DC Property Managers Study guides, Class notes & Summaries

DC Property Managers Study Guide with 100% Updated and Approved 2024 Management Plan - Assists the owner in meeting their goals while maximizing the property's value and return. The plan describes in detail the subject property's current use along with it's physical condition, fiscal projections, and operational issues (includes an analysis of the market regional & neighborhood). Organizational and educational programs available to assist in enhancing the property manager's knowledge...

Organizational and educational programs available to assist in enhancing the property manager's knowledge, identifying resources to resolve issues, and expanding their business network. - Answer-Institute of Real Estate Management (IREM), National Association of Realtors (NAR), Greater Capital Area Association of Realtors (GCARR), building Owners & Managers Association (BOMA), National Association of Real Estate Brokers, International Council of Shopping Centers (ICSC), and National Property Ma...

DC Property Managers Study Guide (Complete) 2024 Questions & Correct Answers Management Plan - Correct Answer Assists the owner in meeting their goals while maximizing the property's value and return. The plan describes in detail the subject property's current use along with it's physical condition, fiscal projections, and operational issues (includes an analysis of the market regional & neighborhood). Organizational and educational programs available to assist in enhancing the property m...

Relationship of parties When a dispute occurs, courts tend to favor tenants and buyers over landlords and sellers. What does obtaining a survey do Obtaining a survey will clearly define the property and its boundaries and will reveal any potential issues related to those boundaries. lot and block Provides plat references In a real estate transaction in which you represent the seller, your duty to other parties is to ______. Be honest in all matters that do not affect...

Dean's brokerage firm adopted an electronic transaction management system. Which of the following statements is true about brokerage policies related to the system? System permissions are on a need-to-know basis and passwords are required. Mary's been a salesperson in DC for two years. She's currently building her own professional website. In addition to her broker's contact information, what must she include on the site per DC real estate advertising guidelines? An online disclosur...

CIty Council Creates DC Real Estate Law DC Real Estate Commission (DCREC) Enforces DC Real Estate Law and creates the rules and regulations concerning real estate property and land interest including condos, co-ops, leases, and time shares. The law cover individuals, corporations, partnerships, and associations. DC Department of Consumer and Regulatory Affairs Government entity that houses DC Real Estate Commission DCREC (Commission) Authority Issue or revoke licenses, i...

DC Real Estate Law Questions and 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? 5 years which entity provides budget and resource support to the DC real estate commission? 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 likel...

Property Manager Eligibility Requirements Able to read, write, and understand English Real Estate Broker Practice May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lots. Agent Eligibility Requirements 1. Able to read, write, and understand English 2. Is a high school graduate or GED holder 3. Has successfully completed course of study (60 hours) prescribed by the Commission at an ...

licensee who is affiliated with a broker in charge or a property manager in charge Associated Licensee A sub office of a company in which full-service real estate activities are conducted and at which a broker-in-charge or property manager-in-charge is licensed to conduct real estate transactions. branch office a wholesaler who does not take title to goods and whose function is to bring buyers and sellers together and assist in negotiation Broker Broker who is designed as...