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Delaware Real Estate Exam Questions and Verified Answers | Rated A+

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Delaware Real Estate Exam Questions 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

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Delaware Real Estate Exam Questions
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

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