DELAWARE REAL ESTATE COMPREHENSIVE EXAM
2026/2027 QUESTIONS AND SOLUTIONS RATED A+
✔✔The Residential Mortgage Foreclosure Mediation Program helps homeowners facing
foreclosure by offering _____.
Free mediation between homeowners and lenders
Loan modification services
No cost refinancing
Short-term loans - ✔✔Free mediation between homeowners and lenders
✔✔An installment sales contract is also known as a _____.
Contract for deed
Installment land contract
Provisional contract
Residential purchase contract - ✔✔Installment land contract
✔✔Who's responsible for paying for recording documents to clear all defects from the
title?
The buyer
The lender
The seller
The title company - ✔✔The seller
✔✔Under the terms of a Delaware commercial lease, tenants' property and goods can
be seized and sold to pay past due rent not to exceed _________.
18 months
One year
Six months
Two years - ✔✔One year
✔✔The Delaware Agreement of Sale for Unimproved Land stipulates that the buyer
must receive information about any agricultural leases the property is subject to, along
with ______.
An addendum waiving rental payments from the lease holder according to the Delaware
Agricultural Leases Act
Provisions of the Delaware Agricultural Leases Act related to lease renewal
Provisions of the Delaware Landlord/Tenant Act related to agricultural lease terms
The opportunity to cancel any current agricultural leases upon closing - ✔✔Provisions of
the Delaware Agricultural Leases Act related to lease renewal
✔✔In Delaware, a notice to buyers encouraging them to confirm access to sewer and
water facilities on unimproved land must appear in the ______.
Agreement of sale
, MLS details for the property
Seller's Disclosure of Real Property Condition Report
Title insurance abstract - ✔✔Agreement of sale
✔✔Where must the disclosure pertaining to CMAs that begins, "Notwithstanding any
language to the contrary contained herein, this Competitive Market Analysis is NOT an
appraisal ..." be listed on the CMA?
At the bottom
At the top
Immediately after the estimated price
Near the signature - ✔✔Immediately after the estimated price
✔✔Donna, a Delaware licensee, has entered into a common law agency relationship
with Chip, who's interested in selling his single-family home. In order for this to be legal,
which of the following must be true?
Donna must only disclose this agency relationship to Chip.
Donna's brokerage exclusively practices dual agency.
Donna's brokerage exclusively practices single agency.
Donna's broker gave her written permission. - ✔✔Donna's brokerage exclusively
practices single agency.
✔✔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 15-unit residential condominium complex with a hot tub but no pool
A unit in a bustling residential complex with three pools, two tennis courts, and 200 units
A unit in an office condominium complex
A unit in the Argent Rest Home complex, a continuing care facility - ✔✔A unit in a
bustling residential complex with three pools, two tennis courts, and 200 units
✔✔Delaware licensee Ralph buys a pesticide, and without bothering to read the
application instructions, he liberally applies it in and around all the properties listed with
him. Which of the following is true of this situation?
Negligent or careless pesticide application is illegal, and Ralph could face fines of up to
$2,500 per violation.
Since Ralph didn't register with the DDA first, he could face fines of up to $500 per
violation.
This is legal, as long as he has the homeowners' permission to do so.
This is legal with the homeowners' permission and signed waivers. - ✔✔Negligent or
careless pesticide application is illegal, and Ralph could face fines of up to $2,500 per
violation.
✔✔Mike, a Delaware licensee, is sitting down with a potential buyer for their first
scheduled appointment. What must he make sure they do when he meets with her?
Get pre-approved.
2026/2027 QUESTIONS AND SOLUTIONS RATED A+
✔✔The Residential Mortgage Foreclosure Mediation Program helps homeowners facing
foreclosure by offering _____.
Free mediation between homeowners and lenders
Loan modification services
No cost refinancing
Short-term loans - ✔✔Free mediation between homeowners and lenders
✔✔An installment sales contract is also known as a _____.
Contract for deed
Installment land contract
Provisional contract
Residential purchase contract - ✔✔Installment land contract
✔✔Who's responsible for paying for recording documents to clear all defects from the
title?
The buyer
The lender
The seller
The title company - ✔✔The seller
✔✔Under the terms of a Delaware commercial lease, tenants' property and goods can
be seized and sold to pay past due rent not to exceed _________.
18 months
One year
Six months
Two years - ✔✔One year
✔✔The Delaware Agreement of Sale for Unimproved Land stipulates that the buyer
must receive information about any agricultural leases the property is subject to, along
with ______.
An addendum waiving rental payments from the lease holder according to the Delaware
Agricultural Leases Act
Provisions of the Delaware Agricultural Leases Act related to lease renewal
Provisions of the Delaware Landlord/Tenant Act related to agricultural lease terms
The opportunity to cancel any current agricultural leases upon closing - ✔✔Provisions of
the Delaware Agricultural Leases Act related to lease renewal
✔✔In Delaware, a notice to buyers encouraging them to confirm access to sewer and
water facilities on unimproved land must appear in the ______.
Agreement of sale
, MLS details for the property
Seller's Disclosure of Real Property Condition Report
Title insurance abstract - ✔✔Agreement of sale
✔✔Where must the disclosure pertaining to CMAs that begins, "Notwithstanding any
language to the contrary contained herein, this Competitive Market Analysis is NOT an
appraisal ..." be listed on the CMA?
At the bottom
At the top
Immediately after the estimated price
Near the signature - ✔✔Immediately after the estimated price
✔✔Donna, a Delaware licensee, has entered into a common law agency relationship
with Chip, who's interested in selling his single-family home. In order for this to be legal,
which of the following must be true?
Donna must only disclose this agency relationship to Chip.
Donna's brokerage exclusively practices dual agency.
Donna's brokerage exclusively practices single agency.
Donna's broker gave her written permission. - ✔✔Donna's brokerage exclusively
practices single agency.
✔✔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 15-unit residential condominium complex with a hot tub but no pool
A unit in a bustling residential complex with three pools, two tennis courts, and 200 units
A unit in an office condominium complex
A unit in the Argent Rest Home complex, a continuing care facility - ✔✔A unit in a
bustling residential complex with three pools, two tennis courts, and 200 units
✔✔Delaware licensee Ralph buys a pesticide, and without bothering to read the
application instructions, he liberally applies it in and around all the properties listed with
him. Which of the following is true of this situation?
Negligent or careless pesticide application is illegal, and Ralph could face fines of up to
$2,500 per violation.
Since Ralph didn't register with the DDA first, he could face fines of up to $500 per
violation.
This is legal, as long as he has the homeowners' permission to do so.
This is legal with the homeowners' permission and signed waivers. - ✔✔Negligent or
careless pesticide application is illegal, and Ralph could face fines of up to $2,500 per
violation.
✔✔Mike, a Delaware licensee, is sitting down with a potential buyer for their first
scheduled appointment. What must he make sure they do when he meets with her?
Get pre-approved.
