DC Real Estate Exam Practice Test Questions with correct answers.

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? correct answers 5 years which entity provides budget and resource support to the DC real estate commission? correct answers department of consumer and regulatory affairs 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 _______ correct answers retraining 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? correct answers the buyer who emailed him about the property Which protected classes does DC's Human Rights Act add to those already protected under the federal fair housing act? correct answers age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, and political affiliation The DC Real Estate Commission is under the administrative oversight of__________ correct answers The National Association of REALTORS Who else can file a fair housing complaint? correct answers attorney general Licensees must complete ______ hours of continuing education every two years correct answers 15 What is the current per-licensee maximum that can be collected from the DC Real Estate Guaranty and Education Fund? correct answers $50,000 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 responsibilities? correct answers Tenants have 7 days after the offer of the sale to request more information; Margaret has 7 days to comply. The tenant organization has 15 days to file a statement of interest; Carl has 7 days after that to file an individual petition 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? correct answers 30 days (bc tenant org already exists; if one doesn't exist it is 45 days) mixing earnest money with personal funds correct answers commingling How long must property owners or property managers keep a copy of a signed DC lead disclosure form? correct answers 6 years