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Examen

DC STATE PORTION FINAL EXAM PREP 2025/2026 ACCURATE QUESTIONS WITH CORRECT DETAILED ANSWERS || 100% GUARANTEED PASS RECENT VERSION

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DC STATE PORTION FINAL EXAM PREP 2025/2026 ACCURATE QUESTIONS WITH CORRECT DETAILED ANSWERS || 100% GUARANTEED PASS RECENT VERSION

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DC STATE PORTION FINAL EXAM PREP 2025/2026
ACCURATE QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS <RECENT
VERSION>
Who appoints members of the DC Real Estate Commission?



The commission executive director



The DC Council chairperson



The mayor



The outgoing commissioners - (answers)The mayor



Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip
mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to
make an offer on the property on his behalf. Jersey considers her personal
interest in the property too minor to bother disclosing it. Is this a violation of DC
law?



No. Jersey must disclose that the buyer is her neighbor, but she doesn't need to
disclose her interest in the property.



No. Jersey need not disclose unless she holds at least a 10% interest in a property.

, 2




No. Jersey need not disclose unless she holds at least a 15% interest in a property.



Yes. Jersey must disclose any interest she holds in a property. - (answers)Yes.
Jersey must disclose any interest she holds in a property.



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
________.



Fines



Probation



Retraining



Suspension - (answers)Retraining



Phyllis has been working independently as a DC broker for six years and recently
decided that she no longer wants to deal with the paperwork or insurance
requirements. She's going to work as an associate broker for a colleague. What
should she do next?



Call the real estate commission secretary

, 3




Courier a transfer application to the real estate commission



Notify the commission via a letter sent by certified mail



Submit a transfer application to the Division of Business and Professional
Licensing - (answers)Notify the commission via a letter sent by certified mail



Which protected classes does DC's Human Rights Act add to those already
protected under the federal Fair Housing Act?



Age, marital status, personal appearance, sexual orientation, and gender identity
or expression



Age, marital status, personal appearance, sexual orientation, gender identity or
expression, family responsibilities, matriculation, and political affiliation



Age, sex, marital status, disability



Sex, disability, and religion - (answers)Age, marital status, personal appearance,
sexual orientation, gender identity or expression, family responsibilities,
matriculation, and political affiliation

, 4


Which of these statutory duties of DC real estate licensees is included under the
broader duty of promoting the client's best interests?



Comply with all fair housing laws and regulations.



Disclose any material facts.



Seek out the best terms for one's client.



Treat all parties honestly. - (answers)Seek out the best terms for one's client.



Dennis was surprised to learn that the DC Real Estate Commission isn't a
completely independent body, but is instead under the administrative oversight
of ________.



The Better Business Bureau



The DC Council



The DC mayor



The National Association of REALTORS® - (answers)The DC mayor

Información del documento

Subido en
13 de abril de 2025
Número de páginas
105
Escrito en
2024/2025
Tipo
Examen
Contiene
Preguntas y respuestas
$21.49

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