Property Management
A property manager in Delaware collects rent and manages the property for a fee. Under Delaware law, this activity:
ARequires a real estate license✓ Correct
BDoes not require a license if the manager works for a single owner
CRequires only a business license
DIs exempt from any licensing if the property is residential
Explanation
Property management activities (leasing, collecting rent, managing) performed for compensation for others in Delaware require a real estate license, unless the manager is a direct employee managing a single owner's properties.
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