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Department of State: Division of Professional Regulation: Real Estate Commission

FREQUENTLY ASKED QUESTIONS:

  1. How do I obtain a certificate of licensure history?
  2. How do I place a license on inactive status?
  3. How do I reactivate an inactive license?
  4. How do I transfer a license?
  5. As a broker, what may I do if I have associates whom I cannot contact or wish to remove from my office?
  6. How do I surrender a license which is not going to be used in the future?
  7. How do I report a new office location?
  8. How do I change the name on a license?
  9. How do I change the broker of record for an office?
  10. How do I change the name of a business?
  11. How do I apply for reinstatement of a license?

 

Question: How do I obtain a certificate of licensure history?

Answer: Send a written request to the Real Estate Commission with a check payable to the "State of Delaware." See Fee Schedule.

 

Question: How do I place a license on inactive status?

Answer: Complete Section B of the License Status Change form with your broker who will return the form with the license, the pocketcard and the fee (see fee schedule) payable to the "State of Delaware." Licenses may remain inactive for an indefinite period. A renewal form is sent annually prior to June 30 to allow anyone with an inactive license to extend the inactive period for another year by paying the fee shown on the form. In order to maintain inactive status, the licensee must respond in a timely manner to the renewal notice. A licensee wishing to reactivate his/her license will be required to submit proof of fulfillment of continuing education requirements for each renewal period.

 

Question: How do I reactivate an inactive license?

Answer: To reactivate a license which has been placed on inactive status, all continuing education documentation for every license renewal period that has occurred since the license became inactive must be attached to the Request for Reactivation of a License form completed by you and your broker and sent to the Commission with the appropriate fee(s). Please contact the Commission's office to determine what fees apply to your situation. Processing fees are prorated. A reactivation fee is required. If you have changed brokers since the license was last active, a transfer fee is also due. All fees are payable to the "State of Delaware."

 

Question: How do I transfer a license?

Answer: To transfer a license from one broker's office to another, complete Section A of the License Status Change form. The form must bear three original signatures. Submit to the Commission with the current wall license released by your present broker, the pocketcard and transfer fee payable to the "State of Delaware." Failure to report a change in business location as required may result in a cancellation of your license. See 24 Del. C. § 2920 and Commission Rule 6.0.

 

Question: As a broker, what may I do if I have associates whom I cannot contact or wish to remove from my office?

Answer: To terminate a licensee from your office, complete Section C of the License Status Change form, attach the current wall license and submit to the Commission. The licensee is informed of the termination by a certified notice sent to the mailing address you furnish on the form.

 

Question: How to surrender a license which is not going to be used in the future?

Answer: Complete Section D of the License Status Change form, attach the license and pocketcard and return to the Commission.

 

Question: How do I report a new office location?

Answer: A resident broker who is opening a new office must submit a completed Office Application form with all necessary documentation for review of the Commission. A nonresident broker who moves an office must notify the Commission in writing, providing a current certificate of licensure from the resident licensing authority displaying the new office location as well as a list of licensees, their current wall licenses and a transfer fee payable to the "State of Delaware" for each license to be updated and reissued.

 

Question: How do I change the name on a license?

Answer: Return the license to the Commission with a written notice of the change, a copy of the legal documentation identifying the change (e.g. marriage certificate, divorce decree), and a maintenance fee payable to the "State of Delaware."

 

Question: How do I change the broker of record for an office?

Answer: The broker assuming the title of broker of record must send a written notice to the Commission identifying the outgoing and incoming brokers of record.

 

Question: How do I change the name of a business?

Answer: The broker of record must notify the Commission in writing of the change and include a list of all licensees and their current wall licenses and maintenance fee payable to the "State of Delaware" for each license to be updated and reissued. If a resident broker, a copy of a current business license for the new name or fictitious name filing must be included. If a nonresident broker, a current certificate of licensure from the home state's Commission displaying the new name must be included.

 

Question: How do I apply for reinstatement of a license?

Answer: Please note that the Commission is under no obligation to reinstate a lapsed license. As reinstatement is a time sensitive process governed by the amount of time accrued since the license lapsed. Contact the Commission office to discuss your particular situation. See Application for Reinstatement of a Delaware Real Estate License.

 



Last Updated: Thursday, 14-Feb-2008 16:07:56 EST
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