DC REAL ESTATE LAW
DEFINITIONS EXAM 2025
QUESTIONS AND ANSWERS
Property Management - ....ANSWER ...-Includes leasing, renting, managing,
marketing, and overall operation of real estate.
Property Manager - ....ANSWER ...-Agent for real estate owner, paid
commission or fee for property management services.
Resident Manager - ....ANSWER ...-Oversees day-to-day management of
rental real estate cluster under property manager's direction.
Supervision Responsibility - ....ANSWER ...-Property managers ultimately
responsible for day-to-day activities of employees.
Limitations of Property Manager - ....ANSWER ...-Not licensed for property
selling or purchasing activities.
License Requirements for Property Managers - ....ANSWER ...-At least 18,
possess high school diploma or equivalent.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,License Renewal and Education - ....ANSWER ...-Renewal every odd-
numbered year with 15 continuing education credits.
Exemptions from Pre-Licensing Education - ....ANSWER ...-None for
property manager license exam in DC.
Landlord Responsibilities - ....ANSWER ...-Responsible for interior and
exterior maintenance, including wear and tear repairs.
Tenant Access and Notice - ....ANSWER ...-Landlords must provide
reasonable notice and access, with at least 48 hours' notice for repairs, unless
emergency.
Tenant Complaint Process - ....ANSWER ...-Tenant can file complaint with
DCRA for housing violations, triggering inspection and notice to landlord.
Lease Agreement Requirements - ....ANSWER ...-Landlords must provide
exact, legible copy of signed lease within seven days of execution.
DC Lease Limitations - ....ANSWER ...-Prohibitions: Lease cannot waive
DC housing regulations, landlord liability, tenant rights, or notice of sale offer.
Condominium Ownership - ....ANSWER ...-Ownership of real property
with common area regulations established by bylaws.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Cooperative Ownership - ....ANSWER ...-Involves proprietary lease and
shares in cooperative corporation, not real estate ownership.
Homeowners Association (HOA) - ....ANSWER ...-Maintains property
appearance and enforces rules within jurisdiction.
HOA Powers - ....ANSWER ...-Can place super liens for unpaid dues,
regulate exterior appearances, and enforce rules.
Condominium Association Governance - ....ANSWER ...-May have
executive board, with powers specified in bylaws.
Unit Owners Association Rights - ....ANSWER ...-Entitled to access
association books, records, and financial statements.
Condominium Registration - ....ANSWER ...-New registration application
must include management agreements and relevant contracts.
Reserve Fund Importance - ....ANSWER ...-Maintain 20-25% of association
dues in reserve for emergencies.
Transparency in Association Boards - ....ANSWER ...-Boards sometimes
withhold information from unit owners.
Property Manager Role - ....ANSWER ...-Represents property owner while
ensuring resident satisfaction.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
DEFINITIONS EXAM 2025
QUESTIONS AND ANSWERS
Property Management - ....ANSWER ...-Includes leasing, renting, managing,
marketing, and overall operation of real estate.
Property Manager - ....ANSWER ...-Agent for real estate owner, paid
commission or fee for property management services.
Resident Manager - ....ANSWER ...-Oversees day-to-day management of
rental real estate cluster under property manager's direction.
Supervision Responsibility - ....ANSWER ...-Property managers ultimately
responsible for day-to-day activities of employees.
Limitations of Property Manager - ....ANSWER ...-Not licensed for property
selling or purchasing activities.
License Requirements for Property Managers - ....ANSWER ...-At least 18,
possess high school diploma or equivalent.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,License Renewal and Education - ....ANSWER ...-Renewal every odd-
numbered year with 15 continuing education credits.
Exemptions from Pre-Licensing Education - ....ANSWER ...-None for
property manager license exam in DC.
Landlord Responsibilities - ....ANSWER ...-Responsible for interior and
exterior maintenance, including wear and tear repairs.
Tenant Access and Notice - ....ANSWER ...-Landlords must provide
reasonable notice and access, with at least 48 hours' notice for repairs, unless
emergency.
Tenant Complaint Process - ....ANSWER ...-Tenant can file complaint with
DCRA for housing violations, triggering inspection and notice to landlord.
Lease Agreement Requirements - ....ANSWER ...-Landlords must provide
exact, legible copy of signed lease within seven days of execution.
DC Lease Limitations - ....ANSWER ...-Prohibitions: Lease cannot waive
DC housing regulations, landlord liability, tenant rights, or notice of sale offer.
Condominium Ownership - ....ANSWER ...-Ownership of real property
with common area regulations established by bylaws.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Cooperative Ownership - ....ANSWER ...-Involves proprietary lease and
shares in cooperative corporation, not real estate ownership.
Homeowners Association (HOA) - ....ANSWER ...-Maintains property
appearance and enforces rules within jurisdiction.
HOA Powers - ....ANSWER ...-Can place super liens for unpaid dues,
regulate exterior appearances, and enforce rules.
Condominium Association Governance - ....ANSWER ...-May have
executive board, with powers specified in bylaws.
Unit Owners Association Rights - ....ANSWER ...-Entitled to access
association books, records, and financial statements.
Condominium Registration - ....ANSWER ...-New registration application
must include management agreements and relevant contracts.
Reserve Fund Importance - ....ANSWER ...-Maintain 20-25% of association
dues in reserve for emergencies.
Transparency in Association Boards - ....ANSWER ...-Boards sometimes
withhold information from unit owners.
Property Manager Role - ....ANSWER ...-Represents property owner while
ensuring resident satisfaction.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3