9.1.1.9 A copy of the individual instructor(s) approval(s) letter(s) issued by the Commission. The course sponsor or provider shall determine whether students may use electronic devices during the course. All fees are now securely processed in DELPROS (Delaware Professional Regulation Online Services). Failure to file within the appropriate time limit may be cause for rejection. Verification shall be in certificate form as set forth in subsection 9.6.4. Schools must supply the recruiting roster, on a Commission approved form, within seven (7) days of receiving a request from a broker. (2) One of the professional members shall be an associate broker. 5.21 Evaluation: At the conclusion of the course, the course coordinator shall conduct a student evaluation of the course, facilities, instructors and the coordination of the course on the form approved by the Commission. The evaluation summary report form shall be signed by any instructors who participated in the delivery of the course thus indicating each has had the opportunity to review the evaluation result. 12.5 Disciplinary actions for the second negative evaluation within the same (12) month period of the first negative evaluation: 12.5.1 A letter will be drafted to the instructor to advise them of the negative student reviews and the findings of the Committee. All rights reserved. Cities & Towns Voting & Elections Privacy Policy 2023 Convention and Expo. 4.3.1.4 The course software must include automatic shutdown after a ten minute period of inactivity. The primary objective of the Delaware Real Estate Commission is to protect the public from unsafe practices and practices which tend to reduce competition or fix prices for services. The Delaware Real Estate Commission has the governing powers to approve or disapprove educational course offerings and instructor approval and reserves the right to suspend or revoke the privilege of conducting any educational course to any course provider(s) or instructor(s) who fail to adhere to the educational guidelines as established by the Commission. Withholding Tax If you have any questions about licensing, please contact the. 8.2 An application for an individual student request for approval of an educational course (on forms approved by the Commission), including the course outline, instructor resume of a qualified instructor, and any other documentation that may be required, may be filed by the individual student with the Delaware Real Estate Education Committee within twelve (12) months. 5.22.1 Text covering principles and practices of real estate as selected by course provider, 5.22.2 Chapter 29, Title 24, Real Estate License Act, Delaware Code, 5.22.3 Rules and Regulations of the Delaware Real Estate Commission. 3.4.2 The Education Committee shall have the responsibility for reviewing all applications for pre-licensing and continuing education credit as well as review of instructor applicants, to insure that all applications satisfy the requirements. Documentation substantiating the candidates forty (40) years of membership (and one (1) year of service, as applicable) must be attached to the application. 5.13.9 Submission of course to Delaware Real Estate Commission for approval prior to offering course. A new examination shall be developed for students who request the retake. 5.9.2 Delaware Real Estate Sales Licensing requirements. Instructors will need to reapply by the approval expiration date and before teaching any further courses. For pricing details, refer to membership dues below in All Available Membership Forms. 6.5 Attendance: Where the course is given in a school, it is strongly recommended that students do not miss any sessions. 6.9.1.3 An individual knowledgeable in performing real estate business mathematics. Members serve 3 years and may be reappointed to serve an additional term. Business First Steps, Phone Directory Submit an application to the Delaware Real Estate Commission within one year of finishing the pre-licensing course and pay the required fees. 1 9.12 Prior to admitting a student, and accepting payment of tuition, a prelicensing school, for salespeople or brokers, shall provide the prospective student with written notice that a criminal history may impact or be a bar to licensure. If you have any questions about licensing, please contact the Delaware Real Estate Commission (DREC). 5.9 Orientation - One three (3) hour session consisting of: 5.9.1 Real estate Sales Pre-Licensing Course requirements. 5.1 Purpose: To provide the prospective licensee with the background necessary to: 5.1.1 Understand the basics of real estate sales, law and mathematics. 6.1.3 To prepare the experienced Delaware real estate sales agent to open an independent real estate brokerage firm and employ sales agents in his or her name. DELPROS offers you the opportunity to submit a license or non-license request via a Service Request. Privacy Policy Laws, c. 186, 1; 70 Del. of 13.7 Members of the Real Estate Commission who attend at least eighty percent (80%) of Commission meetings during a biennial licensure period may receive one hour of CE for each Commission . Transparency An instructor may only teach courses as approved by the Commission. Instructor attendance is not mandatory. 7.5 Completion of brokers licensing course. No person who has been appointed to the Committee shall again be appointed to the Committee until an interim period of at least one (1) year has passed since such person last served. Delaware Courts Translations, audio clips, and summaries are available. (b) The Commission shall consist of 9 members appointed by the Governor: 5 professional members, 3 of whom shall be licensed brokers, 1 associate broker, and 1 salesperson; and 4 public members. The court will then hear any evidence on record. The Delaware Real Estate Commission is responsible for setting the date and time of hearings regarding complaints against licensees. Membership. Elected Officials 4.3.1.9 Instructors of asynchronous learning must receive the Distance Education Instructor Certification from IDECC (or its successor), which is a subsidiary of ARELLO, and submit verification of the certification to the Commission. About. Development of standards for professional competency. 9.4 Advertising: Course sponsors or providers shall either advertise a course only after the course and all instructors have been approved by the Commission or specify clearly in the advertisement that approval is pending. 6.1.5 To prepare the Delaware real estate sales agent to successfully complete the Delaware real estate brokers licensing examination. The options have an estimated fair value of $6\$ 6$6 each. State Regulations In addition: 10.1.1 Instructors teaching salesperson pre-licensing must also comply with the requirements of subsection 5.14. More Info. If an interim vacancy should occur, the Commission shall appoint a person to fill the position for a full three (3) year term commencing with the date of appointment. 6.3.5.14 Other ways to finance - Bridge, Construction, etc. (f) A member of the Commission shall be suspended or removed by the Governor for misfeasance, nonfeasance, malfeasance, misconduct, incompetence or neglect of duty or for unprofessional or dishonorable conduct. In case of vacancy, the governor may appoint someone to serve the remainder of the vacating member's term. 5.19 Examinations: All examinations shall be developed by the respective educational institution and/or instructor. State Employees If an emergency arises, the "Chat" feature must be utilized to privately notify the instructor or monitor of the situation. Click HERE for Important Information for Licensees struggling with mental health or substance abuse issues To order electronic/hard copies of the Code of Ethics and other policy publications, please visit the REALTOR Store. If a violation occurs, the commission will investigate the complaint, hold a hearing, allow for an appeal, and impose sanctions as it deems necessary. Withholding Tax A public member shall have a high school diploma, or the equivalent, and shall have a minimum of five (5) years experience in a professional capacity, other than as a real estate licensee. 5.3 To prepare the prospective licensee for passing the real estate sales licensing examination for the State of Delaware. (b) The Commission shall consist of 9 members appointed by the Governor: 5 professional members, 3 of whom shall be licensed brokers, 1 associate broker, and 1 salesperson; and 4 public members. 6.6 Examinations: An end-of-course examination shall be developed and administered by the respective educational institution and/or instructor(s). 5.8 Where the course is given in a school, the time to be devoted to each topic is listed as hours. Any Questions? When a person wins a judgment against a licensee for any losses or damages due to theft, forgery, fraud, misrepresentation, or other deceit, the person may be awarded compensation. Click Submit to complete your submission. 4.4.1.10 Phone use and unrelated computer work during class is prohibited. The Committee usually meets the first Thursday of each month at 9:30 a.m. All meetings are open to the general public and are held in Conference Room A of the Cannon Building, [], Applications and requests for services (referred to as Service Requests) are processed in DELPROS, our online licensing portal. Personal Income Tax 3. The CE Course Approval request requires the following submissions. An amendment or revision of this chapter is not sufficient cause for any appointment or attempted appointment in violation of subsection (b) of this section, unless such amendment or revision amends this section to permit such an appointment. Such request for reconsideration shall be submitted to the Commission no later than 30 days after the date of the Commissions notification letter to the instructor. Laws, c. 366, 11; 67 Del. Precise definitions for attendance and examination completion are presented below. This online interactive course teaches you everything youll need to take the real estate licensing exam, using real-life inquiry-based scenarios. 4.4.1.6.1 Testing is required and may be administered through the use of a fillable form emailed to or posted for each student to complete at the time of the test and returned to the instructor within the allotted time. 5.11 Real Estate Law 33 Total Hours with sessions consisting of: 5.11.1 Real Estate License Laws, Rules and Regulations (3) hours, 5.11.2 Real Estate Interests, Legislative Update (3) hours, 5.11.3 Forms of Ownership (3) hours, 5.11.4 Legal descriptions and surveys, title transfers and title records (3) hours, 5.11.5 Real Estate Contracts including listings and real estate contracts including discussion of widely used form contracts (3) hours, 5.11.6 Financing limited to legal aspects, content of notes, bonds, mortgages, concepts of foreclosure (3) hours, 5.11.7 Leases including Delaware Landlord Tenant Code, Delaware Agricultural Lease Act (3) hours, 5.11.8 Subdivision, property development, zoning (3) hours, 5.11.9 Settlement procedures including examination of settlement sheet (3) hours, 5.11.10 Tax aspects of real estate including tax aspects of home ownership, tax deferral of exchanges, one time exclusion of gain, investment real estate, tax treatment of vacation homes, transfer tax (3) hours. An application that is incomplete when filed may not be considered to have been filed. Compute the cash received from the sale of its common stock during Year 2. a. Help Center The Education Committee may recommend a shorter or probationary approval where good cause for limited approval can be demonstrated. The course sponsor or provider shall determine whether students may use electronic devices during the course. 6.9.3 Except for a mathematics instructor, prior to making application, an applicant for approval to teach pre-licensing must have obtained at least 60 positive instructor evaluations within the 5 years immediately preceding application. 3.4.7 Notwithstanding any rule, regulation, or guideline to the contrary, members of the Education Committee who attend at least eighty percent (80%) of the meetings of the Education Committee during a biennial licensure period may receive one hour of continuing education for each meeting attended and said hour may be applied to any continuing education required for renewal. 3.4.5 The Education Committee shall undertake such other duties and responsibilities directly related to education as the Commission shall direct from time to time. Click GO on the Apply/Manage a License and Service Requests tile. State Regulations 9.10 At no time during periods of instruction, including breaks and the time immediately preceding or following instruction, shall any person involved in any approved real estate educational course, use, or attempt to use, the position of instructor, sponsor or provider etc., to solicit employees or licensees. 12.6.3 The recommendation shall be presented to the Real Estate Commission at the next scheduled meeting. How do I transfer a license? Get free summaries of new opinions delivered to your inbox! The Education Committee and the Real Estate Commission shall liberally construe the Module topic areas to include a broad range of subject matter relevant to real estate practices. 5.16 Successful Completion - Successful completion is defined as: (1) having attended, and (2) having successfully completed the real estate legal, sales and mathematics examinations. 4.4.1.11.4 Students should choose a location that provides privacy and a non-distracting atmosphere both for themselves and those viewing via video and may not share a room with others unless this has been approved in writing in advance by the course provider in conjunction with the instructor. 5.13 Coordinator: The institution or distance education program sponsoring the course shall appoint a course coordinator who shall have the following responsibilities: 5.13.1 Selection of instructors as required by these Guidelines, 5.13.2 Where the course is offered by a school, rather than by a distance education provider, selection of facilities as required by the Delaware Department of Education, 5.13.4 Coordination of orientation, math pretest, final examinations and retest examinations, 5.13.5 Coordination of required texts and reference material, 5.13.6 Issuance of course certificate of completion, 5.13.7 Dissemination of information concerning application to take the licensing examination administered by testing service, 5.13.8 Conduct evaluation of course, instructor, facilities and coordination, and to forward evaluation results to the Real Estate Commission within ten (10) days of completion of the education course. . 4.4.1 Various platforms may be used for delivery of synchronous learning (including but not limited to Zoom, GoTo Meeting and Adobe Connect). Election of said officers will be held in January. 5.14.1 The following three individuals, each of whom shall have at least five years experience in their area of expertise, are required for instruction of the course: 5.14.1.1 A Delaware attorney who has been practicing in the area of Delaware real estate law; 5.14.1.2 A practicing Delaware broker or Delaware associate broker; and. Bagwell's net income for the year ended December 31, Year 2 was $196,000. Explain how gridlock demonstrates a key characteristic of the U.S. government as envisioned by the framers. To meet these objectives, the Commission. All REALTORS are required to complete a minimum of 2.5 hours of approved Code of Ethics training per three-year cycle. 11.4 The Education Committee shall have the right to recommend to the Commission that an approved instructor lose their approval for the remainder of the approval period should the Education Committee determine that the instructor is not maintaining the standards and/or policies required in these Guidelines. The Real Brokerage has announced its expansion into Delaware, bringing its presence throughout the Eastern Seaboard.Real estate broker Ray Petkevis has been named the principal broker in Delaware. 5.2.1 To provide an overview of the real estate profession and to insure the prospective salesperson understands the application of professional ethics as applied to real estate transactions. Proof of current certification must be attached to the application for course approval submitted to the Education Committee. Click HERE for Important Information for Licensees struggling with mental health or substance abuse issues Dover, DE 19904 Related Topics: Department of State, professional regulation, Real Estate Commission, State of Delaware State Employees A request for reconsideration shall be submitted to the Commission no later than 30 days after the date of the letter setting forth the Commissions decision. 6.1.4 To present a review of basic real estate math. 4.3.1.6 The course provider must provide reasonable security to ensure that the student who receives credit for the course is the student who enrolled in and completed the course. 4.1 Prelicensing education and continuing education may be delivered in a traditional classroom setting or by distance learning, which may be asynchronous or synchronous. What happens when the Delaware Real Estate Commission receives a complaint? Excessive camera movement is distracting and may result in removal from class at the instructor's discretion. 9.6.2 Monitors are appointed to assist the course sponsors or providers and instructors. 6.2.2 To provide the prospective licensee with an understanding of: 6.2.2.1 Real property characteristics, definitions, ownership, restrictions and transfer, 6.2.2.2 Assessing and explaining property valuation and the appraisal process, 6.2.2.3 Contracts, agency relationships with buyers and sellers, and federal requirements, 6.2.2.4 Financing, the transaction and settlement, 6.2.2.5 Leases, rents, and property management, 6.2.2.6 The duties and powers of the Commission, 6.2.2.8 Statutory requirements governing the activities of licensees, 6.2.2.9 Other aspects of Delaware law which impact the real estate issues, 6.2.2.10 Broker issues including examination of records, eligibility for licensing, and place of business. C. 1953, 2902; 57 Del. You can purchase your 99-Hour Delaware Real Estate Pre-Licensing package from The CE Shop. Laws, c. 463, 1-4; 67 Del. A Service Request is a request for additional information or a standard change to your application, license, or profile. For more information regarding these new requirements, see the Commissions Rules and Regulations, Section 14.13 New Licensees. 11.2 An instructor may be approved in more than one subject or topic area for a period of two (2) calendar years. Personal Income Tax 4.4.1.8.1 The Student Evaluation Form must be sent to each student electronically for the student to complete within 24 hours after the end of class. "Asynchronous learning" means distance learning without the opportunity for real time interaction between the instructor and students. 5.18 Attendance: Where the course is given in a school, it is strongly recommended that students do not miss any sessions. Failure of the organization to provide this information may be grounds to suspend the approval of that course or educational course, in the absence of a showing of good cause for that failure. Students are not required to submit a separate application for Module 7 approval for courses in Modules 1 6. 12.6.5 Upon revocation a notice of such revocation shall be sent to all approved Course Providers. 12.3 When a Negative Instructor Evaluation is received by the Education Committee, the following shall occur: 12.3.1 After an initial review by Administrative Staff, it will be placed on the next scheduled Education Committee meeting agenda. Delaware Topics e. $51,100. This supplement to the Rules and Regulations of the Delaware Real Estate Commission shall set forth the Guidelines for all Real Estate Prelicensing Courses and Continuing Education as mandated under, 3.3.1 Each appointment shall be for three (3), 3.3.2 A majority of the members holding appointed office at any given time, 5.24 The License Law and the Rules and Regulations of the Commission are readily available on the Commission's web site at, 6.11 The License Law and the Rules and Regulations of the Commission are readily available on the Commission's web site at. Business Regulation Article 4-202 (a) The Commission consists of 5 members appointed by the Governor with the advice of the Secretary of Licensing and Regulation. This is a one-time fee unless the fund balance falls below $250,000, at which point an assessment will be required. 6.9.2.2 At least one approved instructor must be present when the specialist is providing instruction. 6.10.1 Text(s) covering broker aspects of real estate practice as selected by the course provider. "Synchronous learning" means distance learning that happens in real time where there is the opportunity for direct interaction between the instructor and students and where there is audio and visual connection between the instructor and students. Both licensees and CE course providers may request to have CE courses approved by the Real Estate Commission. 12.6 Disciplinary actions for the third negative evaluation within the same (12) month period of the first negative evaluation: 12.6.1 The Committee may recommend to the Real Estate Commission to revoke the instructors approved teaching status for a period up to 12 months. If the course type is for the Salesperson Prelicensing Course (at least 99-hrs), upload a copy of the current DE Department of Education School Certification. There is no retroactive approval process. Instructors are encouraged to use sample contracts, sample leases, and sample settlement sheets. An examination will be considered appropriate if it contains at least five multiple-choice questions for each hour of credit and requires a minimum passing score of 80 percent. Such request for reconsideration shall be submitted to the Commission no later than 30 days after the date of the denial letter. A professional member shall also demonstrate past or present interest and experience in real estate educational activities and familiarity with the Real Estate Commission's licensing law (Chapter 29 of Title 24 of the Delaware Code) and rules and regulations. Delaware State Code State Agencies 4.4.1.1.1 Students are required to have a device that has reliable internet access, video camera and working speakers so that they may interact in the class and their engagement can be monitored at all times. May 10, 2023 SCAOR Affiliate Meeting. (3) hours, 5.12.5 Real estate geometry (area, volume) and the computation of heated square footage; calculation of depreciation, appreciation, and appraisal mathematics (market comparison vs. cost approach vs. income approach) (3) hours, 5.12.6 Computation of cash needed by buyer at closing and monies received by seller at closing (3) hours. The Commission may need to review and approve your application for licensure and will only review a complete application. Any recommendation for non-approval shall be accompanied by a specific reason. The Committee usually meets the first Thursday of each month at 9:30 a.m. All meetings are open to the general public and are held in Conference Room A of the Cannon Building The Delaware Real Estate Commission is a sub-agency within the _____ that enforces the Delaware Professions and Occupations Code with respect to real estate brokers and salespeople.. If approval is recommended with regard to continuing education, the Committee shall indicate the number of full credit hours for the course. How do I reactivate an inactive Salesperson license? 4.4.1.4.2.4 Students must be visible on camera at all times during the class to receive credit. Public Meetings The Commission issues licenses to real estate brokers, associate brokers and salespersons. Jack was a former vestry member of All Saints' Church, chairman of the Delaware Real Estate Commission, member of the Sussex County REALTORS Hall of Fame, and a director of J.G. Verification shall be in certificate form as described in subsection 9.6.4. When a student successfully completes the course, give the student a certificate containing the minimum information listed in the, Within 15 days of completing the activity, the course provider must provide the following information to the Commission Office, see, List of participants including their real estate license numbers (if applicable), Copy of each students course and instructor evaluation form, List of comments from the course/instructor evaluation forms, Course Provider Evaluation Reporting Form. All members shall have been residents of the State for at least 5 years immediately prior to such appointment. Whether you work on the border of a county and belong to multiple MLSs or you only use one MLS system, Bright provides subscribers with access to listing information for a larger geographic area, modern, easy-to-use systems and apps to serve your clients and run your business. Scores for successful examination completion shall be mathematics, 70 percent correct; sales 70 percent correct; and legal, 70 percent correct. ), 6.3.7.11 Assessment, Property Taxes & Taxes, Transfers, 6.3.7.12 Tax aspects of buying and selling real estate (Highlights of current law). The written, signed acknowledgment shall include at minimum the following: I understand that a criminal history may impact or be a bar to licensure in the real estate profession. MMXXIII Delaware.gov, Professional License Services for Military Personnel, Continuing Education and Audit Information. 6.6.2 Institutions may elect, and it is encouraged that practice examinations be administered during the conduct of the course. Some forms you can upload directly to your application or [], How do I obtain a certificate of licensure history? Study with Quizlet and memorize flashcards containing terms like Entity that administers license law in Delaware, Composition of the Delaware Real Estate Commission, Division of Professional Regulation and more. Gross Receipts Tax Meet any other requirements the commission sets. 5.17 Following successful completion, students shall receive verification of this status. An hour is defined as fifty (50) minutes of direct contact and ten (10) minutes of break. Social Media, Built by the Government Information Center 5.14.5 Multiple approved instructors may co-teach a course provided there is a designated primary instructor. Tax Center However, the fund's balance has to stay at more than $250,000 at all times, and if it ever dips below $250,000, the Delaware Real Estate Commission is required to charge all real estate agents . Tax Center Mobile Apps 4.4.1.7.2 The instructor will sign and scan back the Course Provider Evaluation Form to the course provider for submission to the Commission. Instructors will need to reapply by the approval expiration date and before teaching any further courses. Information from Bagwell's comparative balance sheets is given below. Purpose of the Delaware Real Estate Commission. An application that is incomplete when filed may not be considered to have been filed. 5.24 The License Law and the Rules and Regulations of the Commission are readily available on the Commission's web site at www.dpr.delaware.gov. 12.4 Disciplinary actions for the first negative evaluation within a twelve (12) month period: 12.4.1 A letter will be drafted to the instructor to advise them of the negative student reviews and the findings of the Committee. Factors demonstrating these abilities include, but are not limited to, student evaluations and/or test results from previous instructional assignments and/or teaching experience; 10.3 The person applying for instructor approval must have a minimum of five years full time experience in their real estate related area of expertise, plus one of the following: 10.3.1 A Bachelor's degree, except that a person teaching real estate law, either for pre-licensing, the broker course or continuing education, must be an active member of the Delaware Bar for at least five years; or, 10.3.2 A Broker's or Associate Brokers License; or.
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