Monday, March 14, 2011

Real Estate

The District of Columbia Real Estate Commission (Commission) regulates the licenses of professional real estate agents and protects consumers by upholding the District of Columbia real estate license law (pdf).

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The real estate license law is defined by the District of Columbia Second Omnibus Regulatory Act of 1998 (Omnibus), which took effect on April 20, 1999.

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The Commission consists of nine members appointed by the Mayor. All members must be residents of the District of Columbia throughout their tenure on the Commission.

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Three members must each hold a Broker’s license; two members must hold a Salesperson’s license; two members must hold a Property Manager’s license; one member must be a licensed attorney; and one member must be a consumer member who does not hold a real estate license.

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