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Exam (elaborations)

DC REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

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DC REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

Institution
DC REAL ESTATE
Course
DC REAL ESTATE









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Institution
DC REAL ESTATE
Course
DC REAL ESTATE

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Uploaded on
July 10, 2025
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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DC REAL ESTATE EXAM 2025
QUESTIONS AND ANSWERS


Real estate law in DC created by... - ....ANSWER ...-City Council


How many members in DREC?


Terms run? - ....ANSWER ...-9 (3 brokers, 2 salespersons, 2 property

managers, 1 attorney, 1 consumer not in real estate profession)--must be in field

for 5 years

3 years (max 3 consecutive terms)


Must take DC test within....of completing education - ....ANSWER ...-1 year


Salespersons must activate license within... - ....ANSWER ...-6 months of

passing


Can keep license on inactive for how many years - ....ANSWER ...-5


How much CE during how many years - ....ANSWER ...-15 hours every 2

years (9 are required topics)




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1

, License for sales people expire when - ....ANSWER ...-August 31st in odd

years

If buyer wants real estate professional to act as his or her agent without monetary

obligations to seller, must use this contract - ....ANSWER ...-Buyer-Broker

Agreement

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? - ....ANSWER ...-$2,500


$2,500 and 1 year in prison

$5,000 per violation

30 and 60 days

$3,000 and 1 year in prison


Keep records for how long? - ....ANSWER ...-3 years


Have to tell commission of criminal judgment within?

Broker has to return terminated license within?




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2

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