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DC Exam Questions and Answers (Graded A)
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DC Exam Questions and Answers
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DC Exam Questions and AnswersWhich of the following statements best describes the items required in the online
disclosure required on a DC real estate firm-owned web page?
Firm's licensed name, city/state of main office, city/state of all branch offices, jurisdiction
in which the firm holds a license
Firm's licensed name, city/state of main office, jurisdiction in which the firm holds a
license
Firm's licensed name, city/state of main office, names of all licensees working out of the
main office, jurisdiction in which the firm holds a license
Firm's licensed name, firm's license number, city/state of main office, jurisdiction in
which the firm holds a license - Answer -Firm's licensed name, city/state of main office,
jurisdiction in which the firm holds a license
Jess is selling her condo unit in DC. Within how many days of purchase contract
ratification must she provide the condo documents stated in the condo seller
disclosure/resale addendum?
10 business days
30 business days
The condo association must provide these documents, not Jess.
Three business days - Answer -10 business days
A buyer that Lydia worked with last year filed a complaint regarding her service, and
she's now preparing for a hearing with the DC Real Estate Commission. The
commission could ask her to participate in ______ prior to the hearing.
A civil proceeding
Arbitration
A settlement conference
Mediation - Answer -A settlement conference
The commission may arrange a settlement conference to see if parties can come to a
favorable resolution prior to a formal hearing.
, Who or what entity is responsible for protecting the district's historic, archaeological,
agricultural, and cultural resources by working alongside federal agencies?
State Historic Preservation Office (SHPO)
The attorney general
The District Department of the Environment
The mayor - Answer -State Historic Preservation Office (SHPO)
DC licensee Jenna presented her evidence at a commission hearing held March 19.
How long does the commission have to issue its final decision regarding her case?
30 days
45 days
60 days
90 days - Answer -90 days
Malcolm let his DC real estate license expire four years ago. Now that his daughter is
starting school, he wants to reinstate his license. How much continuing education does
he need to complete in order to reinstate his license?
15 hours
20 hours
30 hours
Five hours - Answer -30 hours
Licensees must complete 15 hours every two years. Since Malcolm's license has been
expired for four years, he needs a total of 30 hours of continuing education.
Real property tax payments in DC are due twice each year. On which dates are the
payments due?
June 15 and December 15
June 30 and December 31
March 31 and September 15
March 31 and September 30 - Answer -March 31 and September 15
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?
A catalog of DC property owners
The DC Inventory of Historic Sites
The Historic Districts Coalition
The National Register for DC - Answer -The DC Inventory of Historic Sites
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