What is the one-time fee paid by licensees that goes towards maintaining the real estate guaranty fund?

The correct answer is the one-time fee of $25. This fee is collected from real estate licensees in Delaware to contribute to the real estate guaranty fund. The purpose of the guaranty fund is to provide financial protection to consumers who may suffer from the wrongful acts of real estate licensees, such as fraud or breaches of duty, ensuring that there is a safety net for those affected. This fund supports the integrity of the real estate industry by promoting accountability among licensees and giving consumers some level of confidence in their transactions.

A fee of $15, $20, or $30 would not fulfill the established requirement, as the specific amount set by Delaware law is $25. This standardization helps ensure that all licensed professionals contribute equally towards maintaining the fund and reinforces the importance of compliance with state regulations. Understanding the significance of this fee fosters awareness of the regulatory framework that governs real estate practices in Delaware.