Questions and Answers
1.Trina applied for inactive status for her DC broker's license when her
son was diagnosed with leukemia four years ago. How long does she have
to reactivate her license from the time it was made inactive?
Answer 5 years
2.which entity provides budget and resource support to the DC real
estate commission?
Answer department of consumer and regulatory affairs
3.colin was found guilty of a minor violation of dc license law. the
commission decided that Colin needed remediation, which in this case likely
includes
Answer retraining
4.several buyers attended Neil's open house last weekend. He made the
DC seller's disclosure statement available, but there is one person for
whom he was legally required to provide it. Who would that be?
Answer the buyer who emailed him about the property
5.Which protected classes does DC's Human Rights Act add to those
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,already protected under the federal fair housing act?
Answer age, marital status, personal ap- pearance, sexual orientation,
gender identity or expression, family responsibilities, matriculation, and
political affiliation
6.The DC Real Estate Commission is under the administrative
oversight of
Answer The National Association of REALTORS
7.Who else can file a fair housing complaint?
Answer attorney general
8.Licensees must complete hours of continuing education every
two years
Answer 15
9.What is the current per-licensee maximum that can be collected from the
DC Real Estate Guaranty and Education Fund?
Answer $50,000
10.Carl lives in a 3 unit DC rental property owned by Margaret. Which of
these is the most inclusive statement about Carl's petition rights and
responsibili- ties?
Answer Tenants have 7 days after the offer of the sale to request more
information; Margaret has 7 days to comply. The tenant organization
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, has 15 days to file a statement of interest; Carl has 7 days after that to
file an individual petition
11.Simon is selling a 10 unit property. Within how many days from the offer
of sale must the tenants provide Simon with a statement of interest to
purchase if a tenant organization already exists?
Answer 30 days (bc tenant org already exists; if one doesn't exist it is
45 days)
12.mixing earnest money with personal funds
Answer commingling
13.How long must property owners or property managers keep a copy of
a signed DC lead disclosure form?
Answer 6 years
14.salesperson license renewal date
Answer august 31
15.broker license renewal date
Answer february 28
16.What is this an example of Herve withdrew funds from the trust account
to pay the brokerage's rent
Answer conversion
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