Delaware Practice TestEscrow & Title

Delaware Escrow & Title
Practice Questions & Answers (2026)

Escrow, title, and closing questions on the Delaware exam test how real estate transactions are closed, how title is transferred, and what happens at settlement. Delaware requires a licensed attorney to conduct real estate closings — unlike escrow states — which shapes how these questions are framed on the DE exam. Title insurance, title searches, and the difference between standard and extended coverage policies are tested, as are the specific closing costs that are customarily paid by buyers vs. sellers under Delaware practice.

Practice Questions

Delaware Escrow & Title — Practice Questions & Answers

128 questions on Escrow & Title from the Delaware real estate question bank. First 10 are free — sign up to unlock all 128.

Q1. In Delaware, transfer taxes on a real estate sale are:

A.Paid only by the buyer
B.Paid only by the seller
C.Typically split equally between the buyer and seller
D.Paid only if the property is a commercial transaction

Explanation

In Delaware, the realty transfer tax (state and county combined) is customarily split equally between the buyer and the seller, although the parties may negotiate otherwise.

Q2. A special warranty deed in Delaware warrants title only against defects arising:

A.At any time in the property's history
B.Before the grantor acquired the property
C.During the period the grantor owned the property
D.After the grantor conveys the property

Explanation

A special warranty deed provides a limited warranty — the grantor only warrants title against defects that arose during their ownership of the property. It does not warrant against defects that existed before they took title.

Q3. Which type of deed provides NO warranties of title?

A.General warranty deed
B.Special warranty deed
C.Quitclaim deed
D.Bargain and sale deed

Explanation

A quitclaim deed conveys only whatever interest the grantor currently holds (if any) with no warranties. It is often used to clear title defects, transfer property between family members, or correct errors in prior deeds.

Q4. In a Delaware real estate closing, the HUD-1 or Closing Disclosure shows:

A.The appraised value and assessment of the property
B.All financial details of the transaction including credits, debits, and closing costs for both parties
C.The results of the home inspection
D.The zoning classification of the property

Explanation

The Closing Disclosure (formerly the HUD-1 Settlement Statement) is a detailed accounting of all financial aspects of the real estate transaction, including the purchase price, loan amount, credits, prorations, and closing costs allocated to each party.

Q5. Delaware is known as a(n) _____ state because an attorney must conduct the real estate closing.

A.Escrow state
B.Attorney closing state
C.Title company state
D.Notary state

Explanation

Delaware is an attorney closing state, meaning a licensed attorney must preside over real estate closings. This distinguishes it from escrow states where title companies or escrow officers handle closings.

Q6. Title insurance protects against:

A.Future damage to the property
B.Defects in the title that existed before the policy date
C.Environmental contamination discovered after closing
D.Changes in property value after purchase

Explanation

Title insurance protects against losses arising from defects in title that existed prior to the policy date, such as undisclosed liens, forged deeds, or errors in public records.

Q7. An owner's title insurance policy in Delaware is typically purchased by:

A.The lender
B.The buyer or seller, as negotiated
C.The Delaware Real Estate Commission
D.The listing broker

Explanation

While customs vary, owner's title insurance in Delaware is typically negotiated as part of the purchase agreement; either party may pay depending on the contract terms.

Q8. Earnest money deposited in a Delaware real estate transaction must be held in:

A.The broker's operating account
B.A federally insured escrow or trust account
C.A personal bank account of the agent
D.A government-administered escrow fund

Explanation

Delaware law requires that earnest money and other client funds be deposited in a federally insured escrow or trust account, kept separate from the broker's operating and personal accounts.

Q9. A cloud on title refers to:

A.A clean and unencumbered title
B.Any claim, lien, or encumbrance that may impair the owner's title
C.Digital title records stored in the cloud
D.A title transferred through an electronic platform

Explanation

A cloud on title is any outstanding claim, lien, encumbrance, or defect that makes the title uncertain or unmarketable. A title search and quiet title action may be needed to resolve it.

Q10. In Delaware, a deed is officially recorded at the:

A.Delaware Real Estate Commission
B.Office of the Recorder of Deeds in the county where the property is located
C.Delaware Supreme Court
D.Delaware Department of Finance

Explanation

In Delaware, deeds and other real property instruments are recorded at the Office of the Recorder of Deeds in the county (New Castle, Kent, or Sussex) where the property is located.

Q11. The purpose of a title search is to:

A.Determine the market value of the property
B.Examine public records to verify ownership and identify encumbrances
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