Delaware Real Estate Exam Prep

DE Salesperson Practice Exam

Our Delaware Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson 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.

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Delaware License Requirements

Complete a 99 hour prelicensing course accredited by the Delaware Real Estate Commission.
Pass the two-part standardized salesperson licensing examination. Following completion of the course, one is eligible to sit a maximum of three times for the two part standardized licensing examination administered by aprofessional 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 prelicensing course. The pro-rated license fee and the Guaranty Fund fee of $25.00 payable to the “State of Delaware”, a copy of your prelicensing course certificate, and any other documentation listed on the application must be included with your application.
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, section 2907(a)(4).

For more information on state requirements click here.

Delaware Sample Practice Real Estate Exam Questions and Answers

Delaware State Section

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Question 1

Does Delaware have Homestead Laws?

A	Yes
B	No

Question 2

A Salesperson license fee costs how much?

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

Question 3

Is Delaware a community property state?

A	Yes
B	No

Question 4

In Delaware, standing trees would be considered:

A	Real Property
B	Personal Property
C	Emblements
D	Chattels

Question 5

Does Delaware have Dower laws?

A	Yes
B	No

Question 6

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 gas
C	Unlawful detainer action in court
D	shut off the power

Question 7

How often is continuing education due?

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

Question 8

How many continuing education hours are required?

A	12
B	21
C	15
D	25

Question 9

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

A	False
B	True

Question 10

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 1% for each point charged
C	The interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The loan does not close and the buyer owes the lender for services rendered

Question 11

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

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

Question 12

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

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

Question 13

Does Delaware recognize Holographic wills?

A	Yes
B	No

Question 14

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 be at least 25 years old
C	Must sit and pass the exam
D	Must have Bachelors Degree

Question 15

The Real Estate License Law is administered by:

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

Question 16

Which is NOT necessary for a valid contract?

A	due date
B	legal object
C	offer
D	acceptance

Question 17

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

A	Habendum
B	Novation
C	Premises
D	Acknowledgement

Question 18

Does Delaware allow Joint Tenancy or Tenancy by the entirety?

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

Question 19

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

Question 20

A Broker's license fee costs how much?

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

Question 21

What term means "going to the state?"

A	escheat
B	Eminent Domain
C	Taxation
D	Police Power

Question 21 Explanation:

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

Question 22

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

A	Lessee
B	Agent
C	Seller
D	Lessor

Question 23

Does Delaware have Reciprocity states?

A	No
B	Yes

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