and Verified Answers | Rated A+
What are the DE specific protected classes? - ✔✔Creed
Age
Income
Marital status
Gender identity
Sexual orientation
What are the 3 required disclosures for DE? - ✔✔Radon
Lead paint
Real property condition
For property description we use... - ✔✔Lot and block and metes and bounds
the redemption period for tax monition sales in DE is - ✔✔90 days
DE is a __________ theory state - ✔✔lien
DE deeds have to be - ✔✔acknowledged
in DE transfer tax is the highest at ___% if the purchase price - ✔✔4% = 2.5%
state + 1.5% City/County
Page 1 of 20
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
,requires lease agreements for more than _______________ to be in writing to
be enforceable - ✔✔1 year
In DE a contract cannot be executory for longer than - ✔✔6 months
in order to qualify for the senior citizen property tax exemption, one must be -
✔✔65 or over
DE has license reciprocity agreements with what states? - ✔✔all states
statute of limitations for a breach of a real estate contract lawsuit is - ✔✔3
years
if a landlord accepts cash payment for rent, the landlord shall, within how many
days give a
tenant a receipt? - ✔✔15 days
How long must a landlord wait before charging a late fee on rent? - ✔✔5 days
If a tenant does not remove their personal property by the end of their lease
when can the landlord dispose of it? - ✔✔7 days
The real estate license laws administered by - ✔✔The Real Estate Commission
Delaware Real Estate Commission has the authority to - ✔✔make an enforce
the rules by which all real estate licensees must abide
Page 2 of 20
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT
, Delaware real estate commission may undertake an investigation of a licensee
based on all the following grounds - ✔✔it's own initiative
emotion from the members of the commission
a written complaint submitted by a disgruntled customer
The Delaware Real Estate Commission - ✔✔makes and enforces the rules by
which all real estate licensees must abide
the examinations that must be taken by all applicants for real estate licensing
are administered by an independent testing company
the operation of the commission's activities that administered by an executive
director specifically hired for that purpose
In Delaware all of the following would be grounds for revoking a broker's
license: - ✔✔being convicted of a felony in Delaware
advertising in a newspaper that he or she is a member of the Delaware
Association of real estate professionals when in fact he or she is not
depositing escrow money in his or her personal checking account
Being declared mentally incompetent
helping another person cheat on the licensing exam
displaying a for sale sign on a property without the owner's consent
Page 3 of 20
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT