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Delaware Legislative Bills
1 legislative bill tracked for real estate wholesalers & investors
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SB201Enacted — In ForceIn force since Aug 30, 2026 High Risk
An Act To Amend Title 24 Of The Delaware Code Relating To Real Estate Brokers And Salespersons
Summary
- The bill amends Delaware's real estate laws to require individuals engaged in wholesaling real estate to obtain a real estate license
- It defines wholesaling and clarifies that marketing properties in this manner constitutes real estate brokerage, which must be performed by licensed brokers
What This Means for Wholesalers
- This means that wholesalers in Delaware will now need to be licensed to operate legally, which could increase the barriers to entry for new wholesalers
- Additionally, the bill aims to prevent excessive assignment fees that could harm sellers
license required
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