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Exam (elaborations)

Delaware Real Estate Exam Questions and Answers

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  • Course
  • Licensed Realtor
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  • Licensed Realtor

if a workers license is revokes, then all salespersons working under this broker will have the license - Answer-suspended how many days notice must be given to terminate a lease - Answer-60 days how long does somebody have to make application for real estate licnesure - Answer-1 year from com...

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  • October 14, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Licensed Realtor
  • Licensed Realtor
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Delaware Real Estate Exam Questions
and Answers
if a workers license is revokes, then all salespersons working under this broker will have
the license - Answer-suspended

how many days notice must be given to terminate a lease - Answer-60 days

how long does somebody have to make application for real estate licnesure - Answer-1
year from completion of the pre-licensing course

the property disclosure form is required to be filled out by - Answer-all sellers including
for sale by owner

when asked in writing by a buyer, which topic must a real estate agent refrain from
talking about - Answer-the seller having aids

who may remove commissioners from the real estate commission - Answer-the govoner

a real estate agent who lists a property for sale and then writes an offer on that property
with another person is a - Answer-dual agent

the main objectives of the real estate commission are - Answer-1. protect the general
public from unsafe real estate practices
2.to maintain and establish minimum standards of license competency

the powers and duties of the commission include all of the fallowing except - Answer-set
acceptable ranges for rates of commission charged by brokers

if a real estate agent observes material defect in a property not mentioned on the
property disclosure form, he/she should - Answer-disclose the fact to both buyer and
seller

all licensees must: - Answer-make application to the commission on or before the first
day of January biennially for a renewal of license

the state statue that deals with the creation of condominiums in Delaware is the -
Answer-unit properties act

under what circumstances may the commission investigate the actions of a salesperson
or broker - Answer-1. upon its own mention
2. upon the verified complaint in writing of any person

, all hearings upon the revocation of a real estate license or denial of application must
provide - Answer-1.notice to the employing broker of the charges agent their
salesperson
2.the commissions findings shall be conclusive
3.written notice to the licensee and their broker of the charges against them

all of the fallowing pertain to the real estate guaranty fund - Answer-1.the interest
generate day the fund are to be used by the commission for administering funds,
seminars, and continuing education
2.an application for a brokers license who has already paid the $25 gauranty fee as a
salespersons need not pay said fee again
3. the fund isle in excess of to be maintained at a level in excess of $250,000 and all
claims against the fund shall carry a maximum award of $25,000.

the minimum age for a brokers license is - Answer-23

all applicants for a brokers license must submit a list of 30 sales made by the applicant
wishing the past - Answer-5 years

the minimum age for a sales persons license is - Answer-18

listing contracts must - Answer-1. be signed by the sellers
2. be signed by the broker, or their representative

a real estate license - Answer-application that is being renewed must contain a
certification from the agent saying that the continuing education hours have been
satisfied. such proof must be kept for 2 years.

a person who feels that they have been discriminated against may file a complaint with
the - Answer-Delaware human relations commission or HUD

when the does CIS state the a real estate agent disclose in writing who they represent -
Answer-upon the first meeting

all of the fallowing are protected against the Delaware fair housing act except
1.religioun
2.occupation
3.creed
4.secual orientation
5.marital status
6.disabilty
7.age - Answer-occupation

a real estate agent who treats a Hispanic buyer differently than an Asian buyer is
violating - Answer-the civil rights act of 1866
the federal fair housing law

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