SC Property Management Real Estate Exam
Study 2026 | LATEST Updated Content with
CORRECT ANSWERS, CORRECT RATIONALES &
A+ Graded
Mitigation of Damages - answ✔️💜💜✔️-G leased a commercial building to S for ten years. After six
months S moved out without notice. G advertised for a tenant. G's actions relate to:
Tenancy at Will - answ✔️💜💜✔️-The landlord advises the tenant that in a few months the city is
going to demolish the apartment builsing to make way for a new expressway. The landlord and the
tenant agree that the tenant can stay on until the demoltion begins. This is an example of?
Attornment - answ✔️💜💜✔️-A parcel of leased property is sold and the tenant recoginzes the new
lanlord by sending the rent to the new landlord. The tenant is said to have gone thorugh an act of?
The tenant vacating the property - answ✔️💜💜✔️-A lease would be terminated by all of the following
EXCEPT?
Hold, Account for and protect third party monies - answ✔️💜💜✔️-The primary purpose of an
escrow/trust account is to?
Tenant at Sufferance - answ✔️💜💜✔️-Tenants sometimes enter into a lease, and at the end of the
lease fail to vacate the property. Such tenant is legally known as a/an?
, Revisonary right - answ✔️💜💜✔️-The landlord's right to take possesion of the property at the end of
the lease is called?
Is usually responsible for paying charges such as taxes and insurance on the leased property. -
answ✔️💜💜✔️-Under the terms of net lease, the tenant?
Omega's gross sales - answ✔️💜💜✔️-Smiley rented a storefront to Omega Clothiers on a percentage
lease. The rent will be based on?
It applies to housing built before 1978 - answ✔️💜💜✔️-Which statement about a Lead Paint
disclosure would be correct?
Month-to-Month Tenancy - answ✔️💜💜✔️-In South Carolina, if the landlord and the tenant do not
agree to the terms of tenancy, the tenancy is:
antitrust laws - answ✔️💜💜✔️-The practice of unfair methods of competition, and unfair or
deceptive acts is forbidden by?
Blockbusting - answ✔️💜💜✔️-An attempt to induce, for profit, any person to rent any dwelling by
making claims that personof a particular minority status may be moving into the neighborhood is?
Lease - answ✔️💜💜✔️-An instrument that transfers possesion without transferring title is a/an?
Personal Property - answ✔️💜💜✔️-A lease for 50 years would be considered?
Tenancy in Common - answ✔️💜💜✔️-Which of the following does NOT apply to a leashold estate?
Lessor and Lessee - answ✔️💜💜✔️-To be binding and enforceable it is best to have the lease signed
by the?
Study 2026 | LATEST Updated Content with
CORRECT ANSWERS, CORRECT RATIONALES &
A+ Graded
Mitigation of Damages - answ✔️💜💜✔️-G leased a commercial building to S for ten years. After six
months S moved out without notice. G advertised for a tenant. G's actions relate to:
Tenancy at Will - answ✔️💜💜✔️-The landlord advises the tenant that in a few months the city is
going to demolish the apartment builsing to make way for a new expressway. The landlord and the
tenant agree that the tenant can stay on until the demoltion begins. This is an example of?
Attornment - answ✔️💜💜✔️-A parcel of leased property is sold and the tenant recoginzes the new
lanlord by sending the rent to the new landlord. The tenant is said to have gone thorugh an act of?
The tenant vacating the property - answ✔️💜💜✔️-A lease would be terminated by all of the following
EXCEPT?
Hold, Account for and protect third party monies - answ✔️💜💜✔️-The primary purpose of an
escrow/trust account is to?
Tenant at Sufferance - answ✔️💜💜✔️-Tenants sometimes enter into a lease, and at the end of the
lease fail to vacate the property. Such tenant is legally known as a/an?
, Revisonary right - answ✔️💜💜✔️-The landlord's right to take possesion of the property at the end of
the lease is called?
Is usually responsible for paying charges such as taxes and insurance on the leased property. -
answ✔️💜💜✔️-Under the terms of net lease, the tenant?
Omega's gross sales - answ✔️💜💜✔️-Smiley rented a storefront to Omega Clothiers on a percentage
lease. The rent will be based on?
It applies to housing built before 1978 - answ✔️💜💜✔️-Which statement about a Lead Paint
disclosure would be correct?
Month-to-Month Tenancy - answ✔️💜💜✔️-In South Carolina, if the landlord and the tenant do not
agree to the terms of tenancy, the tenancy is:
antitrust laws - answ✔️💜💜✔️-The practice of unfair methods of competition, and unfair or
deceptive acts is forbidden by?
Blockbusting - answ✔️💜💜✔️-An attempt to induce, for profit, any person to rent any dwelling by
making claims that personof a particular minority status may be moving into the neighborhood is?
Lease - answ✔️💜💜✔️-An instrument that transfers possesion without transferring title is a/an?
Personal Property - answ✔️💜💜✔️-A lease for 50 years would be considered?
Tenancy in Common - answ✔️💜💜✔️-Which of the following does NOT apply to a leashold estate?
Lessor and Lessee - answ✔️💜💜✔️-To be binding and enforceable it is best to have the lease signed
by the?
