DELAWARE REAL ESTATE UPDATED
COMPLETE QUESTIONS AND ANSWERS
PROFESSIONAL REVIEW SHEET
●● General Powers of the Commission
Answer: Grants and renews real estate licenses, establishes professional
standards of competence, drafts rules of practice, and conducts audits
and complaint reviews.
●● Composition of the Commission
Answer: Consists of 9 members appointed directly by the governor.
●● Real Estate Professionals on the Commission
Answer: 5 members: 3 brokers (one representing each county), 1
associate broker, and 1 salesperson.
●● Public Members on the Commission
Answer: 4 members: 1 from New Castle County, 1 from Kent County, 1
from Sussex County, and 1 from the city of Wilmington.
●● Experience & Residency Requirements
, Answer: Brokers and associate brokers must have held an active license
for 5+ years; the salesperson must have held an active license for 4+
years.
●● Restrictions on Commission Members
Answer: No member may serve as an elected official or hold a
leadership role in a real estate professional association.
●● Terms & Leadership of Commission Members
Answer: Members serve a 3-year term and are limited to exactly one
additional re-appointment term.
●● Meetings & Compensation
Answer: The commission must meet at least once per quarter. Members
receive $50 per meeting, capped at a maximum of $500 annually.
●● Forfeiture of Office
Answer: The governor may dismiss a member for neglect of duty,
misfeasance, misconduct, or incompetence.
●● Division of Professional Regulation
Answer: Receives and investigates all consumer and licensee
complaints.
COMPLETE QUESTIONS AND ANSWERS
PROFESSIONAL REVIEW SHEET
●● General Powers of the Commission
Answer: Grants and renews real estate licenses, establishes professional
standards of competence, drafts rules of practice, and conducts audits
and complaint reviews.
●● Composition of the Commission
Answer: Consists of 9 members appointed directly by the governor.
●● Real Estate Professionals on the Commission
Answer: 5 members: 3 brokers (one representing each county), 1
associate broker, and 1 salesperson.
●● Public Members on the Commission
Answer: 4 members: 1 from New Castle County, 1 from Kent County, 1
from Sussex County, and 1 from the city of Wilmington.
●● Experience & Residency Requirements
, Answer: Brokers and associate brokers must have held an active license
for 5+ years; the salesperson must have held an active license for 4+
years.
●● Restrictions on Commission Members
Answer: No member may serve as an elected official or hold a
leadership role in a real estate professional association.
●● Terms & Leadership of Commission Members
Answer: Members serve a 3-year term and are limited to exactly one
additional re-appointment term.
●● Meetings & Compensation
Answer: The commission must meet at least once per quarter. Members
receive $50 per meeting, capped at a maximum of $500 annually.
●● Forfeiture of Office
Answer: The governor may dismiss a member for neglect of duty,
misfeasance, misconduct, or incompetence.
●● Division of Professional Regulation
Answer: Receives and investigates all consumer and licensee
complaints.