Delaware State Broker Real Estate Exam

DE Broker Practice Exam

Our Delaware Broker Real Estate Exam Prep guide will have you quickly prepared for your upcoming Delaware Broker License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Delaware’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

Give Me Access to Delaware State Broker Real Estate Exam

90 Day Money Back Guarantee On Our Real Estate Exam Prep

What Do I Get with the Delaware State Broker Real Estate Exam?

Instant Access to All Exam Prep Materials
A 100 Percent Money-Back Guarantee that You Will Pass
90 Days of Access to the System
Committed Customer Support
All Materials Updated for 2020 Regulations

Instant Results

Instant results on each question so you know your strength's and weaknesses!

Instant Results
Works on Any Device
Easy to Use

How Our System Works



Get Access to Real Estate Prep Guide	Study and Improve on Your Weak Areas	Pass Your Exam!

Get Access to Real Estate Prep Guide

Study and Improve on Your Weak Areas

Pass Your Exam!

Delaware License Requirements

Meet an experience requirement by having practiced real estate as a licensee for a continuous period of five (5) years immediately prior to applying for the license and have accrued at least 30 qualified sales transactions within the past five (5) years.
Complete a 99 hour broker’s course accredited by the Delaware Real Estate Commission.
Pass the two part standardized broker licensing examination which is administered by a professional testing service.
Submit the original application distributed by the testing service upon successful completion of the examination to the Commission within one year of the completion of the broker course. The pro-rated license fee payable to the “State of Delaware”, a copy of your broker course certificate, and any other documentation listed on the application must be included with your application in addition to a current original personal credit report from a major credit reporting bureau, and a list of 30 sales transactions made within the last five (5) years certified by the broker of record at the time of the transactions. The format for the list of sales includes the buyers’ and sellers’ names, address of the property, type of property, price, date of settlement, and signature of the broker of record.
Submit an affidavit that the applicant has not engaged in any acts or offenses that would be grounds for discipline pursuant to 24 Del. C., Chapter 29, 2907(a)(4).

Delaware Sample Practice Real Estate Exam Questions and Answers

Delaware State Section

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you.

Start

Congratulations - you have completed Delaware State Section. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

Does Delaware have Homestead Laws?

A	No
B	Yes

Question 2

Which of the following isn't part of a deed?

A	Premises
B	Habendum
C	Acknowledgement
D	Novation

Question 3

In Delaware, who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Lessee
B	Agent
C	Lessor
D	Seller

Question 4

Which of the following is required for an Delaware applicant to obtain a Real Estate License?

A	Must have lived in the state for 2 years
B	Must sit and pass the exam
C	Must have Bachelors Degree
D	Must be at least 25 years old

Question 5

Which is NOT necessary for a valid contract?

A	acceptance
B	legal object
C	offer
D	due date

Question 6

How often is continuing education due?

A	every 3 years.
B	every 2 years.
C	every year.
D	every 4 years.

Question 7

Does Delaware recognize Holographic wills?

A	Yes
B	No

Question 8

What term means "going to the state?"

A	escheat
B	Police Power
C	Taxation
D	Eminent Domain

Question 8 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 9

How many continuing education hours are required?

A	21
B	12
C	15
D	25

Question 10

In order to obtain a Delaware Real Estate License you must have a high-school diploma or equivalent?

A	False
B	True

Question 11

Does Delaware have Reciprocity states?

A	No
B	Yes

Question 12

Mortgage "discount" points only apply if which of the following conditions are met?

A	The seller has agreed to pay 1% of the closing costs
B	The interest rate on the mortgage loan has been lowered by 2% for each point charged
C	The interest rate on the mortgage loan has been lowered by 1% for each point charged
D	The loan does not close and the buyer owes the lender for services rendered

Question 13

The Real Estate License Law is administered by:

A	Delaware Real Estate Commission
B	Department of Real Estate
C	Judicial Department
D	Delaware Real Estate Department

Question 14

Does Delaware allow Joint Tenancy or Tenancy by the entirety?

A	Joint Tenancy
B	Tenancy by the entirety
C	Neither
D	Both

Question 15

In Delaware, which of the following is a landlord's option for a tenant not paying rent?

A	lock out the tenant
B	shut off the power
C	shut off the gas
D	Unlawful detainer action in court

Question 16

Does Delaware have Dower laws?

A	Yes
B	No

Question 17

Which of the following would NOT put a sales person in jeopardy of losing their license in Delaware?

A	Depositing his/her clients escrow money into a personal account
B	Convicted of a felony
C	Being authorized to accept and excessive commission.
D	Placing an ad claiming to be a broker when they are not.

Question 18

Is Delaware a community property state?

A	No
B	Yes

Question 19

A Broker's license fee costs how much?

A	$150
B	$210
C	$266
D	$167

Question 20

In Delaware, standing trees would be considered:

A	Personal Property
B	Chattels
C	Real Property
D	Emblements

Question 21

A Salesperson license fee costs how much?

A	$100
B	$134
C	$120
D	$150

Question 22

In Delware, how soon can a broker receive a commission check after a closing?

A	Once the Buyers signs the offer sheet.
B	Once the Seller moves out.
C	When the Seller accepts the offer.
D	Once the transaction is completed and funded.

Question 23

In what circumstances, if any, can a broker in Delaware who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	Only when both buyer and seller have legal representation
B	Only when both buyer and seller give informed consent to this arrangement
C	In most circumstances, except when the buyer and seller are related
D	None; the broker may only collect compensation from one party to a transaction