Delaware License LawIntermediateDelaware Exam
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 feeCorrect
CA licensed attorney conducting a real estate closing
DA homeowner selling their own home without an agent
Why An unlicensed person finding buyers for a developer's lots in exchange for a fee Is Correct
Answer B: An unlicensed person finding buyers for a developer's lots in exchange for a fee
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.
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