DC Real Estate Exam Practice Test
Questions and answers new
solution
update
Trina applied for inactive status for her DC broker's license when her son was
diagnosed with leukemia four years ago. How long does she have to reactivate her
license from the time it was made inactive? - answer 5 years
which entity provides budget and resource support to the DC real estate
commission? - answer department of consumer and regulatory affairs
colin was found guilty of a minor violation of dc license law. the commission decided
that Colin needed remediation, which in this case likely includes _______ - answer
retraining
several buyers attended Neil's open house last weekend. He made the DC seller's
disclosure statement available, but there is one person for whom he was legally
required to provide it. Who would that be? - answer the buyer who emailed him
about the property
Which protected classes does DC's Human Rights Act add to those already
protected under the federal fair housing act? - answer age, marital status, personal
appearance, sexual orientation, gender identity or expression, family
responsibilities, matriculation, and political affiliation
The DC Real Estate Commission is under the administrative oversight of__________ -
answer The National Association of REALTORS
DC Real Estate
, Who else can file a fair housing complaint? - answer attorney general
Licensees must complete ______ hours of continuing education every two years -
answer 15
What is the current per-licensee maximum that can be collected from the DC Real
Estate Guaranty and Education Fund? - answer $50,000
Carl lives in a 3 unit DC rental property owned by Margaret. Which of these is the
most inclusive statement about Carl's petition rights and responsibilities? - answer
Tenants have 7 days after the offer of the sale to request more information;
Margaret has 7 days to comply. The tenant organization has 15 days to file a
statement of interest; Carl has 7 days after that to file an individual petition
Simon is selling a 10 unit property. Within how many days from the offer of sale
must the tenants provide Simon with a statement of interest to purchase if a tenant
organization already exists? - answer
30 days (bc tenant org already exists; if one doesn't exist it is 45 days)
mixing earnest money with personal funds - answer commingling
How long must property owners or property managers keep a copy of a signed DC
lead disclosure form?
- answer 6 years
salesperson license renewal date - answer august 31
broker license renewal date - answer february 28
What is this an example of: Herve withdrew funds from the trust account to pay the
brokerage's rent - answer conversion
DC Real Estate
Questions and answers new
solution
update
Trina applied for inactive status for her DC broker's license when her son was
diagnosed with leukemia four years ago. How long does she have to reactivate her
license from the time it was made inactive? - answer 5 years
which entity provides budget and resource support to the DC real estate
commission? - answer department of consumer and regulatory affairs
colin was found guilty of a minor violation of dc license law. the commission decided
that Colin needed remediation, which in this case likely includes _______ - answer
retraining
several buyers attended Neil's open house last weekend. He made the DC seller's
disclosure statement available, but there is one person for whom he was legally
required to provide it. Who would that be? - answer the buyer who emailed him
about the property
Which protected classes does DC's Human Rights Act add to those already
protected under the federal fair housing act? - answer age, marital status, personal
appearance, sexual orientation, gender identity or expression, family
responsibilities, matriculation, and political affiliation
The DC Real Estate Commission is under the administrative oversight of__________ -
answer The National Association of REALTORS
DC Real Estate
, Who else can file a fair housing complaint? - answer attorney general
Licensees must complete ______ hours of continuing education every two years -
answer 15
What is the current per-licensee maximum that can be collected from the DC Real
Estate Guaranty and Education Fund? - answer $50,000
Carl lives in a 3 unit DC rental property owned by Margaret. Which of these is the
most inclusive statement about Carl's petition rights and responsibilities? - answer
Tenants have 7 days after the offer of the sale to request more information;
Margaret has 7 days to comply. The tenant organization has 15 days to file a
statement of interest; Carl has 7 days after that to file an individual petition
Simon is selling a 10 unit property. Within how many days from the offer of sale
must the tenants provide Simon with a statement of interest to purchase if a tenant
organization already exists? - answer
30 days (bc tenant org already exists; if one doesn't exist it is 45 days)
mixing earnest money with personal funds - answer commingling
How long must property owners or property managers keep a copy of a signed DC
lead disclosure form?
- answer 6 years
salesperson license renewal date - answer august 31
broker license renewal date - answer february 28
What is this an example of: Herve withdrew funds from the trust account to pay the
brokerage's rent - answer conversion
DC Real Estate
