2026-2027 Actual Complete Real Exam Questions And
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The DC Real Estate Commission is overseeing a hearing for
licensee Doug Jones, who was accused of mishandling both
client and broker funds. The complainants are also talking to
the DA about possible criminal charges. Civil fines are one
thing, but if Doug is found guilty in a criminal proceeding, what
maximum fine might he face?
$10,000
$15,000
$25,000
$5,000
(Criminal convictions may lead to a fine of up to $10,000, as well
as up to a year
in prison.) - ANSWER-
$10,000
,Theodore was showing his buyer clients some homes in DC
after he'd had lunch with a colleague. He was clearly under the
influence of alcohol, and his clients were concerned and angry.
They filed a complaint with the commission. Providing services
while impaired is a very serious offense, so it's a good chance
that Theodore will receive a ________ as a sanction.
Censure
Fine
Reprimand
Revocation - ANSWER-Revocation
Five consumers won a judgment against a DC licensee for a
total of $55,000. The consumers applied to the guaranty fund,
and they discovered that they won't each receive full payment
since the fund liability is limited to $50,000 per licensee. How
will they be paid?
When losses exceed the liability, consumers are paid in a ratio
proportional to
their
losses.
When losses exceed the liability, consumers are paid on a
first-come, first-
,served
basis.
When losses exceed the liability, the claims are held until a
later date so that
the fund can
grow.
When losses exceed the liability, the fund requires the licensee
to take out a personal loan to make up the difference. -
ANSWER-When losses exceed the liability, consumers are paid
in a ratio proportional to their losses.
DC licensees ______ a commission without a written listing
agreement.
Can be paid
Can't be paid
Can't be promised
Can't discuss - ANSWER-Can't be paid
Saundra is creating a Facebook page to market her listings.
DC license law
requires that she link to what from the
Facebook post?
, A brokerage disclosure
A copy of her license
The brokerage website
The commission website - ANSWER-A brokerage disclosure
Brenna is a broker who wants to purchase a new house in DC
and give it to her
elderly mother. Which of the following
statements is true?
She may not buy and sell property for herself because she's a
licensee.
She must be represented by another broker in any
personal purchase of
property.
She must disclose her licensed status to any seller whose
property she'd like to
make an offer
on.