SOUTH CAROLINA REAL ESTATE EXAM
PRACTICE QUESTIONS 2026 COMPLETE
STUDY GUIDE WITH QUESTIONS AND
CORRECT ANSWERS LATEST SOUTH
CAROLINA SALESPERSON LICENSING
EXAM PREP GRADE A+ SUCCESS GUIDE
Which of these is an example of a general agent that has the authority to
make binding decisions on behalf of the principal: - CORRECT ANSWER -
property manager The amount per $1,000 used to calculate taxes on
property is the - CORRECT ANSWER -milliage rate
The common name of the hazardous-waste cleanup fund established by the
Comprehensive Environmental Response, Compensation and Liability Act
(CERCLA) is - CORRECT ANSWER -superfund
May eviction and foreclosure notices be delivered electronically in South
Carolina? - CORRECT ANSWER -NO
How many years of sales experience must a salesperson have in order to
qualify to take the brokers exam? - CORRECT ANSWER -3
A development map that shows the location and sizes of lots and streets is
known as a - CORRECT ANSWER -grid plan
, he Residential Property Condition Disclosure form applies to transactions
that involve no more than, how many units? - CORRECT ANSWER -4
How many years must a full copy of a transaction file be held by a broker
after closing? - CORRECT ANSWER -5
Who is responsible for maintaining a habitable property and for complying
with local housing and building codes in a rental situation? - CORRECT
ANSWER -Lessor
Salespersons must present any client monies received, to their broker,
within - CORRECT ANSWER -1 business day
The net spendable income generated by an investment is referred to as -
CORRECT ANSWER -Cash flow
How long must a Broker in Charge or Property Manager in Charge retain
their Trust Fund Account records? - CORRECT ANSWER -5 years
A recipient of a high cost loan on a property in South Carolina must -
CORRECT ANSWER -receive counseling on the advisability of the loan
Mortgage "discount" points only apply if which of the following conditions
are met? - CORRECT ANSWER -The interest rate on the mortgage loan has
been lowered by 1% for each point charged.
PRACTICE QUESTIONS 2026 COMPLETE
STUDY GUIDE WITH QUESTIONS AND
CORRECT ANSWERS LATEST SOUTH
CAROLINA SALESPERSON LICENSING
EXAM PREP GRADE A+ SUCCESS GUIDE
Which of these is an example of a general agent that has the authority to
make binding decisions on behalf of the principal: - CORRECT ANSWER -
property manager The amount per $1,000 used to calculate taxes on
property is the - CORRECT ANSWER -milliage rate
The common name of the hazardous-waste cleanup fund established by the
Comprehensive Environmental Response, Compensation and Liability Act
(CERCLA) is - CORRECT ANSWER -superfund
May eviction and foreclosure notices be delivered electronically in South
Carolina? - CORRECT ANSWER -NO
How many years of sales experience must a salesperson have in order to
qualify to take the brokers exam? - CORRECT ANSWER -3
A development map that shows the location and sizes of lots and streets is
known as a - CORRECT ANSWER -grid plan
, he Residential Property Condition Disclosure form applies to transactions
that involve no more than, how many units? - CORRECT ANSWER -4
How many years must a full copy of a transaction file be held by a broker
after closing? - CORRECT ANSWER -5
Who is responsible for maintaining a habitable property and for complying
with local housing and building codes in a rental situation? - CORRECT
ANSWER -Lessor
Salespersons must present any client monies received, to their broker,
within - CORRECT ANSWER -1 business day
The net spendable income generated by an investment is referred to as -
CORRECT ANSWER -Cash flow
How long must a Broker in Charge or Property Manager in Charge retain
their Trust Fund Account records? - CORRECT ANSWER -5 years
A recipient of a high cost loan on a property in South Carolina must -
CORRECT ANSWER -receive counseling on the advisability of the loan
Mortgage "discount" points only apply if which of the following conditions
are met? - CORRECT ANSWER -The interest rate on the mortgage loan has
been lowered by 1% for each point charged.
