DC LICENSING EXAM QUESTIONS &
ANSWERS (GRDED A+)
The DC commission can impose civil fines for license law violations. Each violation
may garner a fine up to ______. - ANSWERS$5,000
Joan began a court case against a DC licensee who misrepresented a property,
resulting in a financial loss for Joan. At this point, does Joan need to make any
notifications to the mayor? - ANSWERSYes, Joan must notify the mayor within 30
days of the date she began her action
DC licensee Jenna presented her evidence at a commission hearing held March 19.
How long does the commission have to issue its final decision regarding her case? -
ANSWERS90 days
Chester is interested in becoming a real estate licensee in the District of Columbia.
After completing the requirements for obtaining the license for a real estate
salesperson, which agency will administer Chester's license? - ANSWERSDC real
estate commission
In addition to disciplinary sanctions imposed by the DC Real Estate Commission,
licensees may face a(n) ________ if the attorney general files for one in superior
court. - ANSWERSInjunction
How many commissioners serve on the DC Commission on Human Rights? -
ANSWERSThere are 11 commissioners, nominated by the mayor and confirmed by
the city council, on the DC Commission on Human Rights.
Who are the commissioners on the DC Commission on Human Rights appointed by?
- ANSWERSThe mayor
Which one of the following statements about the DC agency disclosure notice is
true? - ANSWERSThe agency disclosure notice is not a contract.
Although required by law, the agency disclosure notice is not a contract, and it does
not create a brokerage relationship. The licensee must provide a written disclosure
to any party the licensee does not represent in the transaction
Who or which entity administers the DC Real Estate Guaranty and Education Fund?
- ANSWERSDCREC
Kunal lost money due to his DC real estate agent's negligence, but he's not a
candidate to submit a claim to the real estate guaranty fund. What's a likely reason
why he's not a candidate? - ANSWERSHis agent is his wife
,You and your client just successfully closed on a home. How long do you have to
keep the agency disclosure notice on file that you collected early on in the
transaction? - ANSWERS3 years
Under certain circumstances, an attorney may perform real estate services without
holding a real estate license. This would be true for an attorney who employs up to
______ salespeople. - ANSWERSZero
Refusing to show apartments, misrepresenting availability, quoting different terms,
and failing to inform persons of color of opportunities to receive more favorable rent
is discrimination based on what protected class? - ANSWERSColor
Online advertising that contains a DC licensee's name must include an online
disclosure. Which option best details the items required to be in this disclosure? -
ANSWERSName of affiliated firm, licensee's office location, jurisdiction in which
license is held
Forrest found out that he pays higher rent for his DC apartment than another tenant
in a same-sized unit, and he thinks it's because he is an African-American male.
Where should Forrest file a complaint? - ANSWERSDC Office of Human Rights
Theodore was showing his buyer clients some homes in DC after he'd had lunch with
a colleague. He was clearly under the influence of alcohol, and his clients were
concerned and angry. They filed a complaint with the commission. Providing
services while impaired is a very serious offense, so it's a good chance that
Theodore will receive a ________ as a sanction. - ANSWERSRevocation
A person performing real estate activities under the judgment or order of a court,
such as a trustee in a bankruptcy, is _______. - ANSWERSRequired to have at least
a salesperson license
Muriel is an endorsement license applicant from Kentucky. Daniel is a reciprocal
license applicant from Maryland. While there are some differences in what they must
submit to become licensed salespersons in DC, they both must submit ________. -
ANSWERSA Letter of Certification showing that their license is in good standing
In DC, which type of licensee must renew their license by February 28 in odd years?
- ANSWERSBroker
Amanda helps her neighbor sell his DC home by assisting with negotiations. She
receives no compensation for her assistance. Based on this one transaction,
Amanda ______. - ANSWERSDoesn't need a real estate license
THERE'S NO COMPENSATION
Carmen is the vice-president of a DC investment firm that wants to start offering real
estate sales services for its clients. Which of the following statements is true about
the firm's submission of a broker license application? - ANSWERSAnyone involved
in providing real estate services needs to hold a DC real estate license.
, If a DC-licensed salesperson decides to quit working for a given broker and look for
other employment, what happens to the salesperson's license? - ANSWERSBroker
returns it to mayor
Nathan assisted with the purchase of a commercial building that will be used as a
community center. He doesn't hold a DC real estate license, yet his actions didn't
violate any license laws. What must be true about Nathan's situation? -
ANSWERSNathan is a public official whose salaried duties include real estate
transactions.
DC law requires licensees to disclose their personal interest before acting on their
own behalf in a real estate transaction. Which of the following must licensee Ben
disclose to a buyer client when writing up an offer? - ANSWERSHe is the seller
DC broker Antonio was thrilled to close on a listing that had been on the market for
six months. He realizes that it was a team effort and would like to compensate
people who helped get it sold. Antonio can share his commission with which of the
following people? - ANSWERSLicensed sales assistant
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? - ANSWERS10 business days
Carla and her clients, Bert and Ina Nowland, have just finished preparing their first
listing agreement. Before they conclude their meeting, what should Carla do? -
ANSWERSObtain the Nowlands' written consent for designated/dual representation.
Shara's friend Sonny was with her when an apartment manager refused to give
Shara, who is South Asian, a rental application. Now Shara has filed a complaint
with the DC Office of Human Rights. Sonny was initially scared to testify but was
reassured when he learned that ________. - ANSWERSDC human rights law
prohibits retaliation against witnesses
How long must property owners or property managers keep a copy of a signed DC
Lead Disclosure Form? - ANSWERSThe signed original DC Lead form must be kept
for six years.
Under what circumstances can DC buyer agency agreements be terminated early? -
ANSWERSBuyers and their agent both agree in writing to end the agreement
Which statement is an example of puffery? - ANSWERS"This condo has the best
view this side of the river!"
A DC licensee is working with a buyer who is making an offer to purchase a property.
What should the licensee do immediately after the buyer signs the offer? -
ANSWERSProvide a copy of the signed offer to the buyer
Copies of signed agreements must immediately be provided to the signing party.
ANSWERS (GRDED A+)
The DC commission can impose civil fines for license law violations. Each violation
may garner a fine up to ______. - ANSWERS$5,000
Joan began a court case against a DC licensee who misrepresented a property,
resulting in a financial loss for Joan. At this point, does Joan need to make any
notifications to the mayor? - ANSWERSYes, Joan must notify the mayor within 30
days of the date she began her action
DC licensee Jenna presented her evidence at a commission hearing held March 19.
How long does the commission have to issue its final decision regarding her case? -
ANSWERS90 days
Chester is interested in becoming a real estate licensee in the District of Columbia.
After completing the requirements for obtaining the license for a real estate
salesperson, which agency will administer Chester's license? - ANSWERSDC real
estate commission
In addition to disciplinary sanctions imposed by the DC Real Estate Commission,
licensees may face a(n) ________ if the attorney general files for one in superior
court. - ANSWERSInjunction
How many commissioners serve on the DC Commission on Human Rights? -
ANSWERSThere are 11 commissioners, nominated by the mayor and confirmed by
the city council, on the DC Commission on Human Rights.
Who are the commissioners on the DC Commission on Human Rights appointed by?
- ANSWERSThe mayor
Which one of the following statements about the DC agency disclosure notice is
true? - ANSWERSThe agency disclosure notice is not a contract.
Although required by law, the agency disclosure notice is not a contract, and it does
not create a brokerage relationship. The licensee must provide a written disclosure
to any party the licensee does not represent in the transaction
Who or which entity administers the DC Real Estate Guaranty and Education Fund?
- ANSWERSDCREC
Kunal lost money due to his DC real estate agent's negligence, but he's not a
candidate to submit a claim to the real estate guaranty fund. What's a likely reason
why he's not a candidate? - ANSWERSHis agent is his wife
,You and your client just successfully closed on a home. How long do you have to
keep the agency disclosure notice on file that you collected early on in the
transaction? - ANSWERS3 years
Under certain circumstances, an attorney may perform real estate services without
holding a real estate license. This would be true for an attorney who employs up to
______ salespeople. - ANSWERSZero
Refusing to show apartments, misrepresenting availability, quoting different terms,
and failing to inform persons of color of opportunities to receive more favorable rent
is discrimination based on what protected class? - ANSWERSColor
Online advertising that contains a DC licensee's name must include an online
disclosure. Which option best details the items required to be in this disclosure? -
ANSWERSName of affiliated firm, licensee's office location, jurisdiction in which
license is held
Forrest found out that he pays higher rent for his DC apartment than another tenant
in a same-sized unit, and he thinks it's because he is an African-American male.
Where should Forrest file a complaint? - ANSWERSDC Office of Human Rights
Theodore was showing his buyer clients some homes in DC after he'd had lunch with
a colleague. He was clearly under the influence of alcohol, and his clients were
concerned and angry. They filed a complaint with the commission. Providing
services while impaired is a very serious offense, so it's a good chance that
Theodore will receive a ________ as a sanction. - ANSWERSRevocation
A person performing real estate activities under the judgment or order of a court,
such as a trustee in a bankruptcy, is _______. - ANSWERSRequired to have at least
a salesperson license
Muriel is an endorsement license applicant from Kentucky. Daniel is a reciprocal
license applicant from Maryland. While there are some differences in what they must
submit to become licensed salespersons in DC, they both must submit ________. -
ANSWERSA Letter of Certification showing that their license is in good standing
In DC, which type of licensee must renew their license by February 28 in odd years?
- ANSWERSBroker
Amanda helps her neighbor sell his DC home by assisting with negotiations. She
receives no compensation for her assistance. Based on this one transaction,
Amanda ______. - ANSWERSDoesn't need a real estate license
THERE'S NO COMPENSATION
Carmen is the vice-president of a DC investment firm that wants to start offering real
estate sales services for its clients. Which of the following statements is true about
the firm's submission of a broker license application? - ANSWERSAnyone involved
in providing real estate services needs to hold a DC real estate license.
, If a DC-licensed salesperson decides to quit working for a given broker and look for
other employment, what happens to the salesperson's license? - ANSWERSBroker
returns it to mayor
Nathan assisted with the purchase of a commercial building that will be used as a
community center. He doesn't hold a DC real estate license, yet his actions didn't
violate any license laws. What must be true about Nathan's situation? -
ANSWERSNathan is a public official whose salaried duties include real estate
transactions.
DC law requires licensees to disclose their personal interest before acting on their
own behalf in a real estate transaction. Which of the following must licensee Ben
disclose to a buyer client when writing up an offer? - ANSWERSHe is the seller
DC broker Antonio was thrilled to close on a listing that had been on the market for
six months. He realizes that it was a team effort and would like to compensate
people who helped get it sold. Antonio can share his commission with which of the
following people? - ANSWERSLicensed sales assistant
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? - ANSWERS10 business days
Carla and her clients, Bert and Ina Nowland, have just finished preparing their first
listing agreement. Before they conclude their meeting, what should Carla do? -
ANSWERSObtain the Nowlands' written consent for designated/dual representation.
Shara's friend Sonny was with her when an apartment manager refused to give
Shara, who is South Asian, a rental application. Now Shara has filed a complaint
with the DC Office of Human Rights. Sonny was initially scared to testify but was
reassured when he learned that ________. - ANSWERSDC human rights law
prohibits retaliation against witnesses
How long must property owners or property managers keep a copy of a signed DC
Lead Disclosure Form? - ANSWERSThe signed original DC Lead form must be kept
for six years.
Under what circumstances can DC buyer agency agreements be terminated early? -
ANSWERSBuyers and their agent both agree in writing to end the agreement
Which statement is an example of puffery? - ANSWERS"This condo has the best
view this side of the river!"
A DC licensee is working with a buyer who is making an offer to purchase a property.
What should the licensee do immediately after the buyer signs the offer? -
ANSWERSProvide a copy of the signed offer to the buyer
Copies of signed agreements must immediately be provided to the signing party.
