DC REAL ESTATE EXAM ACTUAL 2026
EXAM EXPERT SYSTEM WITH
AUTHENTIC SOLUTIONS AND
COMPLETE ANSWERS
Online Advertising Disclosures
Q: What information must a licensee include in all online advertisements?
A: ✔✔ To ensure transparency and public protection, every electronic
advertisement (including websites, social media, and email) must clearly display:
Licensee’s Name: As it appears on your official license.
Firm’s Licensed Name: The name of the brokerage you are affiliated with.
Office Location: The city and state where your firm's main office is located.
Jurisdiction(s): Every state or territory where you (or your firm) hold a real
estate license.
Commission Violations and Fines
Q: What is the maximum fine for a DC Real Estate Commission violation?
A: ✔✔ $2,500 per violation. The Commission can also take other disciplinary
actions, such as:
Suspending or revoking your license.
Requiring additional mandatory education.
Issuing a formal reprimand.
Electronic Documents
Q: Which law makes electronic documents and signatures legally binding in
DC?
, A: ✔✔ The Uniform Electronic Transactions Act (UETA). This act ensures that
a record or signature cannot be denied legal effect solely because it is in electronic
form. It allows real estate contracts to be signed and delivered digitally with the
same validity as paper documents.
Escrow Accounts: Commingling vs. Conversion
Q: What is the difference between conversion and commingling?
A: ✔✔
Commingling: The act of mixing client funds with personal funds or the
firm's operating account. Even if you don't spend a dime of the client's
money, simply putting it in the wrong account is a violation.
Conversion: The much more serious act of illegally using or spending the
money you received from a client for your own purposes (e.g., using an
earnest money deposit to pay your firm's electric bill).
Earnest Money and Escrow Interest
Q: What is the deadline for depositing earnest money?
A: ✔✔ Within 7 days. Once a real estate contract is ratified, the earnest money
deposit must be placed in a federally insured escrow or trust account in the District
within 7 business days of receipt.
Q: When does an escrow account begin to earn interest?
A: ✔✔ On the 91st day. Under DC Code § 42-1704, if an escrow or trust fund is
held for 90 days or more, it must earn interest from the 91st day until the
transaction is closed or terminated. The interest must be paid at the highest legal
rate available for ordinary savings deposits in commercial banks.
The Commission on Human Rights conduct investigations of ____ -
ANSWER✔✔discrimination patterns and complaints of discrimination in DC.
EXAM EXPERT SYSTEM WITH
AUTHENTIC SOLUTIONS AND
COMPLETE ANSWERS
Online Advertising Disclosures
Q: What information must a licensee include in all online advertisements?
A: ✔✔ To ensure transparency and public protection, every electronic
advertisement (including websites, social media, and email) must clearly display:
Licensee’s Name: As it appears on your official license.
Firm’s Licensed Name: The name of the brokerage you are affiliated with.
Office Location: The city and state where your firm's main office is located.
Jurisdiction(s): Every state or territory where you (or your firm) hold a real
estate license.
Commission Violations and Fines
Q: What is the maximum fine for a DC Real Estate Commission violation?
A: ✔✔ $2,500 per violation. The Commission can also take other disciplinary
actions, such as:
Suspending or revoking your license.
Requiring additional mandatory education.
Issuing a formal reprimand.
Electronic Documents
Q: Which law makes electronic documents and signatures legally binding in
DC?
, A: ✔✔ The Uniform Electronic Transactions Act (UETA). This act ensures that
a record or signature cannot be denied legal effect solely because it is in electronic
form. It allows real estate contracts to be signed and delivered digitally with the
same validity as paper documents.
Escrow Accounts: Commingling vs. Conversion
Q: What is the difference between conversion and commingling?
A: ✔✔
Commingling: The act of mixing client funds with personal funds or the
firm's operating account. Even if you don't spend a dime of the client's
money, simply putting it in the wrong account is a violation.
Conversion: The much more serious act of illegally using or spending the
money you received from a client for your own purposes (e.g., using an
earnest money deposit to pay your firm's electric bill).
Earnest Money and Escrow Interest
Q: What is the deadline for depositing earnest money?
A: ✔✔ Within 7 days. Once a real estate contract is ratified, the earnest money
deposit must be placed in a federally insured escrow or trust account in the District
within 7 business days of receipt.
Q: When does an escrow account begin to earn interest?
A: ✔✔ On the 91st day. Under DC Code § 42-1704, if an escrow or trust fund is
held for 90 days or more, it must earn interest from the 91st day until the
transaction is closed or terminated. The interest must be paid at the highest legal
rate available for ordinary savings deposits in commercial banks.
The Commission on Human Rights conduct investigations of ____ -
ANSWER✔✔discrimination patterns and complaints of discrimination in DC.
