DC STATE PORTION EXAM | ACTUAL COMPLETE EXAM 200 QUESTIONS WITH VERIFIED ANSWERS (100% CORRECT ANSWERS) GRADED A+ | LATEST 2026/2027 VERSION.

DC STATE PORTION EXAM | ACTUAL COMPLETE EXAM 200 QUESTIONS WITH VERIFIED ANSWERS (100% CORRECT ANSWERS) GRADED A+ | LATEST 2026/2027 VERSION. "Karen just received her real estate license in DC. She must renew her license on August 31, 2025. What kind of license does Karen have? Associate broker Broker Managing broker Salesperson - CORRECT ANSWER= Salesperson" "What is the current per-licensee maximum that can be collected from the DC Real Estate Guaranty and Education Fund? $20,000 $25,000 $35,000 $50,000 - CORRECT ANSWER= $50,000" "In which of the following scenarios is a DC Seller's Disclosure Statement required? Beth is selling a duplex. Haley is selling a 12-unit midrise apartment building. Jaime is selling a building with three outpatient surgical suites. Mina is selling warehouse facility. - CORRECT ANSWER= Beth is selling a duplex." 2 | P a g e "What administrative office uses planning, protection, and public education to promote stewardship of DC's historic properties? Historic Preservation Office Office of Community Affairs Office of Tax and Revenue Office of the City Administrator - CORRECT ANSWER= Historic Preservation Office" "As a DC licensee, which one of the following questions can Maya answer while providing reasonable skill and care to her clients? Do the wood shavings outside the basement window mean there are termites in the home? Is the mold in the basement the dangerous kind? What are the property taxes for this property? Will an investment in this property lower my income taxes? - CORRECT ANSWER= What are the property taxes for this property?" "Which of the following statements about earnest money in DC is true? Earnest money is rarely the subject of lawsuits against real estate licensees and their brokers. Earnest money must be placed in an escrow account within seven days of receipt. The amount of earnest money is non-negotiable. The seller specifies the amount of earnest money the buyer will deposit and when the deposit will be made. - CORRECT ANSWER= Earnest money must be placed in an escrow account within seven days of receipt." "Broker Betsy has five salespersons working under her supervision. Whose license must be displayed in the brokerage office? Betsy's license must be displayed, as well as the licenses of the five salespersons None are required to be displayed 3 | P a g e Only Betsy's license is required to be displayed; none of the other licenses need to be retained Only the licenses of the five salespersons must be displayed - CORRECT ANSWER= Betsy's license must be displayed, as well as the licenses of the five salespersons" "Reba is selling a three unit property and makes an offer of sale to the tenants. Within how many days must the tenants submit a statement of interest to exercise their right to purchase? 15 days if the tenants are collectively exercising the right, an additional seven days if tenants are acting individually 30 days if the tenants are collectively exercising the right, an additional 15 days if tenants are acting individually 60 days if the tenants are collectively exercising the right, an additional 30 days if tenants are acting individually Seven days if the tenants are collectively exercising the right, an additional seven days if tenants are acting individually - CORRECT ANSWER= 15 days if the tenants are collectively exercising the right, an additional seven days if tenants are acting individually" "Jason is the broker of record for Desert Realty which has a main office in Sunburst. Jason is opening a branch office in Garnet which will be managed by a licensed associate broker named Kendra so that Jason can continue to work out of the Sunburst office. Which best describes the requirements for licenses at these offices? Jason and Kendra's licenses must be displayed at the Garnet office Jason and Kendra's licenses must be displayed at the Sunburst office Jason's license must be displayed at the Sunburst and Garnet offices; Kendra's license must be displayed at the Garnet office Kendra's license must be displayed at the Sunburst office; Jason's license must be displayed at the Garnet office - CORRECT ANSWER= Jason's license must be displayed at the Sunburst and Garnet offices; Kendra's license must be displayed at the Garnet office" "In DC, when is a licensee required to provide the agency disclosure notice? 4 | P a g e At the first substantive discussion about a specific property the licensee has with the party he or she is not representing in the transaction If the licensee is representing the buyer, the disclosure must be given after the purchase offer has been made and accepted. If the licensee is representing the seller, the disclosure must be given once the listing price has been determined. "Jameson is coming up on his real estate license renewal date. How many hours of continuing education must he complete? 10 15 25 30 - CORRECT ANSWER= 15" "Consuela is a real estate licensee, and she has three other licensees working under her supervision. What type of license does Consuela hold? Associate broker Broker Office manager Salesperson - CORRECT ANSWER= Broker" "Mary's been a salesperson in DC for two years. She's currently building her own professional website. In addition to her broker's contact information, what must she include on the site per DC real estate advertising guidelines? A copyright mark An online disclaimer An online disclosure Her brokerage's logo - CORRECT ANSWER= An online disclosure" 5 | P a g e "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?