DC EXAM PREP PART 2 ULTIMATE
2026 EXAM PREP WITH PROVEN A+
SOLUTIONS, COMPLETE ANSWERS,
AND GUARANTEED RESULTS
How long are real estate licenses valid in the District of Columbia?
a. are valid for a maximum of two years
b. do not need to be renewed unless previously revoked
c. expire annually on April 30
d. expire biannually on February 28
✔✔ A
Explanation:
In the District of Columbia, all real estate licenses are valid for a maximum of two
years before needing to be renewed.
What is the expiration date for a salesperson’s license in the District of
Columbia?
a. January 31 of every even-numbered year
b. August 31 of each odd-numbered year
c. October 31 of each odd-numbered year
d. Every other anniversary date of the individual salesperson's license
✔✔ B
Explanation:
In D.C., every salesperson’s license expires on August 31 of each odd-numbered
year.
,A person must be licensed as a real estate broker or salesperson if that person is
a. Selling her house
b. Buying a house for her personal use
c. Engaging in the real estate business
d. Constructing a house for personal use
C. Anyone engaging in the real estate business must have a license. Property
owners who rent, sell, buy, or construct property for themselves are exempt from
licensing requirements.
A licensed broker procures a ready, willing, and able buyer for his or her seller-
client. The seller first accepts the buyer's offer in writing then experiences a change
of heart and withdraws the original acceptance. In this situation, the broker
a. is entitled to collect a commission.
b. is out of luck because the transaction was never completed.
c. may sue the buyer.
d. may retain the deposit as commission.
A. The broker earned the commission because the seller accepted the offer. The
deposit must be returned to the buyer, and the broker cannot take his or her
commission from it.
, A real estate company has entered into agency agreements with both a seller and a
buyer. The buyer is interested in making an offer on the seller's property. Can this
occur?
a. No, the real estate company would then be a dual agent
b. Yes, as long as written agency agreements have been entered into with both
parties
c. Yes, if the seller has agreed to pay the commission
d. Yes, if both the buyer and the seller give their consent to dual agency
D. If both parties agree in writing, on the government mandated forms, then the
brokerage can represent both parties. Agency is about relationships and
representation; how the agent is paid is a separate issue.
The listing agreement with a seller has expired and the seller lists with a different
brokerage firm. The original listing agent now has a buyer interested in the seller's
property. The original listing agent
a. is a dual agent.
b. cannot disclose to the buyer offers received on the seller's property while it was
listed with him.
c. cannot disclose to the buyer information about the physical condition of the
property.
d. cannot represent the buyer.
B. The original listing agent is now free to represent the buyer because the original
agent no longer has an agency relationship with the seller. Confidential
information, however, must remain confidential forever. Agents must always
disclose information about the physical condition of the property.
2026 EXAM PREP WITH PROVEN A+
SOLUTIONS, COMPLETE ANSWERS,
AND GUARANTEED RESULTS
How long are real estate licenses valid in the District of Columbia?
a. are valid for a maximum of two years
b. do not need to be renewed unless previously revoked
c. expire annually on April 30
d. expire biannually on February 28
✔✔ A
Explanation:
In the District of Columbia, all real estate licenses are valid for a maximum of two
years before needing to be renewed.
What is the expiration date for a salesperson’s license in the District of
Columbia?
a. January 31 of every even-numbered year
b. August 31 of each odd-numbered year
c. October 31 of each odd-numbered year
d. Every other anniversary date of the individual salesperson's license
✔✔ B
Explanation:
In D.C., every salesperson’s license expires on August 31 of each odd-numbered
year.
,A person must be licensed as a real estate broker or salesperson if that person is
a. Selling her house
b. Buying a house for her personal use
c. Engaging in the real estate business
d. Constructing a house for personal use
C. Anyone engaging in the real estate business must have a license. Property
owners who rent, sell, buy, or construct property for themselves are exempt from
licensing requirements.
A licensed broker procures a ready, willing, and able buyer for his or her seller-
client. The seller first accepts the buyer's offer in writing then experiences a change
of heart and withdraws the original acceptance. In this situation, the broker
a. is entitled to collect a commission.
b. is out of luck because the transaction was never completed.
c. may sue the buyer.
d. may retain the deposit as commission.
A. The broker earned the commission because the seller accepted the offer. The
deposit must be returned to the buyer, and the broker cannot take his or her
commission from it.
, A real estate company has entered into agency agreements with both a seller and a
buyer. The buyer is interested in making an offer on the seller's property. Can this
occur?
a. No, the real estate company would then be a dual agent
b. Yes, as long as written agency agreements have been entered into with both
parties
c. Yes, if the seller has agreed to pay the commission
d. Yes, if both the buyer and the seller give their consent to dual agency
D. If both parties agree in writing, on the government mandated forms, then the
brokerage can represent both parties. Agency is about relationships and
representation; how the agent is paid is a separate issue.
The listing agreement with a seller has expired and the seller lists with a different
brokerage firm. The original listing agent now has a buyer interested in the seller's
property. The original listing agent
a. is a dual agent.
b. cannot disclose to the buyer offers received on the seller's property while it was
listed with him.
c. cannot disclose to the buyer information about the physical condition of the
property.
d. cannot represent the buyer.
B. The original listing agent is now free to represent the buyer because the original
agent no longer has an agency relationship with the seller. Confidential
information, however, must remain confidential forever. Agents must always
disclose information about the physical condition of the property.
