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.

How to Get Real Estate License in Delaware

Under the rules and regulations from the Delaware Real Estate Commission (DREC), you must complete 99 hours of approved pre-licensing coursework and pass the state’s examination. To guarantee that you will pass the Delaware real estate exam on your first try, make our professional real estate study guides and practice tests a part of your preparation.

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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).

Delaware Sample Practice Real Estate Exam Questions and Answers

Delaware State Section

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Question 1

What term means "going to the state?"

A	escheat
B	Taxation
C	Police Power
D	Eminent Domain

Question 1 Explanation:

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

Question 2

Does Delaware have Reciprocity states?

A	No
B	Yes

Question 3

Does Delaware have Dower laws?

A	No
B	Yes

Question 4

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

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

Question 5

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

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

Question 6

Does Delaware recognize Holographic wills?

A	No
B	Yes

Question 7

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

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

Question 8

Is Delaware a community property state?

A	No
B	Yes

Question 9

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 10

A Salesperson license fee costs how much?

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

Question 11

A Broker's license fee costs how much?

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

Question 12

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

A	Novation
B	Acknowledgement
C	Habendum
D	Premises

Question 13

In Delaware, standing trees would be considered:

A	Real Property
B	Chattels
C	Personal Property
D	Emblements

Question 14

Does Delaware allow Joint Tenancy or Tenancy by the entirety?

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

Question 15

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

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

Question 16

Which is NOT necessary for a valid contract?

A	acceptance
B	due date
C	legal object
D	offer

Question 17

How often is continuing education due?

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

Question 18

The Real Estate License Law is administered by:

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

Question 19

Does Delaware have Homestead Laws?

A	No
B	Yes

Question 20

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

A	False
B	True

Question 21

How many continuing education hours are required?

A	25
B	21
C	12
D	15

Question 22

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

A	Agent
B	Seller
C	Lessee
D	Lessor

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