A licensed Delaware salesperson is advising clients about the Delaware Coastal Zone Act and its practical implications for real estate transactions. Which of the following statements about the Coastal Zone Act is NOT accurate?
Correct Answer
C) The Act applies only to properties located directly on the Atlantic Ocean coastline in Sussex County
Option C is NOT accurate. The Delaware Coastal Zone Act, 7 Del. C. § 7001 et seq., is not limited to properties on the Atlantic Ocean coastline in Sussex County. The Act applies throughout Delaware's designated coastal zone, which encompasses areas along the Delaware River, Delaware Bay, and Atlantic Ocean — covering portions of all three counties (New Castle, Kent, and Sussex). Restricting its application only to the Atlantic Ocean coast in Sussex County is a significant misstatement of the law.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
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