http://dpr.delaware.gov/boards/realestate/index.shtml
COMMISSION FUNCTION: It is the authority of the Delaware Real Estate Commission (hereafter designated as "the Commission") as provided for in Chapter 29 of 24 Del. C., 2901-2960 to license and renew the licenses of qualified salesperson and broker applicants. The Commission has appointed an Education Committee to assist it in determining acceptable courses of instruction, seminars and lectures to be submitted to the Commission for approval. The Commission may also discipline any licensee found to be in violation of the licensing statute or the administrative code of the Commission. The Commission is also responsible for review and registration of out of state lands sales developments.
FREQUENCY OF MEETINGS: The Delaware Real Estate Commission meets the second Thursday of each month at 9:00 a.m. The meetings are open to the public and are held in Conference Room A of the Cannon Building, 861 Silver Lake Boulevard, Dover, Delaware.
The Commission office must receive items submitted for the Commission to consider at its meeting no later than two full business days before the meeting. In order to be considered at a Commission meeting, license applications must be complete two full business days before the meeting. A complete application is one that includes all required documentation and correct payment.
The Commission reserves the right to make any amendments, modifications or additions hereto, that, in its discretion are necessary or desirable. The Commission reserves the right to grant exceptions to the requirements of the rules and regulations contained herein upon a showing of good cause by the party requesting such exception, provided such exception is not inconsistent with the requirements of 24 Del.C. Ch. 29.
The rules and regulations contained herein, and any amendments, modifications or additions hereto are applicable to all persons presently licensed as real estate brokers or real estate salespersons, and to all persons who apply for such licenses.
It is the responsibility of the employing broker to insure that the rules and regulations of the Commission are complied with by licensees. Every broker is responsible for making certain that all of his or her sales agents are currently licensed, and that their agents make timely application for license renewal. A broker's failure to meet that responsibility may result in a civil fine against the broker of up to $ 1,000.00 per agent.
Each office location shall be under the direction of a broker of record, who shall provide complete and adequate supervision of that office. A broker serving as broker of record for more than one office location within the State shall apply for and obtain an additional license in his name at each branch office. The application for such additional license shall state the location of the branch office and the name of a real estate broker or salesperson licensed in this State who shall be in charge of managing the branch office on a full time basis.
A broker shall not serve as broker of record unless said broker has been actively engaged in the practice of real estate, either as a licensed salesperson or a licensed broker, for the preceding three (3) years.
Where an unforeseen event, such as a resignation or termination from employment, death, emergency, illness, call to military service or training, or a sanction imposed by the Commission causes or necessitates the removal of the sole licensed broker in an office, arrangements may be made with the Commission for another broker to serve as broker of record for said office on a temporary basis.
The employment of a sales manager, administrative manager, trainer, or other similar administrator shall not relieve the broker of record of the responsibilities contained and defined herein. The failure of any licensee to comply with the Real Estate Licensing Act and the rules and regulations of the Commission may result in disciplinary action in the form of a reprimand, civil penalty, suspension or revocation of the broker's and/or salesperson's license.
