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DC LICENSING EXAM – STATE COMPLETE ACTUAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS ALREADY GRADED A+ GUARANTEED PASS

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DC LICENSING EXAM – STATE COMPLETE ACTUAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS ALREADY GRADED A+ GUARANTEED PASS

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DC LICENSING EXAM – STATE COMPLETE
ACTUAL EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS ALREADY
GRADED A+ GUARANTEED PASS

"Jason is the broker of record for Desert Realty which has a main office in Sunburst. Jason is opening a
branch office in Garnet which will be managed by a licensed associate broker named Kendra so that
Jason can continue to work out of the Sunburst office. Which best describes the requirements for
licenses at these offices? - CORRECT ANSWER=> Jason's license must be displayed at the Sunburst and
Garnet offices; Kendra's license must be displayed at the Garnet office"

"Which of these statements about escrow accounts in DC is correct? - CORRECT ANSWER=> Escrow
accounts are managed by escrow agents and are used to hold funds belonging to others, such as earnest
money deposits."

"Viola is a licensee who rents out two condo units. What does she need to disclose to potential tenants?
- CORRECT ANSWER=> she is a licensed real estate professional"

"Which of the following statements best describes the items required in the online disclosure required
on a DC real estate firm-owned web page? - CORRECT ANSWER=> Firm's licensed name, city/state of
main office, jurisdiction in which the firm holds a license"

"Tran, the seller, and Vicki, the buyer, are represented by licensee Martin. Martin provided dual agency
disclosures and received written consent from both Tran and Vicki to represent them both in the
transaction. Which fiduciary duty are Tran and Vicki foregoing? - CORRECT ANSWER=> undivided loyalty"

"DC licensees ______ a commission without a written listing agreement. - CORRECT ANSWER=> can't
be"

"One advantage to using electronic documents and signatures in DC is convenience. Another advantage
is that ______. - CORRECT ANSWER=> Electronic signatures meet DC's requirement for delivery of signed
documents"

"Jaedin has a purple mohawk and more piercings than Earl, a property manager, can count. Disturbed by
this, when Jaedin inquired about a DC apartment vacancy, Earl lied and said the apartment was no


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,longer available. Which protected class is Earl most likely discriminating against? - CORRECT ANSWER=>
personal appearance"

"A DC landlord would like to offer a rental unit for sale. Which of these parties must be given the first
opportunity to purchase the unit? - CORRECT ANSWER=> Current tenants of the unit and building"

"DC licensee Jared assisted a colleague with a complicated transaction. The colleague wants to
compensate Jared to say thank you. What must happen first? - CORRECT ANSWER=> Jared has to get
authorization from his broker."

"DC licensee Jared assisted a colleague with a complicated transaction. The colleague wants to
compensate Jared to say thank you. What must happen first? - CORRECT ANSWER=> Jared has to get
authorization from his broker."

"After Marlin created his ad for a lovely two-bedroom, two-bath condo with views of the National
Monument and several Metro stops in a one-mile radius, he should ______. - CORRECT ANSWER=> Get
his broker's approval"

"Which of the following is an example of conversion? - CORRECT ANSWER=> Herve withdrew funds from
the trust account to pay the brokerage's rent."

"DC transaction records must be retained for ______. - CORRECT ANSWER=> A minimum of three years
from the closing or transaction termination date"

"Simon is selling a 10 unit property. He's made an offer of sale to the tenants of the property, who have
asked for floor plans, rent roll, and other items. Within how many days must Simon provide this
information? - CORRECT ANSWER=> 7 days

Landlords must provide this information within seven days of the request. This is true no matter how
many units are in the property."

"Which of the following is true about the deposit of DC earnest money funds? - CORRECT ANSWER=>
Escrow records must always be available to the commission on demand."

"Ginny represents seller Lou and just learned that her new buyer clients, the Andersons, would like to
buy Lou's property. What does Ginny need to do before preparing an offer? - CORRECT ANSWER=>
Obtain written dual representation consent from Lou and the Andersons."

"In DC, associate brokers are ______. - CORRECT ANSWER=> Brokers who choose to be supervised by
another broker"

"Brokers who choose to be supervised by another broker - CORRECT ANSWER=> It is required under DC
law"



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, "Which of the following persons may file a fair housing complaint on behalf of another? - CORRECT
ANSWER=> attorney general"

"Which of the following is an informal alliance of organizations and individuals that represent DC
historical districts and others that are interested in historic preservation? - CORRECT ANSWER=> The
Historic Districts Coalition is an informal alliance of organizations and individuals that represent DC
historical districts and others that are interested in historic preservation."

"The written agreement with a DC client/customer establishes how the compensation is to be made and
also establishes all the following EXCEPT ________. - CORRECT ANSWER=> salesperson's commission"

"Mary's been a salesperson in DC for two years. She's currently building her own professional website. In
addition to her broker's contact information, what must she include on the site per DC real estate
advertising guidelines? - CORRECT ANSWER=> An online disclosure

Any online ad, such as her website, popups, or banner bars, much include an online disclosure or link to
it. Unsolicited email is prohibited."

"Dean's brokerage firm adopted an electronic transaction management system. Which of the following
statements is true about brokerage policies related to the system? - CORRECT ANSWER=> System
permissions are on a need-to-know basis and passwords are required."

"DC escrow agent Norman received the earnest money deposit from his clients Bud and Barbara on
Friday, January 6, the day the offer was accepted. He must deposit the earnest money by the end of
what day? - CORRECT ANSWER=> Friday, January 13"

"A DC real estate licensee is assisting a buyer with a property purchase. What action must the licensee
take immediately after the buyer signs an agreement? - CORRECT ANSWER=> Provide a copy of the
signed agreement to the signing parties"

"Broker Betsy has five salespersons working under her supervision. Whose license must be displayed in
the brokerage office? - CORRECT ANSWER=> Betsy's license must be displayed, as well as the licenses of
the five salespersons"

"Colin wants to file a fair housing discrimination complaint. He decides to bypass HUD and file a civil suit
in a federal district court instead. He must do this within how many days of the alleged violation? -
CORRECT ANSWER=> 1 yr"

"A licensee includes this phrase in a listing: "The solar panels on this home eliminate your electric bill."
The panels reduce the electric bill, but hasn't eliminated it. This is an example of ______. - CORRECT
ANSWER=> Greenwashing




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