Delaware License LawIntermediateDelaware Exam
What is 'delegation' of duties in Delaware real estate agency?
AAn agent transferring their license to a broker
BWhen a broker delegates certain activities to a salesperson or other licensee under their supervisionCorrect
CA buyer authorizing an agent to sign all documents on their behalf
DSimply the Delaware Real Estate Commission formally delegating its own enforcement actions directly to local police departments
Why When a broker delegates certain activities to a salesperson or other licensee under their supervision Is Correct
Answer B: When a broker delegates certain activities to a salesperson or other licensee under their supervision
Delegation in real estate agency occurs when a broker assigns specific tasks to supervised licensees. The broker cannot delegate duties requiring personal judgment (e.
Key Delaware License Law Terms in This Question
People Also Study
Related Delaware Questions
- In a designated agency arrangement in Delaware, two licensees from the same firm each represent one party. The broker:Agency
- A contingency clause in a purchase agreement:Contracts
- What is 'accountability' as a fiduciary duty in Delaware real estate agency?Agency
- Which of the following is an example of a 'ministerial act' a Delaware licensee may perform without creating an agency relationship?Agency
- A Delaware home purchase contract includes a mortgage contingency requiring the buyer to obtain financing at 7% or lower. If rates rise to 7.5% and the buyer cannot qualify, what happens?Contracts
- What is a 'fiduciary' and what makes the real estate agency relationship a fiduciary relationship in Delaware?Agency
- Which agency regulates real estate licenses in Delaware?Delaware License Law
- Under Delaware law, an unlicensed personal assistant working for a real estate broker may:Delaware License Law
Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
Math Concepts
State-Specific Concepts
License Law
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →