem": "Which trust account's interest actually goes 75% to the housing trust fund and 25% to the real estate education account?",
            "choices": {
                "A": "Any trust account the firm maintains",
                "B": "A property management account holding security deposits",
                "C": "A pooled account holding deposits of $10,000 or under",
                "D": "Only accounts holding more than $10,000"
            },
            "answer": {
                "letter": "C",
                "text": "A pooled account holding deposits of $10,000 or under"
            },
            "explanation": "The 75/25 split applies to pooled deposits of $10,000 or under. PM accounts are exempt — applying the split to them is the reflex error.",
            "citation": "RCW 18.85.285 · WAC 308-124E-115"
        },
        {
            "id": 3,
            "category": "PM trust",
            "stem": "A firm's PM trust account holds security deposits for several different owners. The bookkeeper wants to set up an automatic monthly transfer to cover routine owner draws. This is:",
            "choices": {
                "A": "Fine, if reconciled monthly",
                "B": "Fine, if each owner authorises it in writing",
                "C": "Prohibited",
                "D": "Fine, if the transfer never exceeds the owner's balance"
            },
            "answer": {
                "letter": "C",
                "text": "Prohibited"
            },
            "explanation": "No preauthorized recurring disbursements where the account holds security deposits or multiple clients' funds. No authorisation cures it.",
            "citation": "WAC 308-124E"
        },
        {
            "id": 4,
            "category": "PM trust",
            "stem": "How must a firm take its earned property management commissions out of the trust account?",
            "choices": {
                "A": "Per transaction, as each rent payment clears",
                "B": "At least monthly, by one check to the firm, with a supporting schedule",
                "C": "Quarterly, by transfer to the operating account",
                "D": "At the designated broker's discretion, documented in the file"
            },
            "answer": {
                "letter": "B",
                "text": "At least monthly, by one check to the firm, with a supporting schedule"
            },
            "explanation": "At least monthly, one check to the firm, with a supporting schedule.",
            "citation": "WAC 308-124E"
        },
        {
            "id": 5,
            "category": "PM trust",
            "stem": "Mid-tenancy, an owner asks the firm to release half of a tenant's security deposit to cover a repair. The firm may:",
            "choices": {
                "A": "Release it, with written notice to the tenant",
                "B": "Release it if the lease permits owner draws",
                "C": "Not release it without the tenant's written agreement",
                "D": "Release it after 30 days if the tenant does not object"
            },
            "answer": {
                "letter": "C",
                "text": "Not release it without the tenant's written agreement"
            },
            "explanation": "No security-deposit disbursement without the tenant's written agreement until the tenancy ends.",
            "citation": "WAC 308-124E"
        },
        {
            "id": 6,
            "category": "Conversion",
            "stem": "A client delivers a written demand for the return of her documents and funds on March 1. Nothing has been returned by April 5. This is:",
            "choices": {
                "A": "A technical violation only, curable on return",
                "B": "Prima facie evidence of conversion",
                "C": "Grounds for an automatic licence suspension",
                "D": "Not yet actionable — the period is 60 days"
            },
            "answer": {
                "letter": "B",
                "text": "Prima facie evidence of conversion"
            },
            "explanation": "More than 30 days after demand. Failure to return money or documents within 30 days is prima facie evidence of conversion.",
            "citation": "RCW 18.85.361(5)"
        },
        {
            "id": 7,
            "category": "The numbers",
            "stem": "Match the deadline: a licensee is charged with a felony on June 1. He must notify the program by:",
            "choices": {
                "A": "June 11",
                "B": "June 21",
                "C": "July 1",
                "D": "The next renewal"
            },
            "answer": {
                "letter": "B",
                "text": "June 21"
            },
            "explanation": "20 days — and the charge triggers it, not the conviction. Do not confuse this with the 30-day conversion period or the 30-day disbursement date.",
            "citation": "RCW 18.235 · RCW 18.85"
        },
        {
            "id": 8,
            "category": "DB role",
            "stem": "A managing broker with a controlling interest in one firm is asked to become designated broker for a second, unrelated firm. She may:",
            "choices": {
                "A": "Not do so — a designated broker may serve only one firm",
                "B": "Do so, with a designated broker endorsement",
                "C": "Do so only if the firms share common ownership",
                "D": "Do so only with the written consent of the director"
            },
            "answer": {
                "letter": "B",
                "text": "Do so, with a designated broker endorsement"
            },
            "explanation": "A designated broker may serve more than one firm. Option A is the Arizona rule and is the trap — this is the one miss on your list that was Arizona instinct.",
            "citation": "RCW 18.85"
        },
        {
            "id": 9,
            "category": "DB role",
            "stem": "To be a designated broker in Washington, a person must be:",
            "choices": {
                "A": "Any broker the firm nominates in writing",
                "B": "A managing broker with a controlling interest and an endorsement",
                "C": "A managing broker with 5 years of experience",
                "D": "An owner of the firm, licensed or not"
            },
            "answer": {
                "letter": "B",
                "text": "A managing broker with a controlling interest and an endorsement"
            },
            "explanation": "Managing broker + controlling interest + endorsement.",
            "citation": "RCW 18.85"
        },
        {
            "id": 10,
            "category": "Renewal",
            "stem": "A broker's licence expired 8 months ago and has not been renewed. Its status is:",
            "choices": {
                "A": "Canceled",
                "B": "Expired, and still renewable",
                "C": "Inactive",
                "D": "Revoked"
            },
            "answer": {
                "letter": "B",
                "text": "Expired, and still renewable"
            },
            "explanation": "Cancellation happens only when a licence goes unrenewed for 1 year past expiration. At 8 months it is expired but still renewable. Compare the 14-month case, which is canceled.",
            "citation": "RCW 18.85"
        },
        {
            "id": 11,
            "category": "Renewal",
            "stem": "A licence was canceled 18 months ago. To reinstate, the licensee needs:",
            "choices": {
                "A": "Back fees only",
                "B": "60 clock hours including at least 30 in real estate law, within the prior year, plus back fees and a $100 penalty",
                "C": "To requalify from the beginning, including the exam",
                "D": "30 clock hours and a $250 penalty"
            },
            "answer": {
                "letter": "B",
                "text": "60 clock hours including at least 30 in real estate law, within the prior year, plus back fees and a $100 penalty"
            },
            "explanation": "Within 2 years of cancellation: 60 clock hours (≥30 real estate law) completed in the prior year, back fees, and a $100 penalty. Beyond two years — requalify.",
            "citation": "RCW 18.85"
        },
        {
            "id": 12,
            "category": "Surrender",
            "stem": "A broker resigns. There is a genuine, documented dispute over an unpaid commission. The designated broker holds the broker's licence until it is settled. This is:",
            "choices": {
                "A": "Proper — the firm holds the licence and may assert its interest",
                "B": "Proper for up to 10 days",
                "C": "Improper — the DB must surrender without delay and may not condition surrender",
                "D": "Proper only if the dispute exceeds $1,000"
            },
            "answer": {
                "letter": "C",
                "text": "Improper — the DB must surrender without delay and may not condition surrender"
            },
            "explanation": "The firm does hold the licence — which is why option A feels right and is the trap. But the DB must surrender it without delay and may not condition surrender on anything, a commission dispute included.",
            "citation": "RCW 18.85"
        },
        {
            "id": 13,
            "category": "Surrender",
            "stem": "After surrender, that broker is not yet affiliated with a new firm. On inactive status she may:",
            "choices": {
                "A": "Perform brokerage services while her transfer is pending",
                "B": "Perform no brokerage services at all",
                "C": "Perform only property management",
                "D": "Perform brokerage services for 30 days"
            },
            "answer": {
                "letter": "B",
                "text": "Perform no brokerage services at all"
            },
            "explanation": "Inactive means not affiliated with a firm and no brokerage services. Exempt from CE while inactive — but inactive over 3 years requires a 30-hour course within 1 year before reactivating.",
            "citation": "RCW 18.85"
        }
    ]
}