Delaware License Law
What is required of a Delaware licensee regarding the 'Seller Disclosure of Real Property Condition Act'?
ALicensees are responsible for completing the seller disclosure form on behalf of the seller
BLicensees must inform sellers of their disclosure obligation, provide the appropriate form, and ensure it is delivered to buyers — but the licensee cannot complete it on the seller's behalf as it requires personal knowledge✓ Correct
CLicensees only need to ensure disclosure forms are completed for properties built before 1978
DDisclosure forms are only required for commercial property transfers in Delaware
Explanation
Delaware's Seller Disclosure Act requires sellers to disclose known material defects. The listing agent's role is to inform sellers of the requirement, provide the disclosure form, ensure it is completed by the seller (not the agent), and deliver it to prospective buyers. The agent cannot fill it out because it requires the seller's personal knowledge of the property's condition.
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