DC State Portion EXAM STUDY GUIDE
2026/2027 COMPLETE QUESTIONS
WITH VERIFIED CORRECT ANSWERS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Who appoints members of the DC Real Estate Commission?
The commission executive director
The DC Council chairperson
The mayor
The outgoing commissioners - ANSWER ✔ The mayor
2. Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a
strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants
her to make an offer on the property on his behalf. Jersey considers her
personal interest in the property too minor to bother disclosing it. Is this a
violation of DC law?
No. Jersey must disclose that the buyer is her neighbor, but she doesn't need
to disclose her interest in the property.
, No. Jersey need not disclose unless she holds at least a 10% interest in a
property.
No. Jersey need not disclose unless she holds at least a 15% interest in a
property.
Yes. Jersey must disclose any interest she holds in a property. - ANSWER ✔
Yes. Jersey must disclose any interest she holds in a property.
3. Jess is selling her condo unit in DC. Within how many days of purchase
contract ratification must she provide the condo documents stated in the
condo seller disclosure/resale addendum?
10 business days
30 business days
The condo association must provide these documents, not Jess.
Three business days - ANSWER ✔ 10 business days
4. Broker licensees in DC are required to have ______, which allows them to
supervise salespersons and manage a brokerage on a day-to-day basis.
10 years' experience as a salesperson
, Additional education and experience
A master's degree
A nomination from the mayor - ANSWER ✔ Additional education and
experience
5. act that prohibits certain types of electronic communciation - ANSWER ✔
CAN-SPAM
6. an indeterminate amount of commission dependent on the sales price -
ANSWER ✔ net listing
7. leasehold that lasts for a defined period of time and automatically terminates
when that period ends - ANSWER ✔ estate for years
8. there are many advantages to holding property within a trust. one of the most
important advantages is that some trusts________ - ANSWER ✔ avoid
probate
9. categories of adjustment (5 in order) - ANSWER ✔ 1. financial terms and
cash equivalency
2. conditions of sale
3. market conditions at the time of contract and closing
4. location
5. physical characteristics
, 10.used to create, verify, or correct a legal description - ANSWER ✔ survey
11.a defect on title that can be monetary or physical - ANSWER ✔
encumbrance
12.datums and benchmarks are used for ________ - ANSWER ✔ measuring
elevations
13.a minimum down payment of 3.5% is required - ANSWER ✔ FHA loan
14.which of the following statements about the number of contingencies in a
sales contract is true? - ANSWER ✔ more contingencies makes buyer less
likely to accept offer
15.closing disclosure not required - ANSWER ✔ HELOC
16.each legal description in the rectangular government system originates at... -
ANSWER ✔ the intersection of a principal meridian and a baseline
17.permits comparison shopping for loans - ANSWER ✔ the loan estimate
18.a property that is being sold by the lender due to the buyer's default -
ANSWER ✔ foreclousre
2026/2027 COMPLETE QUESTIONS
WITH VERIFIED CORRECT ANSWERS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Who appoints members of the DC Real Estate Commission?
The commission executive director
The DC Council chairperson
The mayor
The outgoing commissioners - ANSWER ✔ The mayor
2. Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a
strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants
her to make an offer on the property on his behalf. Jersey considers her
personal interest in the property too minor to bother disclosing it. Is this a
violation of DC law?
No. Jersey must disclose that the buyer is her neighbor, but she doesn't need
to disclose her interest in the property.
, No. Jersey need not disclose unless she holds at least a 10% interest in a
property.
No. Jersey need not disclose unless she holds at least a 15% interest in a
property.
Yes. Jersey must disclose any interest she holds in a property. - ANSWER ✔
Yes. Jersey must disclose any interest she holds in a property.
3. Jess is selling her condo unit in DC. Within how many days of purchase
contract ratification must she provide the condo documents stated in the
condo seller disclosure/resale addendum?
10 business days
30 business days
The condo association must provide these documents, not Jess.
Three business days - ANSWER ✔ 10 business days
4. Broker licensees in DC are required to have ______, which allows them to
supervise salespersons and manage a brokerage on a day-to-day basis.
10 years' experience as a salesperson
, Additional education and experience
A master's degree
A nomination from the mayor - ANSWER ✔ Additional education and
experience
5. act that prohibits certain types of electronic communciation - ANSWER ✔
CAN-SPAM
6. an indeterminate amount of commission dependent on the sales price -
ANSWER ✔ net listing
7. leasehold that lasts for a defined period of time and automatically terminates
when that period ends - ANSWER ✔ estate for years
8. there are many advantages to holding property within a trust. one of the most
important advantages is that some trusts________ - ANSWER ✔ avoid
probate
9. categories of adjustment (5 in order) - ANSWER ✔ 1. financial terms and
cash equivalency
2. conditions of sale
3. market conditions at the time of contract and closing
4. location
5. physical characteristics
, 10.used to create, verify, or correct a legal description - ANSWER ✔ survey
11.a defect on title that can be monetary or physical - ANSWER ✔
encumbrance
12.datums and benchmarks are used for ________ - ANSWER ✔ measuring
elevations
13.a minimum down payment of 3.5% is required - ANSWER ✔ FHA loan
14.which of the following statements about the number of contingencies in a
sales contract is true? - ANSWER ✔ more contingencies makes buyer less
likely to accept offer
15.closing disclosure not required - ANSWER ✔ HELOC
16.each legal description in the rectangular government system originates at... -
ANSWER ✔ the intersection of a principal meridian and a baseline
17.permits comparison shopping for loans - ANSWER ✔ the loan estimate
18.a property that is being sold by the lender due to the buyer's default -
ANSWER ✔ foreclousre
