A buyer named Marcus is interested in purchasing a waterfront parcel along the Delaware Bay in Sussex County. His plan is to construct a large manufacturing facility that would process bulk materials shipped in by barge. His agent, Lisa, is aware of the property's location within the designated coastal zone. What is Lisa's most important obligation to Marcus regarding this proposed use?
Correct Answer
A) Advise Marcus that bulk material processing facilities are among the uses prohibited or heavily restricted under the Delaware Coastal Zone Act
Under the Delaware Coastal Zone Act, 7 Del. C. § 7001 et seq., new heavy industrial uses — including bulk product transfer facilities and manufacturing operations — are prohibited in the coastal zone. Lisa has a professional duty to advise Marcus about these restrictions because they directly affect the property's marketability and Marcus's intended use. Failing to disclose known use restrictions could expose Lisa to liability and harm her client.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
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