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Exam (elaborations)

DC REAL ESTATE EXAM NEWLY UPDATED 2026 EXAM PREP WITH AUTHENTIC A+ ANSWERS, COMPLETE SOLUTIONS, AND GUARANTEED PERFORMANCE

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DC REAL ESTATE EXAM NEWLY UPDATED 2026 EXAM PREP WITH AUTHENTIC A+ ANSWERS, COMPLETE SOLUTIONS, AND GUARANTEED PERFORMANCE

Institution
DISTRICT OF COLUMBIA RULES & REGULATIONS
Course
DISTRICT OF COLUMBIA RULES & REGULATIONS









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Institution
DISTRICT OF COLUMBIA RULES & REGULATIONS
Course
DISTRICT OF COLUMBIA RULES & REGULATIONS

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Uploaded on
January 1, 2026
Number of pages
6
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • how many members in drec

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DC REAL ESTATE EXAM NEWLY
UPDATED 2026 EXAM PREP WITH
AUTHENTIC A+ ANSWERS, COMPLETE
SOLUTIONS, AND GUARANTEED
PERFORMANCE
Real estate law in DC is created by... - Answer
✔✔ City Council


How many members in DREC?
Terms run? - Answer
✔✔ 9 members (3 brokers, 2 salespersons, 2 property managers, 1 attorney, 1
consumer not in the real estate profession)—must be in the field for 5 years
3 years (max 3 consecutive terms)


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


Salespersons must activate their license within... - Answer
✔✔ 6 months of passing


Can keep license inactive for how many years - Answer
✔✔ 5 years


How much CE during how many years - Answer
✔✔ 15 hours every 2 years (9 hours are required topics)

, License for salespeople expire when - Answer
✔✔ August 31st in odd years


If the buyer wants a real estate professional to act as his or her agent without
monetary obligations to the 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?
Change of business address? -ANSWER✔✔15 days
15 days
15 days

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