DC STATE PORTION EXAM
Questions and Answers
1.Who appoints members of the DC Real Estate Commission?
The commission executive director
The DC Council chairperson
The mayor
The outgoing commissioners
Answer The mayor
2.Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a
strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants
her to make an offer on the property on his behalf. Jersey considers her
personal interest in the property too minor to bother disclosing it. Is this a
violation of DC law?
No. Jersey must disclose that the buyer is her neighbor, but she doesn't
need to disclose her interest in the property.
No. Jersey need not disclose unless she holds at least a 10% interest in a
property.
No. Jersey need not disclose unless she holds at least a 15% interest in a
1/
115
,property.
Yes. Jersey must disclose any interest she holds in a property.
Answer Yes. Jersey must disclose any interest she holds in a property.
3.Colin was found guilty of a minor violation of DC license law. The commis-
sion decided that Colin needed remediation, which in this case likely
includes
.
Fines
Probation
Retraining
Suspension
Answer Retraining
4.Phyllis has been working independently as a DC broker for six years
and recently decided that she no longer wants to deal with the paperwork
or
insurance requirements. She's going to work as an associate broker for a
colleague. What should she do next?
Call the real estate commission secretary
Courier a transfer application to the real estate commission
Notify the commission via a letter sent by certified mail
2/
115
,Submit a transfer application to the Division of Business and Professional
Licensing
Answer Notify the commission via a letter sent by certified mail
5.Which protected classes does DC's Human Rights Act add to those
already protected under the federal Fair Housing Act?
Age, marital status, personal appearance, sexual orientation, and gender iden-
tity or expression
Age, marital status, personal appearance, sexual orientation, gender identity
or expression, family responsibilities, matriculation, and political affiliation
Age, sex, marital status, disability
Sex, disability, and religion
Answer Age, marital status, personal appearance, sexual orientation,
gender identity or expression, family responsibilities, matriculation, and
political affiliation
6.Which of these statutory duties of DC real estate licensees is included
under the broader duty of promoting the client's best interests?
Comply with all fair housing laws and regulations.
Disclose any material facts.
Seek out the best terms for one's client.
3/
115
, Treat all parties honestly.
Answer Seek out the best terms for one's client.
7.Dennis was surprised to learn that the DC Real Estate Commission isn't a
completely independent body, but is instead under the administrative over-
sight of .
The Better Business Bureau
The DC Council
The DC mayor
The National Association of REALTORS®
Answer The DC mayor
8.Serena is accused of commingling trust funds from two different clients.
She has a hearing before the DC Real Estate Commission next week. If she
is found guilty of two separate license law violations, what is the maximum
civil penalty that can be imposed on her?
$10,000 fine
$20,000 fine
$5,000 fine
No fine
Answer $10,000 fine
4/
115
Questions and Answers
1.Who appoints members of the DC Real Estate Commission?
The commission executive director
The DC Council chairperson
The mayor
The outgoing commissioners
Answer The mayor
2.Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a
strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants
her to make an offer on the property on his behalf. Jersey considers her
personal interest in the property too minor to bother disclosing it. Is this a
violation of DC law?
No. Jersey must disclose that the buyer is her neighbor, but she doesn't
need to disclose her interest in the property.
No. Jersey need not disclose unless she holds at least a 10% interest in a
property.
No. Jersey need not disclose unless she holds at least a 15% interest in a
1/
115
,property.
Yes. Jersey must disclose any interest she holds in a property.
Answer Yes. Jersey must disclose any interest she holds in a property.
3.Colin was found guilty of a minor violation of DC license law. The commis-
sion decided that Colin needed remediation, which in this case likely
includes
.
Fines
Probation
Retraining
Suspension
Answer Retraining
4.Phyllis has been working independently as a DC broker for six years
and recently decided that she no longer wants to deal with the paperwork
or
insurance requirements. She's going to work as an associate broker for a
colleague. What should she do next?
Call the real estate commission secretary
Courier a transfer application to the real estate commission
Notify the commission via a letter sent by certified mail
2/
115
,Submit a transfer application to the Division of Business and Professional
Licensing
Answer Notify the commission via a letter sent by certified mail
5.Which protected classes does DC's Human Rights Act add to those
already protected under the federal Fair Housing Act?
Age, marital status, personal appearance, sexual orientation, and gender iden-
tity or expression
Age, marital status, personal appearance, sexual orientation, gender identity
or expression, family responsibilities, matriculation, and political affiliation
Age, sex, marital status, disability
Sex, disability, and religion
Answer Age, marital status, personal appearance, sexual orientation,
gender identity or expression, family responsibilities, matriculation, and
political affiliation
6.Which of these statutory duties of DC real estate licensees is included
under the broader duty of promoting the client's best interests?
Comply with all fair housing laws and regulations.
Disclose any material facts.
Seek out the best terms for one's client.
3/
115
, Treat all parties honestly.
Answer Seek out the best terms for one's client.
7.Dennis was surprised to learn that the DC Real Estate Commission isn't a
completely independent body, but is instead under the administrative over-
sight of .
The Better Business Bureau
The DC Council
The DC mayor
The National Association of REALTORS®
Answer The DC mayor
8.Serena is accused of commingling trust funds from two different clients.
She has a hearing before the DC Real Estate Commission next week. If she
is found guilty of two separate license law violations, what is the maximum
civil penalty that can be imposed on her?
$10,000 fine
$20,000 fine
$5,000 fine
No fine
Answer $10,000 fine
4/
115
