PRACTICE QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. The South Carolina Real Estate Commission regulates:
A. Property taxes
B. Real estate licensing and conduct
C. Mortgage rates
D. Home construction codes
Answer: B
Rationale: The SC Real Estate Commission oversees licensing and enforcement.
2. A real estate salesperson in South Carolina must work under a:
A. Attorney
B. Licensed broker-in-charge
C. Appraiser
D. Contractor
Answer: B
Rationale: Salespersons must be supervised by a broker-in-charge.
3. Real property includes:
A. Furniture
B. Land and improvements
C. Vehicles
D. Stocks
Answer: B
Rationale: Real property includes land and permanent structures.
4. Personal property is also called:
,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattels are movable personal property.
5. A fixture is:
A. Temporary item
B. Permanently attached property
C. Insurance policy
D. Lease agreement
Answer: B
Rationale: Fixtures become part of real estate.
6. The Statute of Frauds requires real estate contracts to be:
A. Oral
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate contracts must be written to be enforceable.
7. Fiduciary duties include:
A. Loyalty
B. Tax filing
C. Appraisal
D. Lending
Answer: A
Rationale: Agents owe loyalty and fiduciary duties.
8. Which is NOT a fiduciary duty?
, A. Confidentiality
B. Accounting
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.
9. The Fair Housing Act prohibits discrimination based on:
A. Occupation
B. Protected classes
C. Education
D. Credit score
Answer: B
Rationale: Federal law protects against discrimination in housing.
10. Steering refers to:
A. Loan approval
B. Directing buyers based on protected class
C. Appraisals
D. Inspections
Answer: B
Rationale: Steering is illegal discrimination.
11. Blockbusting involves:
A. Renovation
B. Encouraging panic selling due to demographic changes
C. Lending
D. Appraisal
Answer: B
Rationale: Blockbusting violates fair housing laws.
12. A deed transfers: