# Delaware SB 201: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE BROKERS AND SALESPERSONS

Delaware SB 201, AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE BROKERS AND SALESPERSONS, is a 153rd General Assembly (2024–2026) Senate bill sponsored by Spiros Mantzavinos (Democratic); status signed, last action 2026-06-01 (Signed by Governor); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/DE-SB201-153
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Delaware SB 201
- State: Delaware
- Session: 153rd General Assembly (2024–2026)
- Title: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE BROKERS AND SALESPERSONS
- Status: signed
- Chamber: Senate
- Introduced: 2025-07-01
- Last action: 2026-06-01, Signed by Governor
- Sponsor: Spiros Mantzavinos (Democratic)
- Cosponsors: 2
- Touches household money: yes
- Roll calls: 2 (46 yes, 10 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- More recovery money for real estate victims: benefit, high. Delaware’s Real Estate Guaranty Fund raises its payout cap from $25,000 to $50,000 per transaction or claim. That cap covers all claimants and parcels combined, not each person separately. Claimants need a final judgment for theft, forgery, fraud, misrepresentation, or deceit involving a brokerage…
- Property sellers can cancel wholesale agreements: benefit, medium. Sellers who own the property outright or hold a leasehold interest can cancel wholesale agreements without owing damages. This right cannot be waived. With required disclosures, cancellation is allowed until midnight on the 21st calendar day after signing or before transfer, whichever comes first.…
- Real estate wholesalers face licensing oversight: mixed, low. Wholesaling and attempts to wholesale now fall under Delaware’s real estate licensing rules and Commission oversight. This adds licensing obligations for wholesalers and brings their services under professional regulation. The rules cover profit-seeking contracts and marketing before legal ownershi…

## Sponsors and cosponsors

- Sponsor: Spiros Mantzavinos (Democratic), Senate
- Cosponsor: William Bush (Democratic), House
- Cosponsor: Kerri Evelyn Harris (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-05-14 | House | Passed (SM required) | pass | 26 | 10 |   |
| 2026-03-26 | Senate | Passed (SM required) | pass | 20 | 0 |   |

## Actions (7)

- 2026-06-01: Signed by Governor (Governor)
- 2026-05-14: Passed By House. Votes: 26 YES 10 NO 2 NOT VOTING 3 ABSENT (House)
- 2026-04-21: Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 8 On Its Merits (House)
- 2026-04-09: Assigned to Economic Development/Banking/Insurance & Commerce Committee in House (House)
- 2026-03-26: Passed By Senate. Votes: 20 YES 1 ABSENT (Senate)
- 2026-01-29: Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 2 Favorable, 6 On Its Merits (Senate)
- 2025-07-01: Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate (Senate)

## Bill text

- Current, 2025-07-01: [HTML](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=142673&legislationTypeId=1&docTypeId=2)

## Related bills

- HS 1 for HB 449: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO THE DIETITIAN/NUTRITIONIST LICENSURE ACT. (passed house)
- HB 357: AN ACT TO AMEND TITLES 10 AND 13 OF THE DELAWARE CODE RELATING TO THE DUTY TO SUPPORT POOR PERSONS. (signed)
- SB 279: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL-BASED OCCUPATIONAL THERAPISTS. (vetoed)
- HB 393: AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO PROTECTIONS FOR PUBLIC UTILITY CONSUMERS. (vetoed)
- SB 231: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL SOCIAL WORKERS. (vetoed)
- HB 356: AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO PFAS IN FIREFIGHTING FOAM AND EQUIPMENT. (failed)

## Sources
- [Current (HTML)](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=142673&legislationTypeId=1&docTypeId=2)

## Related
- [HS 1 for HB 449: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO THE DIETITIAN/NUTRITI…](https://policyrisk.com/state-bill/DE-HS1FORHB449-153)
- [HB 357: AN ACT TO AMEND TITLES 10 AND 13 OF THE DELAWARE CODE RELATING TO THE DUTY TO S…](https://policyrisk.com/state-bill/DE-HB357-153)
- [SB 279: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL-BASED OCCUPATI…](https://policyrisk.com/state-bill/DE-SB279-153)
- [HB 393: AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO PROTECTIONS FOR PUBLI…](https://policyrisk.com/state-bill/DE-HB393-153)
- [SB 231: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL SOCIAL WORKERS.](https://policyrisk.com/state-bill/DE-SB231-153)
- [HB 356: AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO PFAS IN FIREFIGHTING…](https://policyrisk.com/state-bill/DE-HB356-153)
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Source: PRIA, https://policyrisk.com/state-bill/DE-SB201-153 (as of 2026-10-12).