Delaware License Law
In Delaware, what is the 'Guaranteed Sales Plan' or 'guaranteed sale' disclosure requirement?
AA broker must disclose in writing all conditions and terms when offering to guarantee a sale price✓ Correct
BAll listings must include a minimum guaranteed sale price
CA broker must refund the commission if the property doesn't sell at the listed price
DSellers must be guaranteed at least one offer within 90 days
Explanation
Delaware requires brokers who offer guaranteed sale programs (where the broker guarantees to buy the property if not sold by a certain date) to provide full written disclosure of all terms, conditions, and the relationship between the parties.
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