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Delaware Real estate the important questions on the exam
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Delaware Real estate the important questions on the exam
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Delaware Real estate the importantquestions on the exam
Leases .with .no .specified .term .are .considered____ .- .(correct .answer) .-month-to-month
Leases .for .less .than .one .year .may .be .verbal, .but .leases .longer .than .a .year .must .be____ .- .
(correct .answer) .-in .writing
Delaware, .tenants .may .not .be .denied .access .to .rental .properties .on .the .basis .of: .- .
(correct .answer) .-age
color
creed
disability
familial .status
gender
gender .identity
income .source
marital .status
national .origin
occupation.
race
religion
sexual .orientation
.However, .landlords .may .opt .to .rent .to .senior .citizens .only.
,Title .defect .discovered .after .closing: .- .(correct .answer) .-
the .title .insurance .company .will .either .pay .the .debt .or .take .the .claimant .to .court .to .battle .it .out .in
.front .of .a .judge.
When .the .title .company .pays .a .loss, .that .amount .is .deducted .from .the .coverage .amount, .and .the .c
ompany .reserves .the .right .to .collect .payment .from .the .party .that .caused .the .loss
Brokers .name .and .number .should .be .on .which .of .the .four .following: .- .(correct .answer) .-
Business .cards, .Newspaper .Ads, .Websites/Internet, .
billboards, .print .media
Licensee .Hugh .has .been .terminated .by .his .broker .because .of .unprofessional .conduct. .What .can .Hug
h .expect .from .his .broker? .- .(correct .answer) .-A .termination .notice .in .the .mail.
When .any .licensee .is .terminated .by .the .broker .or .broker .organization .or .voluntarily .terminates, .the
.broker .shall
immediately .notify .the .Commission .of .such .termination.
shall .address .a .communication .to .the .last .known .address .of .such .licensee. .The .communication .shall
.advise .the .licensee .of .the .termination. .A .copy .of .the .communication .to .the .licensee .shall .accompan
y .the .notification .to .the .Commission.
The .releasing .broker .must .file .a .completed .form .with .the .Commission .within .5 .business .days .of .obt
aining .a .sponsoring .broker .and .the .transferring .licensee's .signatures .on .the .form.
Under .Delaware .law, .when .are .salespeople .required .to .turn .over .escrow .deposits .to .their .brokers? .
- .(correct .answer) .-Promptly
Licensee .Lynn .accepts .earnest .money .from .a .buyer. .When .are .the .funds .required .to .be .deposited .i
nto .the .broker's .escrow .account? .- .(correct .answer) .-
Within .72 .hours .of .signing .the .agreement .of .sale.
The .following .party's/transaction .are .all .exempt .from .transfer .tax: .- .(correct .answer) .-
**transfers .between .parent .and .child
religious .organizations
, volunteer .fire .companies
Which .transfer .of .property .requires .a .Seller's .Disclosure .of .Real .Property .Condition .Report? .- .
(correct .answer) .-A .sale .of .rural .property.
the .lease .comes .a .month .to .month .lease .if .the .60 .days .notice .is .not .given .before .the .expiration
Which .best .reflects .the .primary .objective .of .the .Delaware .Real .Estate .Commission? .- .
(correct .answer) .-Protect .the .general .public .from .unsafe .real .estate .practices.
The .creation .of .the .condominiums .in .Delaware .require .- .(correct .answer) .-a .declaration
a .declaration .plan
and .code .of .regulations
All .of .the .following .are .exempt? .from .the .Delaware .licensing .laws .- .(correct .answer) .-
1. .a .property .owner .who .sells .or .leases .there .own .property
2.resident .property .manager .at .an .apartment .complex
3.power .of .attorney .acting .as .owner .of .the .property
_____ .is .allowed .to .perform .a .professional .general .home .inspection:
A .licensed .individual .from .Delaware .Board .of .Home .Inspectors
A .licensed .individual .International .Adversities .(BOCA)
A .licensed .individual .for .HVAC .and .plumbing
A .General .Contractor .- .(correct .answer) .-
A .licensed .individual .from .Delaware .board .of .home .inspectors
Home .inspectors .statute
Home .inspectors .in .Delaware .must .be .licensed .and .registered .with .the .state .Board .of .Home .Inspect
ors.
Which .of .the .following .entities .monitors .Delaware's .groundwater .for .signs .of .pesticide .contaminatio
n?
The .Clean .Water .section
The .Groundwater .section
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