1.1 District of Columbia Real Estate Commission (DCREC)

Key Takeaways

  • DCREC, a nine-member body under DLCP, licenses and regulates DC real estate professionals and meets the 2nd Tuesday monthly (recess in August)
  • Members are three brokers, two salespersons, two property managers, one DC Bar attorney, and one consumer member — all DC residents
  • DCREC may reprimand, fine up to $2,500 per violation, and suspend, revoke, or deny licenses
  • The Real Estate Guaranty and Education Fund pays up to $50,000 per single transaction (aggregate) after a claimant obtains a final court judgment
  • A Fund payment automatically suspends the licensee until full repayment plus interest at a Mayor-set rate
Last updated: June 2026

The DC Real Estate Commission (DCREC) operates under the Department of Licensing and Consumer Protection (DLCP) and is responsible for licensing, regulating, and overseeing real estate professionals in the District of Columbia.

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DCREC Structure and Authority

Commission Members

DCREC consists of nine members appointed by the Mayor:

Member typeNumberRequirement
Licensed brokers3Active DC broker license
Licensed salespersons2Active DC salesperson license
Licensed property managers2Active DC property manager license
Licensed attorney1Active DC Bar member
Consumer member1Not licensed in real estate

All members must be residents of the District of Columbia throughout their tenure. The Commission convenes the 2nd Tuesday of each month (recess in August), so time-sensitive matters such as hearings and Fund-payment orders are decided on that monthly cadence. Applicants are advised to submit materials 15 business days prior to a meeting.

Who Must Be Licensed

DC law requires a license to perform real estate activity for another and for compensation. Three license types exist, each tied to specific activities:

  • Broker — independently lists, sells, leases, or negotiates real estate; supervises salespersons; holds escrow.
  • Salesperson — performs brokerage activity only while affiliated with and supervised by a licensed DC broker.
  • Property manager — manages real property for others (leasing, rent collection, maintenance) for compensation.

Statutory Exemptions

Exempt partyWhy
Property ownersSelling or leasing their own property
AttorneysActing in the regular course of legal practice
Court-appointed fiduciariesExecutors, trustees, receivers acting under court order
Certain salaried employeesManaging the employer's own property

Key DCREC Functions

FunctionDescription
LicensingProcess applications, approve education providers, issue/renew licenses
EducationSet pre-license and CE requirements; approve schools and courses
EnforcementInvestigate complaints; audit broker trust/escrow accounts
DisciplineReprimand, fine (up to $2,500 per violation), suspend, revoke, or deny
Guaranty FundAdminister the Real Estate Guaranty and Education Fund

DC Real Estate License Law

The framework is found in:

  • D.C. Code Title 42, Chapter 17 — Real Estate Brokers' Duties (escrow, agency, the Guaranty Fund).
  • D.C. Code Title 47, Chapter 28 — Occupations and Professions licensing (including § 47-2853.197 prohibited acts).
  • Title 17 DCMR — the DC Municipal Regulations implementing the statutes.

Exam Tip: When a question references "the Commission," it means DCREC; when it references "the Department," it usually means DLCP, the parent agency (formerly DCRA).

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DC Real Estate Commission Structure

Real Estate Guaranty and Education Fund

The DC Real Estate Guaranty and Education Fund compensates consumers who suffer financial loss from a licensee's misconduct and funds educational programs. It is created under D.C. Code § 42-1706, with payment rules in § 42-1707.

Fund Details

ItemDetail
Contribution fee$60 (included in license fees)
Max per single transaction$50,000 aggregate (all claimants combined)
Escalating per-licensee cap$10k / $20k / $30k / $40k / $50k over license years 1–5
Prerequisite to claimA final court judgment (or settlement reduced to judgment)
License consequenceAutomatically suspended when a payment order issues

Trap: The $50,000 limit applies per transaction across all claimants, not per claimant. If five buyers each hold judgments arising from one fraudulent transaction, they share a single $50,000 ceiling pro rata.

How the Fund Works

  1. A consumer is harmed by licensee fraud, misrepresentation, or conversion of funds.
  2. The consumer obtains a final judgment in a court of competent jurisdiction.
  3. The consumer applies to DCREC for payment from the Fund.
  4. DCREC reviews and, if eligible, orders payment.
  5. Upon the order, the licensee's license is automatically suspended.

License Restoration After Fund Payment

RequirementDetail
RepaymentFull amount paid from the Fund
InterestAt an annual rate set by the Mayor
Until repaidLicense remains suspended

Accuracy note: DC law ties the restoration interest to a rate established by the Mayor; do not assume a fixed percentage. The point to remember for the exam is that full repayment plus interest is required before the license can be restored.

Educational Use of the Fund

The Commission may expend up to 20% of amounts deposited in the Fund (as of October 1 each year) on educational programs for licensees, applicants, and the public.

DCREC Contact Information

ResourceInformation
Websitedlcp.dc.gov/page/real-estate-commission
Parent agencyDepartment of Licensing and Consumer Protection (DLCP)
Education Dept.(202) 442-4320
Online portalAccess DC (accessdc.dc.gov)

Commission Powers in Practice

DCREC's authority is investigatory and adjudicatory. It may, on its own motion or on a written complaint, open an investigation, subpoena records, and audit a broker's trust/escrow account — a power that makes recordkeeping a frequent exam topic. After notice and an opportunity for a hearing, the Commission may impose a graduated set of sanctions:

SanctionWhen used
ReprimandMinor or first-time violations
Fine (up to $2,500/violation)Technical or repeated violations
SuspensionSerious misconduct; pending repayment after a Fund payment
RevocationFraud, conversion of client funds, repeated violations
DenialApplicant who fails fitness or disclosure requirements

Exam Tip: Fines are assessed per violation, so a single transaction with several distinct violations can exceed $2,500 in aggregate even though each violation is individually capped.

The Commission also approves pre-license and CE course providers, sets the content outlines PSI must follow, and publishes the Real Estate Legislation and Regulations document that serves as the official study source for the DC law portion of the exam.

Test Your Knowledge

How many members serve on the DC Real Estate Commission, and what is the composition?

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Test Your Knowledge

What is the maximum fine DCREC can impose per violation?

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Test Your Knowledge

A single fraudulent transaction harms four buyers who each obtain a $20,000 judgment. What is the most the Guaranty Fund will pay on that transaction?

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Test Your Knowledge

What happens to a licensee's license when the Commission orders a payment from the Guaranty Fund?

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