Washington Real Estate Fundamentals

Course Description

As a part of its real estate broker prelicense requirements, the Washington Department of Licensing (DOL) requires the completion of 90 hours of real estate study in two courses: a 60-hour Washington Real Estate Fundamentals course and a 30-hour Washington Real Estate Practices course. 

This course contains the 60 hours of education needed to meet the Real Estate Fundamentals requirement. The topics included in this course are:

• Module 1
  1. Real Estate as a Career
  2. Real and Personal Property, Rights, Fixtures, and Legal Descriptions
  3. Estates in Real Property and Forms of Ownership
  4. Transfer of Title to Real Property
  5. Encumbrances
  6. Government Rights and Limitations on Private Land Ownership
• Module 2
  7. Contract Practices
  8. Conditions and Contingencies
  9. Specific Real Estate Contracts
  10. Lease Agreements
  11. Real Estate Agency Law
• Module 3
  12. Real Estate Finance Terms
  13. The Residential Lending Process
  14. Real Estate Appraisal
• Module 4
  15. Fair Housing Issues and Consumer Protection
  16. Escrow and Closing
  17. Federal and State Income Taxes
  18. Property Management and Landlord Tenant Law
  19. Washington Real Estate License Law
• Module 5
  20. Real Estate Residential Construction and Design
  21. Real Estate Mathematics

The course topics are divided into modules and chapters. At the end of each chapter is a short quiz to test your comprehension of the chapter's topics. At the end of each module is a study guide that summarizes the important points from each chapter in the module as well as an optional study test to help you retain the information presented in the module.

At the end of the 60-hour course is a final exam in multiple-choice format with a passing score of 70%. Students are allowed to attempt the final exam as many times as necessary to meet the minimum passing score. Each attempt at the final exam will contain a different set of test questions than the prior attempt.

The Washington Department of Licensing requires that students meet the minimum 60 hours of study time before accessing the final exam. 

The course contains reading material, short videos, and quizzes. Students must complete all course materials before the student's course completion information will be sent to the DOL's licensing exam provider.

Course Instructors

Upon registering for the prelicense course you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You are encouraged to contact your instructor whenever you feel contact will be helpful.

The OnlineEd office is available for students who are having technical issues or need to purchase a course extension. The student services office may be contacted at 1-866-519-9597 Monday through Friday, from 9:00 am to 5:00 pm, excluding holidays. After-hours email support is also available at mail@onlineed.com. All questions regarding course content must be directed to the course instructor, as the OnlineEd office telephone support staff are not authorized by the DOL to instruct the course.

This school is approved under chapter 18.85 RCW; inquiries regarding this or any other real estate school may be made to the: Washington State Department of Licensing, Real Estate Program, P.O. Box 9015, Olympia, Washington 98507-9015.

Equipment

The OnlineEd course is presented via the Internet. The only thing you need to complete the course is a web browser and an Internet connection.

All of the course material and tests must be completed online. 

Enrollment Period

You will have 365 days from the time of initial course registration to complete the course material, chapter review exercises, and pass the course final examination. If not completed with 365 days, the course will expire and students will be denied further access to the course materials. Extensions are available for a fee.

Course Prerequisites

There are no education prerequisites required. However, you are advised to contact the Washington Department of Licensing to determine whether you will be eligible to sit for the Washington Real Estate Salesperson examination. There are age and other requirements that must be met. OnlineEd is a course provider and makes no determination as you your ability to obtain a real estate license. The licensing process is between you and the Washington Department of Licensing.

Cancellation and Refund Policy

The refund policy is outlined in this course's Enrollment Terms of Service Agreement.

How to obtain a real estate license in Washington

To be licensed as a real estate salesperson, you must:

• Be 18 years of age or older
• Register with Applied Measurement Professionals (AMP), the real estate licensing exam provider for the Washington Department of Licensing.
• Complete a 60 clock-hour course in real estate fundamentals and a 30 clock-hour course in real estate practice. Clock hours must be completed within 2 years prior to applying for the Washington broker license examination. 
• Schedule the licensing exam with AMP. When going to take the exam, bring two pieces of identification, one of which must include your photograph. After passing the broker licensing exam, candidates will receive a fingerprint card that must be completed by a third-party fingerprinting service.
• Complete and submit the real estate broker application and the fingerprint card with the appropriate fee.

For additional information about licensing requirements or how to obtain a license, please visit the Washington Department of Licensing.