lowest court. handles very small civil and criminal cases. all over the county. argues before a judge and gets a quick response. you do not have to have a lawyer. ,$15,000
Back
Federal Courts
Front
US District Courts, 3rd Circuit of appeals, US Supreme Court
bankruptcy court
Back
Title 25 Section 2901
Front
Says that you need a real estate license to provide real estate services
licenses can't be issued to corporation only a person
unless it's for sale by owner
an attorney at law
an auctioner
Back
The trust is not at the department of records
Front
the trustee keeps the trust
Back
Assessments in a condominiums
Front
the extras including like snow shoveling.
failure to pay that can give you a statutory lien
Back
midAtlantic decision (1980)
Front
In Delaware a Supreme court ruling that a lawyer has to be present during a closing because closing is practicing law
Back
Title 24
Front
licensing act
Back
sales contract
Front
most important document in a real estate agreement
Back
Title 25 Section 2902
Front
licensee - is an individual,
Broker
associate broker
Salesperson
Back
2. Delaware Attorney
Front
handles the funds in an escrow account
Back
General Warranty Deed
Front
Back
the state, Wilmington and the county
Front
have a first time home buyer incentive
Back
1. Delaware Attorney
Front
drafting or reviewing documents
Back
A lawyer is needed
Front
even without a mortgage a lawyer is needed to create documents and protect the buyer. making sure there are no outstanding debts against the properties
Back
Superior Court
Front
unlimited jurisdiction
Back
Files needed for a real estate transaction
Front
Back
Court of Common Pleas
Front
$50000
Back
for Delaware property a Delaware lawyer is needed
Front
refinanced loaned
Back
Title 25
Front
Deals with property
Back
Delays in recording the deed can cause
Front
impairments
Back
Landlord/Tenant code
Front
only applies to residential
Back
Person
Front
Any individual, partnership, corporation, association, government or governmental subdivision or agency or other entity:p
Back
Real Estate Commission
Front
has 9 members
Consists of 5 professional members who are appointed by the governor and meet monthly
4 public broker associate broker and salesperson
Back
Dower and Curtesy
Front
The legal right or interest that one spouse has in the property of the other spouse.
Back
purchasers lawyer
Front
in Delaware oversees the closing of a contract
Back
Real Estate Guaranty Fund
Front
$25 pay in
$25000 max pay out
$250000 min account balance
Back
D U C I O A
Front
DELAWARE UNIFORM COMMON INTEREST OWNERSHIP ACR
applies to condominiums with more than 20 units