DC LICENSING EXAM – STATE ||with A Guaranteed Solutions. DC State Portion Exam || A GRADED DC RE State Exam (Review 1) 100% Verified answers. DC Broker Exam || Questions with 100% correct solutions. CE Practice DC || Guaranteed Pass!! DC Real Estate License Exam || 100% correct answers. DC Real...
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DCREC correct answers Real Estate law in DC is created bt City Council and enforced by the District of Columbia Real Estate Commision (DCREC) DCREC job correct answers - Creates the *rules and regulations* concerning real property and land interest including condos, co-ops, leases, and time-share...
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Add to cartDCREC correct answers Real Estate law in DC is created bt City Council and enforced by the District of Columbia Real Estate Commision (DCREC) DCREC job correct answers - Creates the *rules and regulations* concerning real property and land interest including condos, co-ops, leases, and time-share...
The DC Inventory of Historic Sites correct answers Created when the DC Historic Landmark and Historic District Protection Act was enacted and combined the Landmark list with the National Register's catalog of DC properties. What happens if a DC licensee violates the Fair Housing Law? correct ans...
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Add to cartThe DC Inventory of Historic Sites correct answers Created when the DC Historic Landmark and Historic District Protection Act was enacted and combined the Landmark list with the National Register's catalog of DC properties. What happens if a DC licensee violates the Fair Housing Law? correct ans...
Dean's brokerage firm adopted an electronic transaction management system. Which of the following statements is true about brokerage policies related to the system? correct answers System permissions are on a need-to-know basis and passwords are required. Mary's been a salesperson in DC for two...
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Add to cartDean's brokerage firm adopted an electronic transaction management system. Which of the following statements is true about brokerage policies related to the system? correct answers System permissions are on a need-to-know basis and passwords are required. Mary's been a salesperson in DC for two...
A broker's license could be revoked for which of the following? correct answers Quoting a price below the listed price to a prospective purchaser. Members of the Real Estate Commission include: correct answers 2 licensed salespersons with at least 5 years experience One day after an exclusive...
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Add to cartA broker's license could be revoked for which of the following? correct answers Quoting a price below the listed price to a prospective purchaser. Members of the Real Estate Commission include: correct answers 2 licensed salespersons with at least 5 years experience One day after an exclusive...
When preparing the sales contract, when is it acceptable for a licensee who is not an attorney to offer legal advice to the client? correct answers Never (Licensees should never offer legal advice to their clients—unless they also happen to be practicing attorneys.) In a real estate transact...
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Add to cartWhen preparing the sales contract, when is it acceptable for a licensee who is not an attorney to offer legal advice to the client? correct answers Never (Licensees should never offer legal advice to their clients—unless they also happen to be practicing attorneys.) In a real estate transact...
Property Manager Eligibility Requirements correct answers Able to read, write, and understand English Real Estate Broker Practice correct answers May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lot...
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Add to cartProperty Manager Eligibility Requirements correct answers Able to read, write, and understand English Real Estate Broker Practice correct answers May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lot...
Chinese drywall is a problem because: correct answers defective material that emitted sulfurous gases and volatile chemicals. The Real Estate Board correct answers In the District of Columbia, the real estate license law is administered by By the Mayor correct answers How are the members of th...
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Add to cartChinese drywall is a problem because: correct answers defective material that emitted sulfurous gases and volatile chemicals. The Real Estate Board correct answers In the District of Columbia, the real estate license law is administered by By the Mayor correct answers How are the members of th...
District of Columbia Licensure Act was enacted by? correct answers The City Council as an exercise of the police powers of the city. The Purpose of the DC Licensure Act is? correct answers To protect the public interest against incompetence. In addition to the usual definition, Real Estate in ...
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Add to cartDistrict of Columbia Licensure Act was enacted by? correct answers The City Council as an exercise of the police powers of the city. The Purpose of the DC Licensure Act is? correct answers To protect the public interest against incompetence. In addition to the usual definition, Real Estate in ...
Minimum and Maximum Balance of the Guaranty & Education Fund correct answers $1,040,000 $5,000,000 The certificate filed with the Real Estate Commission to license a real estate partnership must contain all of the following correct answers The names of the partners, The residence address of all...
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Add to cartMinimum and Maximum Balance of the Guaranty & Education Fund correct answers $1,040,000 $5,000,000 The certificate filed with the Real Estate Commission to license a real estate partnership must contain all of the following correct answers The names of the partners, The residence address of all...
Based on DC's statutory reasons for eviction, for which of the following reasons can Don's landlord evict him from the house that Don rents? correct answers Don's landlord sold the house to Jeanette, who intends to live in it. What is a primary factor a lender reviews when determining if a bor...
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Add to cartBased on DC's statutory reasons for eviction, for which of the following reasons can Don's landlord evict him from the house that Don rents? correct answers Don's landlord sold the house to Jeanette, who intends to live in it. What is a primary factor a lender reviews when determining if a bor...
Purpose of the DC Real Estate Commission correct answers To protect the public from incompetent and fraudulent practices Commission Members correct answers 9 members. 3 real estate brokers. 2 salespersons. 2 Property Managers. 1 attorney. 1 consumer member. Commission terms correct answer...
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Add to cartPurpose of the DC Real Estate Commission correct answers To protect the public from incompetent and fraudulent practices Commission Members correct answers 9 members. 3 real estate brokers. 2 salespersons. 2 Property Managers. 1 attorney. 1 consumer member. Commission terms correct answer...
How many hours does a licensee have to complete every two year? correct answers 15 hours Complainants who wish to may bypass HUD and file a civil suit in a federal district court have to do so in what time period? correct answers Complainants have one year of the alleged violation. If a complaint...
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Add to cartHow many hours does a licensee have to complete every two year? correct answers 15 hours Complainants who wish to may bypass HUD and file a civil suit in a federal district court have to do so in what time period? correct answers Complainants have one year of the alleged violation. If a complaint...
Relationship of parties correct answers When a dispute occurs, courts tend to favor tenants and buyers over landlords and sellers. What does obtaining a survey do correct answers Obtaining a survey will clearly define the property and its boundaries and will reveal any potential issues related to...
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Add to cartRelationship of parties correct answers When a dispute occurs, courts tend to favor tenants and buyers over landlords and sellers. What does obtaining a survey do correct answers Obtaining a survey will clearly define the property and its boundaries and will reveal any potential issues related to...
Real estate law in DC is created by___________and enforced by_____________ correct answers City Council; DC Real Estate Commission The DC Real Estate Commission is part of the________________________ correct answers DC Department of Consumer and Regulatory Affairs DCREC... correct answers crea...
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Add to cartReal estate law in DC is created by___________and enforced by_____________ correct answers City Council; DC Real Estate Commission The DC Real Estate Commission is part of the________________________ correct answers DC Department of Consumer and Regulatory Affairs DCREC... correct answers crea...
Law correct answers is the body of rules and principles that every member of society must follow. It is a collection of norms and rules that allow, mandate, or forbid conduct by both people and organizations. The system is designed to promote safety, equity, equality, and the general welfare of ...
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Add to cartLaw correct answers is the body of rules and principles that every member of society must follow. It is a collection of norms and rules that allow, mandate, or forbid conduct by both people and organizations. The system is designed to promote safety, equity, equality, and the general welfare of ...
Online disclosures must include: correct answers Firm's licensed name, city/state of main office, jurisdiction(s) in which the firm holds a license. Commission related violations may be subject to disciplinary action and fines up to ____ per violation. correct answers $2,500 Electronic docume...
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Add to cartOnline disclosures must include: correct answers Firm's licensed name, city/state of main office, jurisdiction(s) in which the firm holds a license. Commission related violations may be subject to disciplinary action and fines up to ____ per violation. correct answers $2,500 Electronic docume...
In addition to disciplinary sanctions imposed by the DC Real Estate Commission, licensees may face a(n) ________ if the attorney general files for one in superior court. correct answers Injunction How often do DC real estate licensees contribute to the Guaranty and Education Fund? correct answers...
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Add to cartIn addition to disciplinary sanctions imposed by the DC Real Estate Commission, licensees may face a(n) ________ if the attorney general files for one in superior court. correct answers Injunction How often do DC real estate licensees contribute to the Guaranty and Education Fund? correct answers...
Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners correct answers The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbo...
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Add to cartWho appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners correct answers The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbo...
DC Real Estate Law is created by correct answers The City Council and is enforced by the DCREC Commission consists of how many members? correct answers 9 members Commission members are appointed by the? correct answers Mayor with the advice and consent of the DC City Council Goal of the Com...
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Add to cartDC Real Estate Law is created by correct answers The City Council and is enforced by the DCREC Commission consists of how many members? correct answers 9 members Commission members are appointed by the? correct answers Mayor with the advice and consent of the DC City Council Goal of the Com...
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? correct answers 5 years which entity provides budget and resource support to the DC real est...
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Add to cartTrina 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? correct answers 5 years which entity provides budget and resource support to the DC real est...
The DC commission can impose civil fines for license law violations. Each violation may garner a fine up to ______. correct answers $5,000 Joan began a court case against a DC licensee who misrepresented a property, resulting in a financial loss for Joan. At this point, does Joan need to make any...
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Add to cartThe DC commission can impose civil fines for license law violations. Each violation may garner a fine up to ______. correct answers $5,000 Joan began a court case against a DC licensee who misrepresented a property, resulting in a financial loss for Joan. At this point, does Joan need to make any...
Property Manager Eligibility Requirements correct answers Able to read, write, and understand English Real Estate Broker Practice correct answers May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lot...
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Add to cartProperty Manager Eligibility Requirements correct answers Able to read, write, and understand English Real Estate Broker Practice correct answers May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lot...
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