Delaware Real Estate Commission UPDATED ACTUAL Exam Questions and CORRECT Answers

Delaware Real Estate Commission
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Delaware Real Estate Commission Members - CORRECT ANSWER - 9 members
appointed by the Governor - 5 real estate professionals, 4 members from the public at large. All
members must have resided in Delaware for 5 years or longer directly prior to their appointment.


How long must Brokers in the DE Real Estate Commission be licensed? - CORRECT
ANSWER - 5 or more years


Who are the 5 Real Estate Professionals that are appointed to the DE Real Estate Commission? -
CORRECT ANSWER - 3 Brokers (1 from each county), 1 Associate Broker, and 1
Salesperson. Broker and Associate must have held active license for 5 or more years and
Salesperson must have held active license for 4 or more years


Who are the 4 members from the public at large that are appointed to the DE Real Estate
Commission? - CORRECT ANSWER -


How long do members serve in the Delaware Real Estate Commission? - CORRECT
ANSWER - Members serve 3 years and may be reappointed to serve an additional term. In
case of vacancy, the governor may appoint someone to serve the remainder of the vacating
member's term.


Do members in the Delaware Real Estate Commission get paid to serve? - CORRECT
ANSWER - Members earn $50 per meeting they attend, up to a maximum of $500 (or 10
meetings) annually.


Purpose of the Delaware Real Estate Commission - CORRECT ANSWER - The Delaware
Real Estate Commission enforces license law by maintaining minimum standards of licensee
competency. If a violation occurs, the commission will investigate the complaint, hold a hearing,
allow for an appeal, and impose sanctions as it deems necessary.