QUESTIONS AND ANSWERS
The DC commission can impose civil fines for license law violations. Each violation may garner a
fine up to ______. - ANS $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? -
ANS Yes, 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? - ANS 90 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? - ANS DC 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. - ANS Injunction
Who or which entity administers the DC Real Estate Guaranty and Education Fund? -
ANS DCREC
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? - ANS His agent is his wife
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,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? - ANS 3 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. -
ANS Zero
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? - ANS Color
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? - ANS Name 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? - ANS DC 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. -
ANS Revocation
A person performing real estate activities under the judgment or order of a court, such as a
trustee in a bankruptcy, is _______. - ANS Required 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
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, become licensed salespersons in DC, they both must submit ________. - ANS A 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? -
ANS Broker
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 ______. -
ANS Doesn'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? - ANS Anyone 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? - ANS Broker 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? - ANS Nathan 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? - ANS He 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
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