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Exam (elaborations)

DC Real Estate Exam Practice Test Questions and Answers

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DC Real Estate Exam Practice Test Questions 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 prov...

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  • November 4, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Real Estate
  • Real Estate
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KaylinHoffman
Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




DC Real Estate Exam Practice Test

Questions 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




Copyright ©Stuvia International BV 2010-2024 Page 1/13

, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024


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




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