Delaware Study guides, Class notes & Summaries

The Delaware Real Estate Commission - The Delaware Real Estate Commission is the ultimate enforcer of real estate laws and regulations in Delaware. Commission Members and Qualifications - -Composed of nine members, all appointed by the governor. -All commission members must have resided in Delaware for 5 or longer directly prior to their appointment. -Of the 9 members, 5 are real estate professionals: 3 brokers (one from each county), 1 associate broker, and 1 salesperson: -The brokers a...

Delaware Real Estate Law Final Exam Already Passed Loan to Value Ratio Amount of the loan vs value of real estate Who is the Devisee under a Will? Devisee under will is person who receives property under a will (maker of will is devisor) What are the Requirements for a valid deed in DE The deed has to be in writing The deed has to describe property with specificity The deed must have the name of grantor and grantee The deed must be signed and must be acknowledged(notarized) What are the ad...

Real Estate Exam Delaware Questions and Answers Already Passed Most residential real estate transfers require the seller to provide the buyer with this Seller's Disclosure of Real Property Condition Report Piper contracted with Alex to sell her Dover home to him for $350,000. If Alex breaches the sales contract, how long does Piper have to sue Alex for breach of contract? Eight years Four years Three years Which of the following statements accurately describes the written lease requirements ...

Most residential real estate transfers require the seller to provide the buyer with this - Seller's Disclosure of Real Property Condition Report Piper contracted with Alex to sell her Dover home to him for $350,000. If Alex breaches the sales contract, how long does Piper have to sue Alex for breach of contract? Eight years Four years - Three years Which of the following statements accurately describes the written lease requirements in Delaware? Lease agreements always have to be written...

Section 16: Delaware License Laws, Rules, and Regulations Questions and Answers 100% Pass The Delaware Real Estate Commission The Delaware Real Estate Commission is the ultimate enforcer of real estate laws and regulations in Delaware. Commission Members and Qualifications -Composed of nine members, all appointed by the governor. -All commission members must have resided in Delaware for 5 or longer directly prior to their appointment. -Of the 9 members, 5 are real estate professionals: 3 broke...

Real Estate Exam Delaware with complete solution Most residential real estate transfers require the seller to provide the buyer with this Seller's Disclosure of Real Property Condition Report Piper contracted with Alex to sell her Dover home to him for $350,000. If Alex breaches the sales contract, how long does Piper have to sue Alex for breach of contract? Eight years Four years Three years Which of the following statements accurately describes the written lease requirements in Delaw...

List at least 10 examples when ALS should be considered - Answer- - Altered LOC - Allergic reaction with difficulty breathing or swallowing - Cardiac symptoms - Cardiac arrest - Diabetic Problem - Multi-system trauma or severe single system trauma - OB/GYN - Overdose / poisoning - Respiratory distress / arrest / failure - Sudden Unexplained Infant Death - Seizures / convulsions - Entrapment with injuries that meet trauma triage criteria - Shock (Hypo perfusion) - Severe blood loss ...

Accelerated Benefits - correct answer Riders attached to life insurance policies which allow death benefits to be used to cover nursing home expenses or convalescent home expenses Accidental Death Benefits - correct answer A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death Accidental Death Insurance - correct answer An insurance policy that provides payment if the insured's death is the result of ...

Driver's Ed Final Exam Review (Delaware) Already Passed 1. What is the seatbelt law in Delaware? All occupants of a motor vehicle must be wearing a seat belt. 2. What does it mean to "leave yourself an out"? Always have a plan in case something goes wrong when driving 3. Is alcohol a depressant? Yes, alcohol is a depressant. 4. Is alcohol a depressant or stimulant? depressant 5. What happens to the pavement when it first starts raining? pavement gets slippery within the first half hour o...

Delaware RE State Exam Questions and Answers Rated A+ Delaware licensee Shane is representing John and Tiffany Smith, who are looking to buy their first home. When Shane presents their offer to the seller’s agent, he gets a funny feeling about the situation. When the seller rejects the Smith’s extremely reasonable offer without even countering, Shane feels certain there’s an element of discrimination involved based on race. Who should the Smiths and Shane go to with their suspicions? The ...