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Subchapter I. General Provisions
§ 2900. Objectives. - (a) The primary objective of the Delaware Real Estate Commission,...
§ 2901. License requirements; exemptions. - (a) No person shall engage in the practice of providing...
§ 2902. Definitions. - (a) As used in this chapter: (1) “Associate broker” means...
§ 2903. Real Estate Commission; appointments; qualifications; terms of office; vacancies; suspension or removal; unexcused absences; compensation. - (a) There is created the Delaware Real Estate Commission, which...
§ 2904. Organization; meetings; officers; quorum. - (a) In the same month of each year, the members...
§ 2905. Records. - The Division shall keep a register of all approved applications...
§ 2906. Powers and duties. - (a) The Commission shall have the authority to: (1) Formulate...
§ 2907. Qualifications of applicant; application; examination; report to Attorney General; judicial review [Effective until Jan. 1, 2023]. - (a) All applicants shall meet the following conditions: (1) Shall...
§ 2907. Qualifications of applicant; application; examination; report to Attorney General; judicial review [Effective Jan. 1, 2023]. - (a) All applicants shall meet the following conditions: (1) Shall...
§ 2908. Fees. - The amount to be charged for each fee imposed under...
§ 2909. Reciprocal licensure. - (a) Upon payment of the appropriate fee and submission and...
§ 2910. Issuance and renewal of licenses; additional licenses; reinstatement. - (a) The Commission shall issue a license to each applicant...
§ 2911. Complaints. - All complaints shall be received and investigated by the Division...
§ 2912. Grounds for discipline. - (a) A licensee shall be subject to disciplinary sanctions set...
§ 2913. Hearing procedures. - (a) If a complaint is filed with the Commission pursuant...
§ 2914. Disciplinary sanctions. - (a) The Commission may impose any of the following sanctions,...
§ 2915. Temporary suspension pending hearing. - (a) In the event of a formal or informal complaint...
§ 2916. Reinstatement of a suspended license or issuance of a new license after revocation; removal from probationary status. - (a) Where a license has been suspended due to the...
§ 2917. Effect of revocation of broker's license. - The revocation of a broker's license shall automatically suspend every...
§ 2919. Maintenance of place of business; office permits. - (a) The broker shall maintain an office approved by the...
§ 2920. Notice of change in location of business; new license. - Notice in writing shall be given to the Commission by...
§ 2921. Notice and procedure on termination of licensee's employment; new license as prerequisite to resumption; inactive status. - (a) When any licensee is terminated by the broker or...
§ 2922. Real Estate Guaranty Fund. - (a) The Commission shall establish and maintain a Real Estate...
§ 2923. Deposits and escrow accounts; accounting; records inspection and audit. - (a) Every broker shall establish and maintain an escrow account...
§ 2924. Penalties. - A person not currently licensed under this chapter when guilty...
§ 2925. Enforcement. - The Commission may report an individual for violation of this...
Subchapter II. Business Relationships
§ 2926. Applicability. - This subchapter applies to licensees in their business relationships with...
§ 2927. Certain psychological impacts not material facts. - (a) The fact or suspicion that a property might be...
§ 2928. Internet and World Wide Web. - Entering a name and email address on an Internet or...
§ 2929. Financial information. - Licensees do not have a duty to conduct an independent...
§ 2930. Compensation. - (a) Written brokerage agreements. — Nothing in this chapter obligates...
§ 2931. Competitive market analysis (“CMA”). - A competitive market analysis is not an appraisal. A licensee...
§ 2932. Common law of agency. - (a) For transactions where the consumer hires a broker as...
§ 2933. Statutory agency. - (a) The common law of agency relative to brokerage relationships...
§ 2934. Commencement and termination of duties. - (a) Commencement of duties for a statutory agent. — The...
§ 2935. Duty to cooperate. - (a) Licensees shall cooperate with all other licensees involved in...
§ 2936. Broker, associate broker and salesperson as a statutory agent. - (a) Unless specifically hired as a common law agent by...
§ 2937. Vicarious liability; protections when working with a statutory agent. - (a) A customer or client shall not be liable for...
§ 2938. Consumer information statement; confidentiality. - (a) The Commission shall establish by rule and regulation a...
§ 2939. Limitations on local business licensing requirements, fees and taxes. - (a) A county, municipality, or other political subdivision of the...