REGULATORY ENVIRONMENT - 2021 PSI GUIDE Flashcards
Excluding the Director of Licensing, how many members are on the Washington State Real Estate
Commission?
a. 5
b. 6
c. 9
d. 10
b. 6
The purpose of the Washington Real Estate Commission is to
a. promote the public interest.
b. help real estate brokers increase their commissions.
c. set the commission rates real estate brokers are allowed to charge.
d. protect private property rights.
a. promote the public interest.
Who conducts real estate licensee disciplinary hearings?
a. Department of Licensing
b. Real Estate Division
c. Department of Business and Industry
d. Real Estate Commission
a. Department of Licensing
What is the term of a Washington Real Estate Commissioner?
a. 3 years
b. 4 years
c. 5 years
d. 6 years
d. 6 years
Rules regarding real estate licensees are issued by the
a. Attorney General.
b. Director of the Department of Licensing.
c. Governor.
d. Real Estate Research Center.
b. Director of the Department of Licensing.
Laws and rules related to real estate licensing are enforced by the
a. Attorney General.
b. Department of Licensing.
c. Real Estate Commission.
d. Governor’s Office.
b. Department of Licensing.
Which of the following is NOT one of the powers or duties of the DOL?
a. Passing legislation regarding real estate
b. Establishing a program for real estate education
c. Adopting rules for real estate advertising
d. Enforcing laws related to real estate licensing
a. Passing legislation regarding real estate
Practicing real estate without a license is a(n)
a. felony
b. infraction
c. misdemeanor
d. gross misdemeanor
d. gross misdemeanor
The Washington State Real Estate Commission
a. passes legislation related to real estate.
b. conducts disciplinary hearings regarding real estate licensees.
c. establishes compensation rates for real estate licensees.
d. acts in an advisory capacity to the DOL.
d. acts in an advisory capacity to the DOL.
The Director of the Department of Licensing may issue rules governing real estate licensees but
needs approval from the
a. Attorney General.
b. Governor.
c. Real Estate Commission.
d. Legislature
c. Real Estate Commission.
In Washington a real estate license is issued by the
a. Real Estate Commission.
b. Department of Real Estate.
c. Department of Licensing.
d. Secretary of State.
b. Department of Real Estate.
Who enforces laws and rules related to real estate education and education providers?
a. Real Estate Commission
b. Department of Licensing
c. Legislature
d. Department of Real Estate
b. Department of Licensing
Which of the following is NOT a disciplinary sanction that may be imposed by the DOL?
a. incarceration for not more than 6 months
b. license revocation
c. license suspension
d. remedial education
a. incarceration for not more than 6 months
Disciplinary hearings against real estate licensees are conducted pursuant to the
a. Rules of Evidence.
b. Administrative Procedure Act.
c. Rules of Civil Procedure.
d. Washington Disciplinary Code.
b. Administrative Procedure Act.
After receiving a Statement of Charges, how many days does a real estate licensee have to file a
Request for Hearing?
a. 10 days
b. 15 days
c. 20 days
d. 30 days
c. 20 days
The purpose of the Real Estate Research Center is to
a. provide research and information regarding real estate to consumers and public agencies.
b. provide resources for real estate licensees to conduct studies.
c. conduct studies on commercial real estate.
d. conduct studies regarding affordable housing.
a. provide research and information regarding real estate to consumers and public agencies.
A fine imposed against a real estate licensee, by the Director of the DOL must not exceed
a. $1,000 per violation.
b. $2,000 per violation.
c. $3,000 per violation.
d. $5,000 per violation.
d. $5,000 per violation.
A Petition for Review of a disciplinary order by the DOL may be filed with the
a. Real Estate Commission.
b. Administrative Law Judge.
c. Supreme Court.
d. Superior Court.
d. Superior Court.
Who has the authority to adopt rules regarding standards of practice and professional conduct?
a. Real Estate Commission.
b. Attorney General.
c. Governor’s Office.
d. Department of Licensing.
d. Department of Licensing.
Which of the following is NOT a ground for discipline against a real estate licensee?
a. Suspension of a real estate license in Oregon
b. Multiple driving infractions
c. Failure to cooperate in a DOL investigation
d. Helping an unlicensed person practice real estate
b. Multiple driving infractions
