DELAWARE REAL ESTATE FULL SOLUTION
VIEW AHEAD QUESTIONS AND ANSWERS
STUDY COMPANION
●● 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 prelincensing 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
VIEW AHEAD QUESTIONS AND ANSWERS
STUDY COMPANION
●● 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 prelincensing 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