Delaware License LawIntermediateDelaware Exam
Under Delaware law, a real estate salesperson who negotiates a lease of commercial property for two years is performing a licensed act that requires:
ANo license because the lease term is under 3 years
BA real estate license because commercial lease negotiations for compensation require licensingCorrect
CA separate commercial leasing license
DOnly a business license from the county
Why A real estate license because commercial lease negotiations for compensation require licensing Is Correct
Answer B: A real estate license because commercial lease negotiations for compensation require licensing
In Delaware, negotiating leases of real property for compensation — whether residential or commercial, regardless of lease term — requires a real estate license.
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