Washington D.C. Law Quiz
LAW QUESTIONS COURTESY OF Your
Daily Quiz
Search
D.C. Home
THE PRACTICE QUIZ DOES NOT KEEP SCORE (4
Wrong = 67%, 3 Wrong = 75%)
Click Here for a Complete Chart
- Under the District of Columbia's Agency laws:
-
Only the broker can be a Dual Representative.
-
The listing agent can help both the buyer an seller in their negotiations.
-
If one licensee represents a buyer, and another licensee in the same firm
represents the seller in the same transaction, then only the broker would
be a Dual Representative.
- A
salesperson who represents both the buyer and seller in the same transaction
is called a Designated Representative.
CORRECT!
- Which of the following forms must be attached to a sales contract or lease
when Dual Agency occurs on a D.C. transaction?
-
Disclosure of Brokerage Relationship
-
Consent for Dual Representation and Designated Representation in the District
of Columbia
-
Consent for Dual Agency
- Disclosure/Confirmation
of Dual Representation and/or Designated Representation
RIGHT!!
- All of the following groups are protected under D.C.'s fair housing laws,
except :
-
Creed.
-
Family responsibilities.
-
Gender identity and expression.
- Genetic
information.
FANTASTIC!!!
- All of the following are exempt from licensure requirement except:
-
An attorney-at-law regularly engaged in the business of real estate.
-
An executor of a will.
-
A trustee.
- A
receiver.
COOL!!
- A licensee representing a seller must:
-
Present all written offers in a timely manner, even when the property is
already subject to a contract of sale.
-
Follow all the instructions of the seller.
-
Never have a contract to represent a buyer.
- None
of the above.
CORRECT!
- Which of the following groups of people is protected under D.C.'s fair housing
laws?
-
Matriculation.
-
Place of business.
-
Age.
- All
of the above.
MUY BIEN!
- Washington, D.C.'s fair housing laws prohibit discrimination based on:
-
Political affiliation.
-
Personal appearance.
-
Sexual orientation.
- All
of the above.
CORRECT!
- Which of the following statements is true?
-
If a seller fills out a property Disclaimer, they do not have to disclose
any problems with the property.
-
There is no property Disclosure requirement in Washington, D.C.
-
If a seller signs a property Disclaimer, they must still fill out a property
Disclosure.
- There
is no option to disclaim in Washington, D.C.
RIGHT!!
- An agent is working with a buyer who has seen a house he loves, but is not
for sale. The agent contacts the homeowners and tells them that they should
sell their house because minorities moving into the neighborhood are bringing
down property values, and they could lose a lot of money if they stay there.
The agent is guilty of:
-
Blockbusting.
-
Steering.
-
Redlining.
- Nothing.
This is an acceptable business practice.
FANTASTIC!!!
- A salesperson may accept a commission from:
-
The broker with whom they are affiliated as a licensee.
-
A cooperating broker.
-
A seller.
- All
of the above.
COOL!!
- A broker or salesperson may be subject for a fine of up to $2500 for all
of the following except:
-
Making a substantial misrepresentation.
-
Demonstrating unworthiness or incompetency to act as a real estate broker
so as to endanger the public interest.
-
Charging a 25% percent commission.
- Using
a trade name from an organization of which the licensee is not a member.
YOU’VE BEEN STUDYING!
- If a broker changes his or her principal place of business:
-
The broker must notify the D.C. Real Estate Board within 10 days of the
move.
-
The broker must notify the Mayor within 15 days of the move.
- The
broker must notify the Mayor and the Real Estate Board, or face a thirty
day suspension of his or her license.
- The
broker must notify the Mayor within 10 days of the event, in writing, and
return to the Mayor his or her license along with the licenses of all the
salespersons employed by him or her.
MUY BIEN!
If you find any inaccuracies on
D.C. law, please let us know. Also if you would like to suggest a question,
or send detailed information so we can write a question, feel free to do that.
Send (polite) feedback to ydq@yourdailyquiz.com.
To get more help with general real
estate questions, extensive math help and much more, visit
YourDailyQuiz.com. (Oh Yeah, and it’s fun
too!)
Search
D.C. Home
©2000, 2006 Douglas R. Barry