DC Real Estate Exam | Certified Exam Questions & Verified Answers | 2026 | 2027 (Rated A)

DC Real Estate Exam | Certified Exam Questions & Verified Answers | 2026 | 2027 (Rated A) Quiz_________________? $2,500 $2,500 and 1 year in prison $5,000 per violation 30 and 60 days $3,000 and 1 year in prison - ANSWER Violation of code of ethics how much per violation? If convicted by superior court? Corporations fined what? Hearing must be scheduled between Files false document with mayor? Quiz_________________? $50,000 20 percent $50 - ANSWER Guaranty Fund maximum payout How much of fund committed to continuing education Each member pays if falls below? Quiz_________________? $500-$5000 and imprisonment - ANSWER Fine for discriminatory acts Quiz_________________? 1 year - ANSWER Must take DC test within....of completing education Quiz_________________? 1 year or 10,000, second offense 25,000 - ANSWER Violation of DC Code, second offense? Quiz_________________? 1,040,000 3,500,000 - ANSWER Minimum and Maximum Balance of Guarantee and Education Fund Quiz_________________? 14 days of opening account - ANSWER Brokers must provide DREC with name and address of financial institution etc. within (for escrow account) Quiz_________________? 15 days 15 days 15 days - ANSWER Have to tell commission of criminal judgment within? Broker has to return terminated license within? Change of business address? Quiz_________________? 15 days, and return licenses to get new ones - ANSWER If broker changes location how long to notify mayor? Quiz_________________? 15 hours every 2 years (9 are required topics) - ANSWER How much CE during how many years Quiz_________________? 2 times number of bedrooms plus 1 48 hours 45 days - ANSWER Maximum occupancy calculation Lessor must inspect within how many hours of vacancy? How long to return security deposit? Quiz_________________? 24 hours - ANSWER Exclusive right o sell and exclusive agency must be entered into MRIS system within Quiz_________________? 295 61.50 170 Application fee + 50 - ANSWER Application fee Exam fee Renewal Fee Reinstatement of expired Quiz_________________? 3 years 5 years - ANSWER To get DC license you must have no suspensions within? No fraud convictions within? Quiz_________________? 3 years - ANSWER Keep records for how long? Quiz_________________? 30 days 90 days 180 days - ANSWER How many days eviction for? Month to month tenants When owner wants to recover unit for self or to sell For substation renovation or rehab? Building being demolished Quiz_________________? 30 days - ANSWER If license does not pay guaranty fund assessment, how many days before license suspended? Quiz_________________? 5 10% 30 days - ANSWER Landlords are subject to rent stabilization that own more than how many rental units in DC? Maximum year rent increase? How many days notice to raise? Quiz_________________? 5 - ANSWER Can keep license on inactive for how many years