Exam (elaborations)
Delaware Real Estate Exam Questions and Answer latest update.
Course
Delaware Real Estate
Institution
Delaware Real Estate
Delaware Real Estate Exam Questions and Answer latest update.
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August 19, 2024
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Institution
Delaware Real Estate
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Delaware Real Estate
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Delaware Real Estate Exam Questions
and Answers
What .are .the .DE .specific .protected .classes? .- .(correct .answer) .-Creed
Age
Income
Marital .status
Gender .identity
Sexual .orientation
What .are .the .3 .required .disclosures .for .DE? .- .(correct .answer) .-Radon
Lead .paint
Real .property .condition
For .property .description .we .use... .- .(correct .answer) .-Lot .and .block .and .metes .and .bounds
the .redemption .period .for .tax .monition .sales .in .DE .is .- .(correct .answer) .-90 .days
DE .is .a .__________ .theory .state .- .(correct .answer) .-lien
DE .deeds .have .to .be .- .(correct .answer) .-acknowledged
in .DE .transfer .tax .is .the .highest .at .___% .if .the .purchase .price .- .(correct .answer) .-4% .= .2.5% .state .
+ .1.5% .City/County
requires .lease .agreements .for .more .than ._______________ .to .be .in .writing .to .be .enforceable .- .
(correct .answer) .-1 .year
In .DE .a .contract .cannot .be .executory .for .longer .than .- .(correct .answer) .-6 .months
, in .order .to .qualify .for .the .senior .citizen .property .tax .exemption, .one .must .be .- .(correct .answer) .-65
.or .over
DE .has .license .reciprocity .agreements .with .what .states? .- .(correct .answer) .-all .states
statute .of .limitations .for .a .breach .of .a .real .estate .contract .lawsuit .is .- .(correct .answer) .-3 .years
if .a .landlord .accepts .cash .payment .for .rent, .the .landlord .shall, .within .how .many .days .give .a
tenant .a .receipt? .- .(correct .answer) .-15 .days
How .long .must .a .landlord .wait .before .charging .a .late .fee .on .rent? .- .(correct .answer) .-5 .days
If .a .tenant .does .not .remove .their .personal .property .by .the .end .of .their .lease .when .can .the .landlor
d .dispose .of .it? .- .(correct .answer) .-7 .days
The .real .estate .license .laws .administered .by .- .(correct .answer) .-The .Real .Estate .Commission
Delaware .Real .Estate .Commission .has .the .authority .to .- .(correct .answer) .-make .an .enforce .the .rules
.by .which .all .real .estate .licensees .must .abide
Delaware .real .estate .commission .may .undertake .an .investigation .of .a .licensee .based .on .all .the .follo
wing .grounds .- .(correct .answer) .-it's .own .initiative
emotion .from .the .members .of .the .commission
a .written .complaint .submitted .by .a .disgruntled .customer
The .Delaware .Real .Estate .Commission .- .(correct .answer) .-
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: .- .
(correct .answer) .-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