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Short Term Rental FAQs for Wilmington, Delaware.

How restricted are short term rentals in Wilmington?

Light Restrictions

Does Wilmington,Delaware have any regulations for short term rentals?

No current regulation concerns

Does Airbnb automatically remit taxes for short term rentals in Wilmington?

Currently, Airbnb is collecting and remitting taxes on behalf of the host.

What are the city taxes for Wilmington

Delaware State FAQs

Is Delaware a judicial or non-judicial state?


In a judicial foreclosure state, the lender must go through the court system in order to foreclose on a property. This process can be longer and more expensive for the lender compared to a non-judicial foreclosure.

As a real estate investor, it is important to understand the differences between judicial and non-judicial states because it can affect the amount of time and money it takes to foreclose on a property. It can also impact the availability of properties that are being foreclosed on and the process of purchasing those properties.

What is the process of closing on a property in Delaware?

Attorneys handle closings. Although quitclaim and general warranty deeds are sometimes used, most conveyances are by special warranty deeds. Mortgages are the security instruments. Foreclosures are judicial and require 90-120 days to complete. ALTA policies and endorsements are prevalent. Buyers pay closing costs and the owner’s title insurance premiums. Buyers and sellers share the state transfer tax. Property taxes are on an annual basis and vary by county.

Property Taxes in Delaware?

Property taxes are on an annual basis and vary by county.

In Delaware, does a property management company require a real estate broker's license?

YES. Key components of property management are considered a real estate activity under existing Delaware real estate licensing laws. A broker's license is required for any person or company that, for compensation, leases or rents or offers for rent any real estate, or negotiates leases or rental agreements. A salesperson working under a broker may engage in such activities.

Are there any exceptions to the requirement that a property manager have a broker's license in Delaware?

YES. The statute specifically states that providers of property management services are exempt if they do not lease or rent, or negotiate leases or rental agreements, or improvements. "Property management services" not requiring a broker's license include the "supervision and the administration of the physical maintenance and/or the financial matters of real property." They include helping the owner select tenants, creating budgets for the property, collecting rents and holding security deposits. For more information about these and other Delaware property management requirements and exceptions, please contact the Delaware Real Estate Commission. Before hiring a property manager to manage your Delaware rental property, you should always check that he or she is licensed appropriately. You can check the license status of Delaware property managers at the Delaware Division of Professional Regulation's online license verification service.

Do you need a broker's license to manage community associations in Delaware?

There is no requirement that a community or condo association manager in Delaware hold a real estate broker's license.

Real Estate Broker Requirements

Delaware real estate broker and associate broker licensing requirements include: - Experience: actively licensed as either a broker or salesperson for a continuous period of five years immediately prior to applying for the license and experience in at least 30 qualified sales transactions during that time. In addition, broker applicants (as opposed to associate broker applicants) must have been actively practicing real estate for three years immediately preceding submission of the application - Education: Complete a 99-hour broker's course accredited by the Delaware Real Estate Commission. Submit application within one year of taking the course - Exam: Pass the salesperson's licensing examination - Trustworthiness: Submit an affidavit that the applicant has not engaged in any acts or offenses that would be grounds for discipline

Real Estate Salesperson Requirements

Delaware real estate salesperson licensing requirements include: - Education: Complete a 99-hour real estate salesperson's course accredited by the Delaware Real - Estate Commission. Submit application within one year of taking the course - Exam: Pass the two part standardized broker licensing examination - Trustworthiness: Salesperson application includes a section on questions related to trustworthiness

How do property ownership transfers work in ?

Suitclaim and general warr anty deeds are sometimes used most property transfers are by special warranty deeds.

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
of total carbon dioxide
of all energy
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

National Farmers Market Directory

This is a National Farmers Market Search Tool. Use this link to find farmers markets near you or find one while traveling!

37 DIY Rainwater Harvesting Systems

DYI Rainwater Harvesting System set up ideas and instructions.

Paint Drop-Off Locations - PaintCare Inc.

PaintCare makes it easy to recycle leftover, unwanted paint. PaintCare operatespaint stewardship programs on behalf of paint manufacturers in states that have passed paint stewardship laws.