DE State Exam Practice Questions

Your client tells you that the home inspection has been done, and the home passed with no problems reported. You're surprised, since you'd pointed out a couple items you thought would come up on the inspection report. You weren't at the appointment, but later you discover that the home inspector had the flu that day, and sent a trainee to complete the assignment without informing your client. Why is this illegal in Delaware? Trainees must be directly supervised by a licensed home inspector and must notify consumers of their trainee status. When a sale involves unimproved land, Delaware law requires the purchase contract to include which of the following? Notice to buyers that they may need to install water and sewer systems and will need a site evaluation approved to do so calculate the amount of taxes to levy against property owners. County assessors Delaware licensee Ron has several properties listed. For which of these will he advise his client to request a resale certificate from the association? A unit in a bustling residential complex with three pools, two tennis courts, and 200 units Delaware landlord Kip wants to include a provision in his leases that prohibits tenants from making a claim against him for not providing things such as heat and water. His lawyer explains that this is illegal because lease provisions that ______ are prohibited. Waive tenants' rights under the law In Delaware, the residents of one of these communities have a right to be notified of the community's impending sale and to take steps to become the community's owners themselves. Which one? Cozy Cottage Mobile Home Park, a family-friendly mobile home community on eight acres The purpose of Delaware's Real Estate Tax Return Declaration of Estimated Income Tax, Form 5403 is to ______. Ensure property sellers pay income tax on capital gains Your seller client has offered financing to the buyers, who aren't able to qualify for an institutional loan. They're using an installment sales contract. Which of these provisions will NOT be part of the contract according to Delaware law? The seller's right to foreclose judicially should the buyer default and fail to reinstate the loan within 60 days What entity is responsible for enforcing fair housing law in Delaware? State Human Relations Commission