Agency
The brokerage disclosure form required in Delaware must be signed by the consumer:
AOnly at closing
BBefore or at the time of signing a representation agreement✓ Correct
COnly if the transaction involves more than $1 million
DNever—it is for the agent's records only
Explanation
Delaware requires that the brokerage disclosure form be provided and acknowledged (signed) by the consumer at or before entering into a representation agreement, ensuring informed consent.
Related Delaware Agency Questions
- What is a 'short sale' and what agency obligations does it create for Delaware agents?
- The procuring cause of a sale determines who is entitled to:
- A seller's agent in Delaware owes which of the following duties to the buyer?
- What does the Delaware term 'ministerial acts' mean in the context of a transaction broker?
- In Delaware, which of the following would most likely terminate a listing agreement by operation of law?
- An agent's duty to the principal continues after closing regarding:
- What does 'ratification' mean in a Delaware real estate agency context?
- A buyer's agent in Delaware who learns their client has criminal background issues that might cause the seller to reject their offer must:
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →