Delaware License LawIntermediateDelaware Exam
In Delaware, may a real estate salesperson collect a commission directly from a buyer without going through the broker?
AYes, if the buyer signs a direct payment authorization
BNo, all compensation must flow through the sponsoring brokerCorrect
CYes, for buyer's agent commissions only
DYes, for referral fees under $500
Why No, all compensation must flow through the sponsoring broker Is Correct
Answer B: No, all compensation must flow through the sponsoring broker
Under Delaware license law, salespersons may only receive compensation through their sponsoring broker. Direct payment from any party to a salesperson without broker intermediation is prohibited and is a license violation.
Key Delaware License Law Terms in This Question
People Also Study
Related Delaware Questions
- Under Delaware law, a real estate salesperson license is issued by the Commission only after the candidate:Delaware License Law
- Under Delaware law, a licensed salesperson may receive compensation for real estate services from:Delaware License Law
- A Delaware salesperson may advertise property in their own name WITHOUT identifying their broker. True or False?Delaware License Law
- A Delaware salesperson earns $72,000 per year in commissions. Their broker takes 35% and the agent keeps 65%. If they sold properties at an average commission of $7,200 per transaction, how many transactions did they close?Real Estate Math
- A Delaware property owner who dies intestate (without a will) has their property distributed according to:Property Ownership
- Under Delaware law, a salesperson who wants to upgrade to a broker license must have how many years of active experience as a salesperson?Delaware License Law
- Which fiduciary duty obligates an agent to promptly deliver all offers and information relevant to the transaction?Agency
- A property appreciated 8% per year for 3 years. If the original value was $200,000, what is it now worth (compound appreciation)?Real Estate Math
Key Terms to Know
Math Concepts
State-Specific Concepts
License Law
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →