DC State Portion Exam Questions With Perfest Answers

DC State Portion Exam Questions With Perfest Answers Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners -Correct Answer-The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey considers her personal interest in the property too minor to bother disclosing it. Is this a violation of DC law? No. Jersey must disclose that the buyer is her neighbor, but she doesn't need to disclose her interest in the property. No. Jersey need not disclose unless she holds at least a 10% interest in a property. No. Jersey need not disclose unless she holds at least a 15% interest in a property. Yes. Jersey must disclose any interest she holds in a property. -Correct Answer-Yes. Jersey must disclose any interest she holds in a property. 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 ________. Fi