District of Columbia Option to Purchase Real Property with Election to Renew Option
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How to fill out Option To Purchase Real Property With Election To Renew Option?
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FAQ
How long does the complete CPM certification process take? The total process from enrollment to graduation takes an average of 18-24 months.
There isn't an annual fee to have a DC real estate license, however your DC real estate license must be renewed every two years on the odd year. To be eligible for renewal you must complete the 15-hour Continuing Education requirement and pay a renewal fee.
More information for D.C. licensees is available here. License renewals in the District of Columbia are on a two-year cycle, in every odd numbered year: February 28 for brokers and property managers and August 31 for sales agents.
Property Manager Currently, pre-license education is not required for DC property managers.
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.
If you have an active real estate license in a state other than Washington, DC, you may be able to get a DC license by reciprocity or so-called endorsement application. Virginia and Maryland applicants can get a license by reciprocity. You will need to pass the DC portion of the PSI exam.
To be eligible to take the property managers exam in DC, you must be a high school graduate (or equivalent), and be able to read, write, and understand English. You must also not have had an application previously denied other than failure to pass the exam in DC or elsewhere within one year of your application date.
Subject to § 2612.4 of this section, a licensee may remain on inactive status for a period not to exceed five (5) consecutive years.
The formula for CPM is as simple as the concept behind it. Since CPM is cost per thousand impressions, then you simply divide the cost by the number of impressions divided by a thousand. So the CPM formula is CPM = 1000 cost / impressions .
To be eligible to take the property managers exam in DC, you must be a high school graduate (or equivalent), and be able to read, write, and understand English. You must also not have had an application previously denied other than failure to pass the exam in DC or elsewhere within one year of your application date.