Delaware real estate - Study guides, Class notes & Summaries

Real Estate Exam Delaware Questions with 100% Correct Answers Most residential real estate transfers require the seller to provide the buyer with this - Answer- 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 breach of contract? Eight years Four years - Answer- Three years Which of the following statements accurately describes the wri...

Section 1: Delaware Real Estate Orientation Questions and Answers Already Passed

Section 16: Delaware License Laws, Rules, and Regulations Questions and Answers 100% Pass The Delaware Real Estate Commission The Delaware Real Estate Commission is the ultimate enforcer of real estate laws and regulations in Delaware. Commission Members and Qualifications -Composed of nine members, all appointed by the governor. -All commission members must have resided in Delaware for 5 or longer directly prior to their appointment. -Of the 9 members, 5 are real estate professionals: 3 broke...

Delaware Real Estate Exam Questions and Answers Already Passed

Delaware Real Estate Law Final Exam Already Passed 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 property with specificity The deed must have the name of grantor and grantee The deed must be signed and must be acknowledged(notarized) What are the ad...

Delaware Real Estate Exam Questions and Answers Already Passed

Most residential real estate transfers require the seller to provide the buyer with this - AnswerSeller'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 breach of contract? Eight years Four years - Answer-Three years Which of the following statements accurately describes the written lease requirements in Delaware? Lease agreements always have t...

Delaware Real Estate Law Final Exam Questions and Answers Already Passed

Delaware Real Estate Law Final Exam Questions and Answers Already Passed

The Delaware Real Estate Commission - The Delaware Real Estate Commission is the ultimate enforcer of real estate laws and regulations in Delaware. Commission Members and Qualifications - -Composed of nine members, all appointed by the governor. -All commission members must have resided in Delaware for 5 or longer directly prior to their appointment. -Of the 9 members, 5 are real estate professionals: 3 brokers (one from each county), 1 associate broker, and 1 salesperson: -The brokers a...