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DC Real Estate Exam Practice Test Questions and Answers
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DC Real Estate Exam Practice Test Questions and Answers
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DC Real Estate Exam Practice TestQuestions and Answers
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
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
How long do you have to keep the agency disclosure notice on file that you collected
early on in the transaction? - Answer -3 years
NPMA-33 form - Answer -documents 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? -
Answer -injunctive 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? - Answer -The
DC Inventory of Historic Sites
which of the following statements is true regarding agency disclosure notices in DC? -
Answer -they are informational only but required by law
which type of termite is most likely to cause damage to homes in DC? - Answer -
suberranean 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? - Answer -the fund dipped below a minimum balance amount
dual agency aka - Answer -dual representation
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