Delaware License Law
Under Delaware law, which of the following activities constitutes 'practicing real estate' without a license?
AA trustee selling property under a court order
BAn unlicensed person finding buyers for a developer's lots in exchange for a fee✓ Correct
CA licensed attorney conducting a real estate closing
DA homeowner selling their own home without an agent
Explanation
An unlicensed person who finds buyers for properties and receives compensation is practicing real estate without a license, which is illegal in Delaware and subjects the individual to fines and other penalties.
Related Delaware Delaware License Law Questions
- A Delaware real estate salesperson who wishes to become a broker must have at least how many years of active licensee experience?
- What is 'commingling' of funds, and why is it prohibited under Delaware license law?
- What is the 'CAN-SPAM Act' and how does it affect Delaware real estate email marketing?
- The Delaware Real Estate Commission consists of how many members?
- When a licensee's license is suspended in Delaware, which statement is TRUE?
- A Delaware real estate license automatically expires if the licensee fails to:
- What is the purpose of Delaware's 'Brokerage Relationship Disclosure' form?
- What is the 'continuing education' requirement for Delaware real estate licensees, and what topics must be covered?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →