DC Real estate exam 2.1 || 100%correct answers.

Based on DC's statutory reasons for eviction, for which of the following reasons can Don's landlord evict him from the house that Don rents? correct answers Don's landlord sold the house to Jeanette, who intends to live in it. What is a primary factor a lender reviews when determining if a borrower is a good credit risk? correct answers Buyer's income A DC licensee whose license has been inactive may reinstate the license if certain conditions have been met. Reinstatement must be requested within five years, must be accompanied by a fee, and the licensee must provide ________. correct answers Proof that continuing education requirements have been met Zoning regulations must be aligned with an area's ______. correct answers Comprehensive plan Mario doesn't want to include a religious preference in his listing ad, so which of the following phrases should he use? correct answers Apartment available for members of attached temple Jamal is a real estate licensee. What's his responsibility regarding household lead hazards? correct answers He must remind the sellers to disclose the possible presence of lead-based paint to a buyer if the home was built prior to 1978. Appraiser Niles uses ______ to determine a range of values based on comparing a subject property to comparable sales. He makes sure to use some comparables that lack features of his subject property, and others that have even more desirable features, to balance out the comparison. correct answers Bracketing Which of the following can indicate drainage problems? correct answers Water that pools after a heavy rain and is present more than 24 hours later What is a legal description? correct answers A description of the land that specifies the boundaries and location of a specific piece of real property Which document is provided to borrowers no fewer than three days prior to closing and provides details about the costs of the transaction? correct answers Closing Disclosure When it comes to paying or receiving compensation or commission in DC, which of the following statements is true? correct answers No brokerage activity-related compensation may be paid to an unlicensed person. Which of the following is true about title to a property? correct answers Constructive notice to the public of interest in a parcel of real estate occurs when the deed is recorded and physical possession of the property is taken. Rhonda is interested in putting money toward a timeshare estate, which would allow her to use a condominium for two weeks each year. Timeshare estates ______. correct answers Can