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Dean's brokerage firm adopted an electronic transaction management system. Which of the following statements is true about brokerage policies related to the system? correct answers System permissions are on a need-to-know basis and passwords are required. 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? correct answers An online disclosure Amanda helps her neighbor sell his DC home by assisting with negotiations. She receives no compensation for her assistance. Based on this one transaction, Amanda ______. correct answers Doesn't need a real estate license Licensee Enzo just received a letter from the DC commission with an invoice for $50 for the guaranty and education fund. What must have happened to have triggered this request for funds? correct answers The fund dipped below a minimum balance amount You've listed a DC property, and the most interested buyer happens to be your cousin. What are you required to do next? correct answers Disclose the family relationship to your seller. A buyer that Lydia worked with last year filed a complaint regarding her service, and she's now preparing for a hearing with the DC Real Estate Commission. The commission could ask her to participate in ______ prior to the hearing. correct answers A settlement conference. Who or which entity administers the DC Real Estate Guaranty and Education Fund? correct answers The real estate commission 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? correct answers Jason's license must be displayed at the Sunburst and Garnet offices; Kendra's license must be displayed at the Garnet office A DC agent practices dual agency without informed consent. This is ______. correct answers Illegal Which protected classes does DC's Human Rights Act add to those already protected under the federal Fair Housing Act? correct answers Age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, and political affiliation DC owners Cassandra and Matt want to do some renovations to their historic property. They submitted a permit application to the mayor's office. Who is responsible for actually reviewing their request? correct answers The mayor's agent for historic preservation In DC, which type of licensee must renew their license by February 28 in odd years? correct answers Broker


Información del documento

Subido en
19 de mayo de 2024
Número de páginas
8
Escrito en
2023/2024
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Examen
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$11.79

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