Our meticulously crafted materials provide a deep understanding of key concepts, ensuring proficiency in everything from property transactions and contracts to agency relationships and fair housing laws. Engage actively with our interactive Q&A format, reinforcing your learning and refining your c...
[Show more]
Mike, a Delaware licensee, is sitting down with a potential buyer for their first scheduled appointment. What must he make sure they do when he meets with her? Sign the CIS. You're spending your Sunday morning planting signs that advertise the open house hours for your listing. Which Delaware la...
Preview 1 out of 4 pages
Add to cartMike, a Delaware licensee, is sitting down with a potential buyer for their first scheduled appointment. What must he make sure they do when he meets with her? Sign the CIS. You're spending your Sunday morning planting signs that advertise the open house hours for your listing. Which Delaware la...
The ownership of a condominium unit differs from that of an ownership interest in a cooperative apartment project in which of the following ways? you can be deeded fee simple title on a condominium unit If you are a licensee selling your own real property, you must: include a contract provision i...
Preview 2 out of 14 pages
Add to cartThe ownership of a condominium unit differs from that of an ownership interest in a cooperative apartment project in which of the following ways? you can be deeded fee simple title on a condominium unit If you are a licensee selling your own real property, you must: include a contract provision i...
There are some tasks that happen before you get the listing, and some that don't happen until after you have signed the agreement with a seller. Match the activities Before signing: -Discuss property and goals with seller -Listing presentation After signing: -Suggest staging -Measure rooms ...
Preview 2 out of 15 pages
Add to cartThere are some tasks that happen before you get the listing, and some that don't happen until after you have signed the agreement with a seller. Match the activities Before signing: -Discuss property and goals with seller -Listing presentation After signing: -Suggest staging -Measure rooms ...
b. Crops What is not an improvement of land? a. Sewers b. Crops c. Buildings d. Rooms b. Can never be changed. A geographic location of any parcel of land: a. Can be changed as some substances are removable from the land. b. Can never be changed. c. Can be changed because the topograph...
Preview 3 out of 19 pages
Add to cartb. Crops What is not an improvement of land? a. Sewers b. Crops c. Buildings d. Rooms b. Can never be changed. A geographic location of any parcel of land: a. Can be changed as some substances are removable from the land. b. Can never be changed. c. Can be changed because the topograph...
Primary Objective Of Delaware Real Estate Commission Protect General Public From Unsafe Practices Which Tend To Reduce Competition Or Fix The Prices. Second To Maintain Standards Of Licensee Competency Cma Comparative Market Analysis;Not An Appraisal; Designated Agent A Person Authorized By Th...
Preview 1 out of 2 pages
Add to cartPrimary Objective Of Delaware Real Estate Commission Protect General Public From Unsafe Practices Which Tend To Reduce Competition Or Fix The Prices. Second To Maintain Standards Of Licensee Competency Cma Comparative Market Analysis;Not An Appraisal; Designated Agent A Person Authorized By Th...
Main purpose of the buyer presentation To build trust Purpose of qualifying buyers To determine buyers' readiness to buy and that they're not already exclusively represented by another agent Main purpose of the buyer presentation To build trust Buyer representative activities Help schedul...
Preview 1 out of 4 pages
Add to cartMain purpose of the buyer presentation To build trust Purpose of qualifying buyers To determine buyers' readiness to buy and that they're not already exclusively represented by another agent Main purpose of the buyer presentation To build trust Buyer representative activities Help schedul...
How many years must commission members have resided in Delaware prior to their appointment? five years Sandra and Dwight are neighbors who share a common driveway, but the driveway is on Dwight's property. What kind of ownership rights does Dwight have of the driveway? Possessory Annette real...
Preview 3 out of 22 pages
Add to cartHow many years must commission members have resided in Delaware prior to their appointment? five years Sandra and Dwight are neighbors who share a common driveway, but the driveway is on Dwight's property. What kind of ownership rights does Dwight have of the driveway? Possessory Annette real...
Delaware law requires licensees to explain the possible types of agency relationships to prospective clients, using the Consumer Information Statement (CIS) for buyers and sellers. Licensees must discuss the duties that licensees owe not only to their clients, but also to the other parties to the tr...
Preview 3 out of 21 pages
Add to cartDelaware law requires licensees to explain the possible types of agency relationships to prospective clients, using the Consumer Information Statement (CIS) for buyers and sellers. Licensees must discuss the duties that licensees owe not only to their clients, but also to the other parties to the tr...
Violations of Delaware license law could earn a licensee a sanction from the real estate commission, including the possibility of _______. A. A fine of up to $10,000 B. House arrest C. Jail time D. Probation, including regular reports to the commission and limited professional activities Probati...
Preview 2 out of 13 pages
Add to cartViolations of Delaware license law could earn a licensee a sanction from the real estate commission, including the possibility of _______. A. A fine of up to $10,000 B. House arrest C. Jail time D. Probation, including regular reports to the commission and limited professional activities Probati...
In Delaware which party is responsible for expenses on closing day ? buyer Licensee Jonathan signed a listing agreement with a new client. Which of these actions should Jonathan plan to perform next, before he publishes the listing on the MLS? prepare a features list Karen's house was recentl...
Preview 2 out of 15 pages
Add to cartIn Delaware which party is responsible for expenses on closing day ? buyer Licensee Jonathan signed a listing agreement with a new client. Which of these actions should Jonathan plan to perform next, before he publishes the listing on the MLS? prepare a features list Karen's house was recentl...
Primary Objective of Real Estate Commission to protect the general public Secondary Objective of the Real Estate commission to maintain minimum standards of licensee competency and maintain certain standards in the delivery of services to the public Who can provide real estate services? only t...
Preview 2 out of 7 pages
Add to cartPrimary Objective of Real Estate Commission to protect the general public Secondary Objective of the Real Estate commission to maintain minimum standards of licensee competency and maintain certain standards in the delivery of services to the public Who can provide real estate services? only t...
Alienation Act of transferring interest in property Bound Physical feature that defines the boundaries of a property Chain of title Path of ownership over time Consideration Something of value (used to provide evidence that value is being exchanged in the transaction) Covenant of seisin ...
Preview 1 out of 3 pages
Add to cartAlienation Act of transferring interest in property Bound Physical feature that defines the boundaries of a property Chain of title Path of ownership over time Consideration Something of value (used to provide evidence that value is being exchanged in the transaction) Covenant of seisin ...
Comparative market analysis (CMA) An estimate of market value based on recent comparable sales for similar properties Steps to preparing a CMA 1) Collect data on the subject property; 2) Collect data on comparable properties; 3) Adjust for differences; 4) Present the CMA Comparable property ad...
Preview 3 out of 22 pages
Add to cartComparative market analysis (CMA) An estimate of market value based on recent comparable sales for similar properties Steps to preparing a CMA 1) Collect data on the subject property; 2) Collect data on comparable properties; 3) Adjust for differences; 4) Present the CMA Comparable property ad...
(26) under Delaware law which of the following individuals does not have to have a real estate license? a for sale by owner seller (27)under Delaware licensing law a partnership association or cooperation may engage in real estate business only if every member actively participating in the broker...
Preview 1 out of 3 pages
Add to cart(26) under Delaware law which of the following individuals does not have to have a real estate license? a for sale by owner seller (27)under Delaware licensing law a partnership association or cooperation may engage in real estate business only if every member actively participating in the broker...
Loan to Value Ratio Amount of the loan vs value of real estate Who is the Devisee under a Will? Devisee under will is person who receives property under a will (maker of will is devisor) What are the Requirements for a valid deed in DE The deed has to be in writing The deed has to describe ...
Preview 2 out of 12 pages
Add to cartLoan to Value Ratio Amount of the loan vs value of real estate Who is the Devisee under a Will? Devisee under will is person who receives property under a will (maker of will is devisor) What are the Requirements for a valid deed in DE The deed has to be in writing The deed has to describe ...
What are the DE specific protected classes? Creed Age Income Marital status Gender identity Sexual orientation What are the 3 required disclosures for DE? Radon Lead paint Real property condition For property description we use... Lot and block and metes and bounds the redemption per...
Preview 2 out of 10 pages
Add to cartWhat are the DE specific protected classes? Creed Age Income Marital status Gender identity Sexual orientation What are the 3 required disclosures for DE? Radon Lead paint Real property condition For property description we use... Lot and block and metes and bounds the redemption per...
Your client tells you that the home inspection has been done, and the home passed with no problems reported. You're surprised, since you'd pointed out a couple items you thought would come up on the inspection report. You weren't at the appointment, but later you discover that the home inspector ...
Preview 2 out of 10 pages
Add to cartYour client tells you that the home inspection has been done, and the home passed with no problems reported. You're surprised, since you'd pointed out a couple items you thought would come up on the inspection report. You weren't at the appointment, but later you discover that the home inspector ...
On the surface, most brokers may seem pretty similar. So it's up to you to do a little probing to discover what makes one broker different than another. That's where you'll start to determine if you and the broker are a good fit. Which five of these areas should you inquire about when looking for...
Preview 2 out of 15 pages
Add to cartOn the surface, most brokers may seem pretty similar. So it's up to you to do a little probing to discover what makes one broker different than another. That's where you'll start to determine if you and the broker are a good fit. Which five of these areas should you inquire about when looking for...
If a workers license is revokes, then all salespersons working under this broker will have the license suspended How many days notice must be given to terminate a lease 60 days How long does somebody have to make application for real estate licnesure 1 year from completion of the prelincensing...
Preview 2 out of 5 pages
Add to cartIf a workers license is revokes, then all salespersons working under this broker will have the license suspended How many days notice must be given to terminate a lease 60 days How long does somebody have to make application for real estate licnesure 1 year from completion of the prelincensing...
Most residential real estate transfers require the seller to provide the buyer with this Seller's Disclosure of Real Property Condition Report Piper contracted with Alex to sell her Dover home to him for $350,000. If Alex breaches the sales contract, how long does Piper have to sue Alex for brea...
Preview 2 out of 15 pages
Add to cartMost residential real estate transfers require the seller to provide the buyer with this Seller's Disclosure of Real Property Condition Report Piper contracted with Alex to sell her Dover home to him for $350,000. If Alex breaches the sales contract, how long does Piper have to sue Alex for brea...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller twishfrancis. Stuvia facilitates payment to the seller.
No, you only buy these notes for $30.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now