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DC Real Estate Exam Practice Test Questions 2024/2025 already graded A+ $9.99   Add to cart
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DC Real Estate Exam Practice Test Questions 2024/2025 already graded A+
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  • VA-BC

DC Real Estate Exam Practice Test Questions 2024/2025 already graded A+

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Document information

  • February 29, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • va bc
  • trina applied for inactive status for her dc brok
  • which protected classes does dcs human rights act
  • carl lives in a 3 unit dc rental property owned by

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  • VA-BC
  • VA-BC

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Ashley96

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DC Real Estate Exam Practice Test
Questions

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? - ANS5 years

which entity provides budget and resource support to the DC real estate commission? -
ANSdepartment 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 _______ - ANSretraining

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? - ANSthe 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? - ANSage, 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__________ - ANSThe
National Association of REALTORS

Who else can file a fair housing complaint? - ANSattorney general

Licensees must complete ______ hours of continuing education every two years - ANS15

What is the current per-licensee maximum that can be collected from the DC Real Estate
Guaranty and Education Fund? - ANS$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? - ANSTenants 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? - ANS30 days (bc tenant org already exists; if one doesn't exist it is 45 days)

, mixing earnest money with personal funds - ANScommingling

How long must property owners or property managers keep a copy of a signed DC lead
disclosure form? - ANS6 years

salesperson license renewal date - ANSaugust 31

broker license renewal date - ANSfebruary 28

What is this an example of: Herve withdrew funds from the trust account to pay the brokerage's
rent - ANSconversion

How long do you have to keep the agency disclosure notice on file that you collected early on in
the transaction? - ANS3 years

NPMA-33 form - ANSdocuments the results of an inspection looking for wood-destroying insects

Nick is a DC property manager who was found guilty of discrimination after multiple complaints
resulted in a hearing. Which of the following penalties is Nick facing? - ANSinjunctive relief,
compensatory damages, and attorney fee reimbursement

The DC Historic Landmark and Historic District Protection Act combined the landmark list with
the National Register's catalog of DC properties to create what? - ANSThe DC Inventory of
Historic Sites

which of the following statements is true regarding agency disclosure notices in DC? - ANSthey
are informational only but required by law

which type of termite is most likely to cause damage to homes in DC? - ANSsuberranean
termite

Licensee Enzo just received a letter from the DC commission with an invoice for $50 for the
guaranty and education fund. What must have happened to have triggered this request for
funds? - ANSthe fund dipped below a minimum balance amount

dual agency aka - ANSdual representation

brokers from maryland and VA may be eligible for DC _____ licensing - ANSreciprocal

uses planning, protection, and public education to promote stewardship of DC's historic
properties - ANShistoric preservation office

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