SOUTH CAROLINA REAL ESTATE
PRINCIPLES PRACTICE QUESTIONS AND
CORRECT ANSWERS 2026 COMPLETE
REAL ESTATE PRINCIPLES STUDY GUIDE
SALESPERSON LICENSING EXAM PREP
GRADE A+ STUDY RESOURCE
Capitalization Rate - CORRECT ANSWER -The rate of return a property will
produce on the owner's investment.
Chapter 4: Appraisal Accession - CORRECT ANSWER -acquiring a title to
additions or improvements to real property as a result of the annexation of
fixtures or the accretion of alluvial deposits along the banks of streams.
Allodial System - CORRECT ANSWER -A system of owned land ownership in
which land is held free and clear of any rent or service due to the
government: commonly contrasted to the feudal system. Land is held under
the allodial system in the United States.
Bundle of Legal Rights - CORRECT ANSWER -The concept of land ownership
that includes ownership of all legal rights to the land- for example-
possession control within the law and enjoyment.
Chapter 1: Real Estate Law
,Accretion - CORRECT ANSWER -The increase or addition of land by the
deposit of sand or soil washed up naturally from a river, lake, or sea.
Chapter 1: Real Estate Law
Annexation - CORRECT ANSWER -Process of converting personal property
into real property.
Chapter 1: Real Estate Law
Chattel - CORRECT ANSWER -Personal Property; do not fit the definition of
real property; moveable objects.
Chapter 1: Real Estate Law
Acre - CORRECT ANSWER -A measure of land equal to 43,560 square feet,
4,8640 square yards, 4,047 square meters, 160 rods, or 0.4047
Chapter 1: Real Estate Law
Appurtenance - CORRECT ANSWER -A right, privilege, or improvement
belonging to, and passing with, the land.
Clustering - CORRECT ANSWER -The grouping of home sites within
subdivisions on smaller lots than normal, with the remaining land used as
common areas.
Chapter 1: Real Estate Law
Air Lot - CORRECT ANSWER -a designated airspace over a piece of land. An
air lot, like a surface property, may be transferred.
,Avulsion - CORRECT ANSWER -A sudden tearing away of land, as by
earthquake, flood, volcanic action or the sudden change in the course of a
stream.
Chapter 1: Real Estate Law
Condemnation - CORRECT ANSWER -A judicial or administrative
proceeding to exercise the power of eminent domain, through which a
government agency takes private property for public use and compensates
the owner.
Chapter 1: Real Estate Law
Air Rights - CORRECT ANSWER -The right to use the open space above a
property, usually allowing the surface to be used for another purpose.
Chapter 1: Real Estate Law
Benchmark - CORRECT ANSWER -A permanent reference mark or point
established for use by surveyors in measuring differences in elevation.
Chapter 1: Real Estate Law
Datum - CORRECT ANSWER -A horizontal plane from which heights and
depths are measured.
Chapter 1: Real Estate Law
Developer - CORRECT ANSWER -One who attempts to put land to its most
profitable use through the construction of improvements
, Chapter 1: Real Estate Law
Emblements - CORRECT ANSWER -Growing crops, such as grapes and corn
that are produced annually through labor and industry; also called fructus
industrials
Eminent Domain - CORRECT ANSWER -The right of the government or
municipal quasi-public body to acquire property for public use through a
court action called condemnation, in which the court decided that the use is
a public and determines the compensation to be paid to the owner.
Chapter 1: Real Estate Law
Enabling Acts - CORRECT ANSWER -State legislation that confers zoning
powers on municipal governments.
Chapter 1: Real Estate Law
Erosion - CORRECT ANSWER -The gradual wearing away of land by water,
wind, and general water conditions, the diminishing of property by the
elements.
Chapter 1: Real Estate Law
Eshcheat - CORRECT ANSWER -The reversion of property to the state or
county, as provided by state law in cases where decedent dies intestate
without heirs.
Chapter 1: Real Estate Law
PRINCIPLES PRACTICE QUESTIONS AND
CORRECT ANSWERS 2026 COMPLETE
REAL ESTATE PRINCIPLES STUDY GUIDE
SALESPERSON LICENSING EXAM PREP
GRADE A+ STUDY RESOURCE
Capitalization Rate - CORRECT ANSWER -The rate of return a property will
produce on the owner's investment.
Chapter 4: Appraisal Accession - CORRECT ANSWER -acquiring a title to
additions or improvements to real property as a result of the annexation of
fixtures or the accretion of alluvial deposits along the banks of streams.
Allodial System - CORRECT ANSWER -A system of owned land ownership in
which land is held free and clear of any rent or service due to the
government: commonly contrasted to the feudal system. Land is held under
the allodial system in the United States.
Bundle of Legal Rights - CORRECT ANSWER -The concept of land ownership
that includes ownership of all legal rights to the land- for example-
possession control within the law and enjoyment.
Chapter 1: Real Estate Law
,Accretion - CORRECT ANSWER -The increase or addition of land by the
deposit of sand or soil washed up naturally from a river, lake, or sea.
Chapter 1: Real Estate Law
Annexation - CORRECT ANSWER -Process of converting personal property
into real property.
Chapter 1: Real Estate Law
Chattel - CORRECT ANSWER -Personal Property; do not fit the definition of
real property; moveable objects.
Chapter 1: Real Estate Law
Acre - CORRECT ANSWER -A measure of land equal to 43,560 square feet,
4,8640 square yards, 4,047 square meters, 160 rods, or 0.4047
Chapter 1: Real Estate Law
Appurtenance - CORRECT ANSWER -A right, privilege, or improvement
belonging to, and passing with, the land.
Clustering - CORRECT ANSWER -The grouping of home sites within
subdivisions on smaller lots than normal, with the remaining land used as
common areas.
Chapter 1: Real Estate Law
Air Lot - CORRECT ANSWER -a designated airspace over a piece of land. An
air lot, like a surface property, may be transferred.
,Avulsion - CORRECT ANSWER -A sudden tearing away of land, as by
earthquake, flood, volcanic action or the sudden change in the course of a
stream.
Chapter 1: Real Estate Law
Condemnation - CORRECT ANSWER -A judicial or administrative
proceeding to exercise the power of eminent domain, through which a
government agency takes private property for public use and compensates
the owner.
Chapter 1: Real Estate Law
Air Rights - CORRECT ANSWER -The right to use the open space above a
property, usually allowing the surface to be used for another purpose.
Chapter 1: Real Estate Law
Benchmark - CORRECT ANSWER -A permanent reference mark or point
established for use by surveyors in measuring differences in elevation.
Chapter 1: Real Estate Law
Datum - CORRECT ANSWER -A horizontal plane from which heights and
depths are measured.
Chapter 1: Real Estate Law
Developer - CORRECT ANSWER -One who attempts to put land to its most
profitable use through the construction of improvements
, Chapter 1: Real Estate Law
Emblements - CORRECT ANSWER -Growing crops, such as grapes and corn
that are produced annually through labor and industry; also called fructus
industrials
Eminent Domain - CORRECT ANSWER -The right of the government or
municipal quasi-public body to acquire property for public use through a
court action called condemnation, in which the court decided that the use is
a public and determines the compensation to be paid to the owner.
Chapter 1: Real Estate Law
Enabling Acts - CORRECT ANSWER -State legislation that confers zoning
powers on municipal governments.
Chapter 1: Real Estate Law
Erosion - CORRECT ANSWER -The gradual wearing away of land by water,
wind, and general water conditions, the diminishing of property by the
elements.
Chapter 1: Real Estate Law
Eshcheat - CORRECT ANSWER -The reversion of property to the state or
county, as provided by state law in cases where decedent dies intestate
without heirs.
Chapter 1: Real Estate Law
