Delaware License Law
A Delaware real estate licensee who wishes to engage in property development must:
AUse a separate license for development activities
BDisclose their licensee status to all parties in development transactions in which they have a personal interest✓ Correct
CObtain a contractor's license in addition to their real estate license
DObtain approval from the Commission for each development project
Explanation
When a Delaware licensee acts on their own behalf in a real estate transaction (such as development), they must disclose their licensed status to all parties involved.
Related Delaware Delaware License Law Questions
- What happens to a Delaware real estate license when the licensee fails to complete continuing education by the renewal deadline?
- What is a 'sponsoring broker' in Delaware?
- In Delaware, a broker who pays a referral fee to an unlicensed person is:
- In Delaware, may a real estate salesperson collect a commission directly from a buyer without going through the broker?
- Which of the following requires a Delaware real estate license?
- What is the Delaware Real Estate Commission's primary function?
- What is the purpose of the Delaware Real Estate Recovery Fund?
- What is the Delaware Real Estate Commission's authority regarding licensee discipline?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →